Ken Reacts: TikToker Goes Viral for Post-College Reality Check 

Basically.

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you mean the whole world is struggling w inflation rn

Naw, 30-40% of Americans are in good shape. That still means at least 60% is in trouble. Still not good. Believe me when I say we still haven’t truly paid the price for the lockdowns. It will get worse before it gets better.

Rn

@@Maryanne-xo5ipLet’s go Sir Brandon of the Brandon Regime

The American population is 45% obese and another 25% overweight; that is 70% being overfed. When that gets down to about 25%, I'll feel sorry for them.

Same! Undoubtable it’s harder now than when I started out. Premise is the same. Live frugal and grind. Never compare. I’ve resigned to the fact that I may never live the life I want - house, car, vacations. It just doesn’t pencil out. But I am happy in my career and lifestyle and have built up financial stability.

Same here. But the youngins don't want to hear it. The reality is that when i graduated college in 95 my first job paid 28k a year. I had a beater car, some clothes, a cheap guitar and roommates. I never really bitched about it...that was reality for everyone my age for the most part - i didnt know anyone that had their own place. Today someone 24 out of college thinks they can start living large immediately with overseas vacations, new cars, their own place...its more expensive today than 30 years ago and if I tried spending like that I would be in debt and broke just like they are.

its not so much common sense rather indoctrination from 5 years old til 18 that higher education is "needed" to become successful.

It's not opening doors anymore..no longer" THE KEY!"

Yep...my dad told me when i was in college in teh early 90s...a degree is NOT the goal, it may serve as a stepping stone to the goal.

As Woody Allen said, 80% of success is showing up. This got me through the tough times... I just kept showing up. I kept earning my paycheck and they kept paying me.

60,000 wtf. You were on easy street. Wish younger generations could have it so good.

Maybe they did but she didn’t listen..

⁠@@jayroc5807I think there’s an unfortunate expectation from parents that they need to give kids “the good life”, meaning they can count on Bank of Mom and Dad to provide clothing (of whatever types they want including high end stuff) meals out and entertainment anytime they wanted it, all basically for the asking. Add in that fewer and fewer kids have chores at all, and you create a situation where the child has never had the experience of a) a job, b) budgeting, and c) being frugal. They grow up just getting it without struggling or sacrificing to get it. Then they hit adulthood with no ability to save, no ability to work at things that are not “fun” or my favorite “not their passion” and they burn out quickly because they don’t know what real life is like. Parents ideally should raise kids over ten with an allowance and chores. And at age appropriate amounts, than expect them to pay for more and more of their own expenses. Obviously as a small treat you can indulge a kid, and under a certain age you can’t expect them to pay for everything with chore money.

spot on. my wife and i stated out in 1990 and had nothing for many years even after graduating college. We lived frugal and were smart about finances and built our wealth over years finally able to buy a house. This was known as common sense.

Their degree plays a huge part of how much they will make. Some want to major in BS and are surprised when they get paid BS.

My first job after university in 1980 $100K/yr Petroleum Engineering overseas All expenses paid A house in Houston TX $48K Chevy Silverado $8500 In the mid 90’s. I worked with a young woman $220K/yr Her house payment $10600/month 0% interest for 24 months

@@aolvaar8792 wow, my first job out of college in 95 - 28k a year. Communications major...crap degree. I didn't really know at the time though. at least it didn't cost me.

@@mr.kilpatrick2991 How about working as a Lethal Entry Tech In a Level 4 BioWeapons plant. One year lockdown quarantine. Would you mind $250K?

She also needs to realize that it’s her responsibility to figure things out with 60K, and know that there are families out there figuring things out on a lower income than what she’s currently making.

60k isn't a livable wage anywhere in the US nowadays. You need a partner, and the ability to continue moving up the ladder. 150k is the new living wage.

I tell my teenage children that I want them to stay home until they are married and out of debt. They are also welcome to live at home for a few years after marriage because childcare has become unbelievably expensive.

@@phipsdeus2 staying at home until I was 24 is one of the biggest reasons I was able to retire at 42.

In the public sector their comment is true. The person with a degree in philosophy, _____ studies, etc. will always be promoted fast than the person who only has experience and a great track record. In the private sector, you have to rely on your network and merit

Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks

@@JonathanBram Oh please I’d love that. Thanks!

@@RitaOwens94456 Clementina Abate Russo is her name

Lookup with her name on the webpage.

@@JonathanBram She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing

Amen.

Lol you think this its just going to magically get better and your Federal Reserve is Just going to stop printing more money? The only way is to just make more money.

Well Ron Paul tried to fix the system but not enough people with even half a brain listened, throughout 35 plus years of him being a Texas congressman. He was trying to strike at the root of all of it by abolishing the IRS but the problem is at least two different times out of the three that he ran as president he was screwed out of the presidency by at least two plus States worth of electoral votes . This is precisely what happens when you have a bunch of idiot lobbyists who have been swapping money back and forth between the same morons who want to control the people that have been in control and power for more than a century now. At the core I believe truly that the stems from idiot Woodrow Wilson December 23rd 1913 off the coast of Jekyll Island when he gave the power to print and control our currency to a group of foreign bankers that he dubbed the IRS and that he don't the actual act on paper as the Federal Reserve Act President John F Kennedy was the last and far as I understand the only president to truly challenge this with with executive order 11110 or 01111, I don't recall which it is at this moment, which would have given power back to the United States Treasury where it belongs to print and control our currency as it should have been. Noticed he was assassinated not even 6 months later and noticed what one of the first two things that Linda B Johnson did when he took office, he reversed that executive order and his dumbass got us involved or deeper involved in Vietnam which put us further into debt as a nation It's funny the few times the very few times that this nation sees a true constitutional sound sane intelligent person come along who finally wants to grab power and do the right things and it's proven that he is a morally sound good human being with no skeletons in the closet that the people including the idiot lobbyists refused to listen to reason Do the same things you've always done especially using the same methods and tools and nothing else changes and expect different results then...you're a du mba ss

Very well put and I cannot agree more. What you said it in your comment is or are facts of reality that so many forget to account for when they get in those situations of exiting high school or exiting College

How long, though? I’m at 20 years post-college. My kids are starting high school. How long do we wait before we can begin to think about moving out of our “starter” home? It’s not where we want to be. How long before we can actually afford a newer USED car? Where are the jobs? My husband is 8 years out from his bachelor degree and still no job.

Well sounds like he didn’t pick a good course of study. People are buying homes all the time everywhere. You always had to make good choices.

In many cities across the US, it would now take 25+ years for the avg earner to save for the DOWNPAYMENT on the avg priced house.

@@cawheeler27 Many cities are in California, New York, Florida and Texas. If you cannot afford to buy a house where you live, move. You are not entitled to anything. Some people just can’t see the reality of their situation.

It is a spoiled brat sort of reaction, because if she just puts her head down and continues to do the "right things" professionally and financially, she will likely be sitting in a white picket fence house with a baby and young, beard having broham as a husband in 10 years.

yep. maybe a college degree did give that in the 1950s or 1960s but not in my lifetime and Im in my mid 50s.

She likely has huge student loans. Boomers didn’t. Other things sucked but you weren’t saddled with debt right out the gate. Speaking as an older millennial.

@@bettygrable6440 good point. One of the reasons I steered clear of a college education as it’s by no means a guarantee of a well paid job and the debt that a student has to incur is mind-boggling.

So millennials rented rooms and stayed together. Only the youngest generations thinks they have their own apartment starting out. I am not sure where the idea that you moved out and got your own place easily came from. The only time people did that they also got married at 16.

I’m single and I’m making 43,000 living in NYC. That is considered poor yet I live below my means so I have no debt and have a zero balance on my one credit card!

I rented for 10 years before I could buy a house. I had to make a lot of sacrifices and gave up so many vacations in order to save for a down payment. I didn’t even get my dream house, but learned to appreciate my home over time.

Engineers could do it

@@LoLWhatAUsername same

Actually you could if you are lucky like me to buy one after the housing bubble burst. Graduated,saved for 3 years and bought a house even when the home prices went up a bit in 2013

@@Chet_24 yeah but its not just the job but the person too...I have known boomers that made good money but had problems retiring due to bad financial behavior...with irresponsible finance it doesn't matter how much you make..

👏🏻👏🏻👏🏻👏🏻👏🏻

Too many young people feel that they’re entitled to everything now. They don’t seem to get that it takes time to build things up and acquire these things.

Ok boomer

Ok boomer… the problem is that it USED to be doable.

The high paying jobs are not in the middle of NOWHERE

That may be true, but in the not so distant past, a median income was able to pay for a house, car, support a stay at home spouse, and at least one child. Now, it takes two people earning above median wages to afford this. The current system is untenable.

It still can. Go back to landline no internet 1 tv and antenna.

Things are a little more difficult for 20 something year olds because the economy is so crap; but, at her age, back in the 90’s, I worked two jobs six days a week for years and was going to college full time. The first few cars l drove were pieces of crap that were unreliable but it was all l could afford…I paid my dues which took years to do. Now, in my later years, I drive a paid off car that’s reliable, I live in an apartment by myself which is clean, safe and affordable. I have emergency money saved up which could pay for any car issues or other things. I’m also lucky that my job is close by so I don’t have to spend too much on gas to get me around and the area I live in is walkable with everything I need no more than 20-30 minutes away…I feel very grateful and blessed…That young lady might hate her job but she needs to find a way to appreciate the fact that she’s able to keep a roof over her head and, I never made 60 thousand in my life, yet I’m debt free. She’s seriously going to have to grow up and learn to deal with a little bit of adversity or she’s not going to make it!

yeah thats most people with a college degree

or get realistic

Relying on a guy who may not stay is not the best idea. She should not have moved into an expensive apartment. She needs to stop complaining and do something. Complaining and crying while recording yourself is so lame. She will be labeled for being a whiny little brat, because she chose to record herself having a meltdown for her own personal gain. She needs to get some help from a family member who can help her with her priorities and goals that are attainable in the real world.

@@fishercourt So you don’t think the nuclear family is a viable option for women anymore?

This guy gets it

Do not comply at all costs!

And why do you keep watching?

You’re right and that sounds like my life. It’s only now in my later years that I can say I’m comfortable…It took years of hard work to get me to this. I also don’t remember moaning and complaining about it, I just got on with it, worked two jobs for years and had gratitude that I was able to keep an affordable roof over my head!

@@cherylT321 Ditto that!! I worked 70-80 hours a week to pay cash while earning my Batchelor degree, and I worked a minimum of 48 hours a week while earning my other two associate degrees, no help from anyone else. I also did a year of working 80 hours a week to get my newer vehicle paid off in two years, best decision ever, not having a car payment has freed up like 500 a month!

I think lots of kids didn't realize they were middle upper class, and so when they reach adulthood, they are in for a shock. I am in my late 30s and after riding the struggle bus in my 20s, it paid off

And your drama queen reality shows that you watch don't do the same? Let he who is not sinned cast the first stone. You don't have any room to cast any stones The fact that you took offense to Ken calling out the BS of others who have put themselves in such idiotic situations just proves that you're just butthurt because you've done the exact same idiotic mistake and instead of owning up to it silently you want to lash out and try to sound important or smart. No one's here to be your therapist kid move on

If you treated me that way I would be your *ex* girlfriend

@@mistiinseattle Good, I'll chuckle and giggle at you, too, for being sloppy in the checkbook!!!😉

@kevinb8881 lol you have no idea what my checkbook looks like.

I agree. They have been taught something that is counter to the natural order and plan. There is NOTHING wrong with being single, but most young men and women would be better off (emotionally, mentally, financially, physically, etc) by being married to the RIGHT someone. People for the most part are not meant to go through this world just searching for happiness without a thought to forever, that is a first class ticket to misery for sure. Search for meaning and value and happiness will come (but most importantly JOY will come.) Of course, before any of that we have to acknowledge the LORD in all we do. This young lady seems miserable and that is sad. I hope things get better for her soon.