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Millennial complains he can't survive on $300K income

Many Baby Boomers lived on tight budgets when they were raising their own families and wouldn’t have dreamed of spending large amounts of money on takeaway coffees or personal trainers. In fact, the Boomer generation proudly survived by making the most of what they had. Leftover food wasn’t thrown away and a slight tear in a pair of pants didn’t mean rushing down to the department store for a new designer pair of slacks, but instead pulling out the sewing machine or needle and threat and resewing it at home. In fact, if a Boomer was earning $300,000 in 1970, it would be the equivalent to $3.4 million in today’s money, when inflation rate is considered.

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