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Younger people now even cutting back on essentials, as older Australians spend up on cruises and restaurants (www.abc.net.au)
submitted 1 year ago by WaterWaiver@aussie.zone to c/australia@aussie.zone
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[-] AFKBRBChocolate@lemmy.world 0 points 1 year ago

When I got married the first time, I was 22 and my parents were in their late 50s. Strangely, it was getting divorced four years later that helped me out because, even though it wiped out all my savings, I ended up living very cheaply as a single person and I was making good money (late 80s now, before wage stagnation was bad). By the time I got married again in 96, with a small amount of help from my parents (and because real estate crashed around then), I was able to afford a down payment for a reasonable mortgage.

this post was submitted on 21 Nov 2023
148 points (96.8% liked)

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