/biz/ - Business & Finance

>>17709944
It's way more common than people realize and this is global mentality with boomers.

>Grandparents make +100k a year, which over here is a brain surgeon tier salary.
>They used to own multiple homes in the 90s.
>Lavish lifestyle ends up costing them their homes.
>Forced to become renters, still earn +100k though.
>Don't buy a home of their own, spend 1500€ a month on renting a way overpriced home that's too big for them
>Spend 800€ a month renting a warehouse where they store their furniture which they think is going to be their retirement savings. "Oh these are expensive, we'll sell these when we retire!"
>I checked their crap is worth max 5k. They've rented this warehouse for decades now costing them insane amount of money.
>Spend hundreds every week feeding birds
>Have saved zero euros.
>Start struggling with their work since they're now in their mid 70s and the income is going down. Soon they can't earn anything.
>Still too shortsighted to save anything.
>Somehow managed to get 30k of debt.

Boomers are fucking insane.
They have been making money all of their lives and haven't ever invested or saved a cent. Not a single fucking cent.
All because my grandmother got a taste of some supposed high class lifestyle and never wanted to let go of it.
She doesn't even know what high class is, but imagines it means buying a lot of useless shit.

Oh yeah and their weekly bird feeding money is more than what I or my bro have gotten from them during our entire lives.
Without a doubt these fuckers are soon going to be banging on our door demanding we take care of them, when their financial situation inevitably fucks them over in few short years.
Boomers are so disconnected with reality it's incomprehensible. Day of the Corona can't come fast enough.