It also sucks for those on the wrong side of the cycle. I reached adulthood right at the start of a bust, worked my ass off but accumulated random debt (car died, cancer, etc). The good times came and I could finally catch up! Worked my ass off finally paid off all my debts, had just started to save up some money - and the economy crashed again. It’s not even that I get good times alternating with bad times; I get bad times alternating with really bad times, simply because of the year I reached adulthood :(
Have you tried reaching adulthood at a better time or being born to rich parents? According to the folks a generation or more above me, that was my mistake.
You and me both, I graduated into a recession, held it together by getting into graduate school to pay the bills (research schools give stipends) only to graduate AGAIN into a fucking recession. I did work some black magic on my debt, though, so at least we leveled off during the Biden years.
It also sucks for those on the wrong side of the cycle. I reached adulthood right at the start of a bust, worked my ass off but accumulated random debt (car died, cancer, etc). The good times came and I could finally catch up! Worked my ass off finally paid off all my debts, had just started to save up some money - and the economy crashed again. It’s not even that I get good times alternating with bad times; I get bad times alternating with really bad times, simply because of the year I reached adulthood :(
Have you tried reaching adulthood at a better time or being born to rich parents? According to the folks a generation or more above me, that was my mistake.
You and me both, I graduated into a recession, held it together by getting into graduate school to pay the bills (research schools give stipends) only to graduate AGAIN into a fucking recession. I did work some black magic on my debt, though, so at least we leveled off during the Biden years.