Numbers Wizard, CPA

Accountant by trade, analyst by passion.
A Gen Z's perspective on money, policy, and economics.

[Numbers Wizard, CPA @Accountant479]

@audrawrongspeak If the American family average is 2 kids, 1 boy 1 girl, they get their own room regardless once they hit a certain age. Enough families do that, it becomes a societal norm.

[Numbers Wizard, CPA @Accountant479]

@MmisterNobody If you're in a major area, almost certainly. A small starter home that's 1000-1200 sq ft would be $5200+ mortgage with 10% down. My apartment might only be 800 sq ft but it's $2600 and has a garage and full gym included in that. Northern VA

[Numbers Wizard, CPA @Accountant479]

@AndrewCFollett My husband's parents don't outright call him lazy but they do make comments every visit about how he must not be working hard/saving enough since we can't buy a home right now. He makes more money at 28 than his dad ever did in a year, and has gotten 3 promotions in 5 years. 🤐

[Numbers Wizard, CPA @Accountant479]

@marcportermagee Remote & hybrid work options becoming far more prevalent during covid contributed to this for sure. In general families were not previously considering having to have a separate work area/quiet space for calls, etc.

[Numbers Wizard, CPA @Accountant479]

@themoviedadsc I think at least part of what it is, is if that hardworking kid's siblings are not, they don't want to have to give "fair and equal" amounts to those kids, so better to give none at all. The boomer mentality of "fair and equal portions" runs very deep.

[egg @egreghost]

Honestly I am more pessimistic than I ought to be because of the housing market. Life would be so charmed if it weren’t for that.

Nothing will make me feel better about saving up a hundred thousand dollars for the conventional loan down payment on a typical suburban home.

[Numbers Wizard, CPA @Accountant479]

@Kittenfish817 My roommate got engaged to her bf after a year. One night she came in, didn't realize I was home, and was on speaker phone with a friend, detailing how she planned to move him into the apartment AFTER the wedding!! When I confronted her, she was confused why I cared so much 😒

[Paul @WomanDefiner]

What bothers people isn't your advice, its that you give that advice only to paper over the fact the country is fundamentally a worse place and continues to get worse.

No Amount of frugal living stops AI from destroying jobs.
No Amount of frugal living removes the 200 million immigrants.
No Amount of frugal living stops Muslim enclaves from forming.

That's the problem.

[Numbers Wizard, CPA @Accountant479]

@SlumRNA_Dog Now imagine these two being father and son. Absolutely causing spikes
in family dysfunction rates

[Pub @PubWanghaf]

The ability of the Boomer to both berate the younger generation for spending more than $2 on lunch while in the same breath refusing to take ownership for hyperinflation is why people despise them with everything they have

[Numbers Wizard, CPA @Accountant479]

@UtahFlatRanger Dont forget 20% down in this scenario is 70k. Plus an extra 10-15k for closing costs, inspection, etc. Essentially need the median HHI available in liquid cash to buy a 350k house

[Numbers Wizard, CPA @Accountant479]

@TallRomanStatue Louder for those with their heads in the sand 👏👏👏

[Numbers Wizard, CPA @Accountant479]

@chriswithans The only time I've ever paid more than $12-15 for a lunch is if my company card is getting used.

[Numbers Wizard, CPA @Accountant479]

@bradtherambler Also, I can't get over how many people shop at Aldi. Like idk what yours look like, but the one in my old town was absolutely disgusting and so much of the food is processed junk. Like I get there are hidden gems, but I haven't found them so far.

[Numbers Wizard, CPA @Accountant479]

@RoaringHammy If you don't own a home, absolutely. If you do but bought post 2021, it would definitely be tougher.

[Numbers Wizard, CPA @Accountant479]

@martianwyrdlord Lots of small towns in the Deep South. But I'd reframe the question as "where are the 230k homes that don't also need 30-80k of necessary home repairs immediately"? New roof, mold remediation, appliances, compliant electrical.... that adds up and isn't stuff that can be put off.

[Numbers Wizard, CPA @Accountant479]

@bradtherambler Also, I can't get over how many people shop at Aldi. Like idk what yours look like, but the one in my old town was absolutely disgusting and so much of the food is processed junk. Like I get there are hidden gems, but I haven't found them so far.

[Numbers Wizard, CPA @Accountant479]

@ClTYOFMON Definitely not lol. I made 55k in 2020 - brought home about 2850/month post taxes & insurance.

[Numbers Wizard, CPA @Accountant479]

@StealthQE4 Same girl who 3 posts back on her account is vacationing in the French Riviera 🙄