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Young Money – Beating “The Man” by Spending Less

unfinishedman.com

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Re: Young Money – Beating “The Man” by Spending Less

#2
Funny coming from unfinishedman.com, which is the blog people go to when they look at The Sharper Image and think "but what do you have that's REALLY frivolous?"

[1] http://www.unfinishedman.com/aviator-wing-desk-inspired-by-w... [2] http://www.unfinishedman.com/electric-hot-tub-boat-for-ultim... [3] http://www.unfinishedman.com/mercedes-benz-c63-amg-edition-5...

Re: Young Money – Beating “The Man” by Spending Less

#3
Seems like advice for a straw man. Author bases the whole diatribe on people he doesn't know around his college town. He presumes that everyone around him carrying gadgetry and nice clothes must be destroying themselves financially to do so, and can barely afford to eat.

While no doubt these people actually do exist, IMO author is really reaching here. This reads like "I'm starter than all these idiots".

Re: Young Money – Beating “The Man” by Spending Less

#4

Seems like advice for a straw man. Author bases the whole diatribe on people he doesn't know around his college town. He presumes that everyone around him carrying gadgetry and nice clothes must be destroying themselves financially to do so, and can barely afford to eat. While no doubt these people actually do exist, IMO author is really reaching here. This reads like "I'm starter than all these idiots".

While you're correct about not generalizing, the number of students who are in debt is enormous[1]. Everyone wants to be amazingly educated with all the latest awesome gadgets, and unfortunately, it really is causing a lot of problems for society. The author really is doing a good job for himself if he is saving up some money and getting out of debt.

We'll see how it goes...

[1] http://www.asa.org/policy/resources/stats/default.aspx

Re: Young Money – Beating “The Man” by Spending Less

#6
post #4

Seems like advice for a straw man. Author bases the whole diatribe on people he doesn't know around his college town. He presumes that everyone around him carrying gadgetry and nice clothes must be destroying themselves financially to do so, and can barely afford to eat. While no doubt these people actually do exist, IMO author is really reaching here. This reads like "I'm starter than all these idiots".

While you're correct about not generalizing, the number of students who are in debt is enormous[1]. Everyone wants to be amazingly educated with all the latest awesome gadgets, and unfortunately, it really is causing a lot of problems for society. The author really is doing a good job for himself if he is saving up some money and getting out of debt. We'll see how it goes... [1] http://www.asa.org/policy/resources/st…

I wonder if taking out a student loan puts people in a mindset where they are more willing to take on debt?

If you're already borrowing some thousands of $ for an education on the basis that you will "make it back when I graduate" what's a few more hundred $ for an iphone?

Re: Young Money – Beating “The Man” by Spending Less

#7
"Life is hard, and it’s most certainly unfair… perhaps more so for our generation than any previous."

Uhm, have you ever heard of World War II? I'm pretty sure the MacBook-toting hipsters you describe have a slightly easier life than those people had to serve in Vietnam or World War II.

Re: Young Money – Beating “The Man” by Spending Less

#8
post #4

Earlier quoted context omitted.

While you're correct about not generalizing, the number of students who are in debt is enormous[1]. Everyone wants to be amazingly educated with all the latest awesome gadgets, and unfortunately, it really is causing a lot of problems for society. The author really is doing a good job for himself if he is saving up some money and getting out of debt. We'll see how it goes... [1] http://www.asa.org/policy/resources/st…

I wonder if taking out a student loan puts people in a mindset where they are more willing to take on debt? If you're already borrowing some thousands of $ for an education on the basis that you will "make it back when I graduate" what's a few more hundred $ for an iphone?

That was my mindset when, after college, I got my first credit cards. What's another thousand bucks on top of 30k?

Re: Young Money – Beating “The Man” by Spending Less

#9
post #2

Funny coming from unfinishedman.com, which is the blog people go to when they look at The Sharper Image and think "but what do you have that's REALLY frivolous?" [1] http://www.unfinishedman.com/aviator-wing-desk-inspired-by-w... [2] http://www.unfinishedman.com/electric-hot-tub-boat-for-ultim... [3] http://www.unfinishedman.com/mercedes-benz-c63-amg-edition-5...

This is absolutely fair to point out. In many ways we try and act as "cool finders", and we do post a lot of hilariously expensive gear and gadgets, however... I think it's reasonable that people can still appreciate the tech without plunging themselves into debt trying to acquire it. These (admittedly) frivolous things could be an incentive, or something for people to look forward to for working smartly, if that's what makes them happy.

Re: Young Money – Beating “The Man” by Spending Less

#10
post #2

Funny coming from unfinishedman.com, which is the blog people go to when they look at The Sharper Image and think "but what do you have that's REALLY frivolous?" [1] http://www.unfinishedman.com/aviator-wing-desk-inspired-by-w... [2] http://www.unfinishedman.com/electric-hot-tub-boat-for-ultim... [3] http://www.unfinishedman.com/mercedes-benz-c63-amg-edition-5...

Plenty of irony on that site. I liked the ad for a $300 discount card disguised as another article. Promises to let you live like a "founder" by buying high priced crap from Bonobo at a discount. Very well targeted for the ycombinator crowd.

http://www.unfinishedman.com/founderscard-live-like-a-prince...

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