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Simple question to publish By Reddit user in R/Millennials hit a tendon with thousands: “Are there really people with our time 100 thousand dollars wandering on vanity projects?”
The post, which referred to expensive improvements at home such as Reuse the kitchen And the additions of the room, and soon swollen into a huge thread with more than 2000 UPVotes and 1500 reviews. It turns out, there is no single answer to everyone.
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It was one of the most simplely common responses: Do it yourself.
“I work myself for 90 % of the project,” read one of the best comments. “Things are still expensive, but they are not expensive.
Others chanted this feeling, saying they or their wives deal with most of the labor. For many, DIY is not just a clip but a necessity.
“My husband has completely returned our bathroom for $ 4,000. We (we with double income, not family children), and this helps. Frankly, although I was not married to him, I am still hired.”
One of the people noticed, “My family is mostly construction workers, truck drivers, and factory workers. I am a university professor. In return (for large projects), I arrange for lawyers, find doctors, contact insurance companies, tax performance and paper analysis devices. They got their skills, got a mine, and we cover each other.”
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Beyond the grease of elbow, was the largest sources of funding mentioned Home shares loansand Credit lines for the homeAnd Savings. Those who bought homes before high prices often have hundreds of thousands of stocks.
“we Reinover When the rates were low in 2021 and took some additional, ”one of the users made it clear. They used Heloc to do their home renovations.
Others indicated that strong income makes a difference.
One person wrote, “My friend’s husband wipes $ 500 a year … They have extensive renovations … they are all paid in cash.” Another added, “We achieve about 400 thousand dollars. 50 thousand dollars are both and not a large number. We are putting the yard cover room this year for 48 thousand, and part of me believes that this is a lot for the sun room that lasted 3 season, and part of me is only ignored.”
Some depend on bonuses, stock options or side vehicles. Others slowly save, and cut on the projects one piece at one time.
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Many were quick to highlight how to change the family’s wealth or support the equation.
“My friend bought a house in northern Kali. I paid his mother, who paid the ceiling price to reshape it ($ 20,000). A family member paid the HVAC price.
And yes, many people finance their projects. “Religion. The answer is usually debt,” a user answered frankly.
Some have emphasized how misleading online posts. “Be careful not to compare yourself to it,” he advised a user. “You just see what they want to see.”
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This article Are there really people in our time who have $ 100,000 lying around? Millennium generation question about the renovations of vanity house raises sudden responses Originally Benzinga.com
