this post was submitted on 08 Apr 2025
1267 points (98.2% liked)
memes
14222 readers
3280 users here now
Community rules
1. Be civil
No trolling, bigotry or other insulting / annoying behaviour
2. No politics
This is non-politics community. For political memes please go to [email protected]
3. No recent reposts
Check for reposts when posting a meme, you can only repost after 1 month
4. No bots
No bots without the express approval of the mods or the admins
5. No Spam/Ads
No advertisements or spam. This is an instance rule and the only way to live.
A collection of some classic Lemmy memes for your enjoyment
Sister communities
- [email protected] : Star Trek memes, chat and shitposts
- [email protected] : Lemmy Shitposts, anything and everything goes.
- [email protected] : Linux themed memes
- [email protected] : for those who love comic stories.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Some of us millennials have been extraordinarily lucky.
I'm an old millennial but I avoided any personal impact from the 2001 recession by being in college, on financial aid.
Then the 2008 recession didn't hit me very hard because I wasn't a homeowner was a single childless dude who was flexible enough to just up and move wherever there was a job, across the country if necessary. I had a different job in a different state each year from 2008 through 2011, taking big raises with each move, then eventually back to school.
Then the 2020 recession didn't hit me very hard because my wife and I both had counter-cyclical jobs (I tend to be busier when businesses are failing) and already owned a home, allowing us to bypass much of the inflation of the post-2020 period with a fixed rate mortgage we had refinanced to below 3% in 2021.
Now, the 2025 recession is probably gonna hit us hard. But I've basically escaped the last 3, so maybe I'm due.
I feel the same way. Im 1 phase removed, but have been very lucky in dodging them too.
01 i was in high school, 08 i was in college with minimal expenses. I was paying $975 per quarter for room and board including 9 prepare meals a week and had enough school ships that my quarterly tuition was also under $1000, coupled with an engineering coop 1/2 the year, i came out financially ahead.
Covid i was a salaried essential worker who had to work 3 days a week but still got paid full salary. That made the lack of available child care bearable. I also had a house that i purchased with 3.25% mortgage.
This next one im feeling already. I moved for my wifes job this year, so that new mortgage rate sucks