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Comments:
I have a PHD in Business and was a tenured Professor of Marketing, so I do well understand supply and demand. However, it is totally wrong to assume that women flooded the labor market in the 60s and 70s and obtained high paying jobs so that they could afford the luxuries you mention. The women, who entered the labor force in those decades were well educated, but their abilities were most often downplayed by male employers. The jobs we took were often low paying work for which we were overqualified that we hoped might lead to "something better." (My father who overheard what one employer offered me suggest that I respond with the statement that "I can't afford to give up my paper route.") It took years -- many times decades-- to gain grudging acceptance in most professions.
Post: How did it all work for us? Why not now?
Link to comment from September 26, 2024
Also to working women!! I was a university professor for over 30 years. During that time, our family lived in the same house we had bought when my husband was the sole earner. We had one car, which I drove 50 miles one way to work, and took no fancy, expensive vacations. So where my salary go? First to paying off my student loans, and then to assuring that our children graduated college debt free. Gross consumerism was not the primary reason I worked; rather,I worked for the satisfaction many men gain from employment.
Post: How did it all work for us? Why not now?
Link to comment from September 26, 2024
My husband and I both have Wisconsin state pension. No COLA. BUT as retirees, we do share in the investment results of the Employee Investment Fund. We both retired in 1975. Our pensions have more than kept up with inflation since then.
Post: Quinn ponders – Are you better off than you were four years ago?
Link to comment from September 19, 2024
I did exactly what you suggest. The kids loved getting the unexpected checks!
Post: Silver Coins
Link to comment from September 16, 2024
i know a 30 something who drives a leased Bentley. He doesn’t have health insurance!!!!
Post: Quinn is considering buying a Bentley 🤑
Link to comment from September 3, 2024
No, the son and daughter are the uncle and aunt— not the parents.
Post: Connor asks – How young is too young to receive an inheritance?
Link to comment from August 28, 2024
We appointed our son— who agreed to take on the responsibility — as trustee. Our daughter is a lawyer so can help with filing the yearly taxes etc. I agree an institutional trustee would be very pricey, but I do have concerns about a young person managing a considerable inheritance.
Post: Connor asks – How young is too young to receive an inheritance?
Link to comment from August 27, 2024
We opted for 40- but there is language that permits the trust to be tapped for living expenses, education, medical, first house. The trustee also has wide discretion, so could fund travel, business startup, etc.
Post: Connor asks – How young is too young to receive an inheritance?
Link to comment from August 26, 2024
The closest my husband gets to diy is calling the contractor whose number is saved on his phone!
Post: Women and men are different. Quinn’s in trouble again
Link to comment from August 19, 2024
i’m not sure this is a male vs female thing. My husband will take any excuse to visit Home Depot or a marine supply place. Always gets much more than he went for!
Post: Women and men are different. Quinn’s in trouble again
Link to comment from August 19, 2024