Good for you that you have outdone your parents!
It used to be the expectation where I live that children would do better than their parents did, and this was better known as part of "The American Dream". However, for most of us from "Generation X" forward, in terms of cost of living adjusted dollars, we are NOT doing better financially than our parents did. In some cases it is quite worse in fact. :(
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Currently, Maybe...
Mum doesn't work and dad gets not a lot of work, he's a builder.
I have benefits because of my disabilities, so I think we might be somewhere in the same ballpark regarding income, not that it really matters, we all contribute to getting things for the family.
No. My father is a psychlogist and mother a psychiatric nurse. I was never as intelligent as my parents so I couldn't match their salary 😬
I just recently surpassed my parents' highest net worth.
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Well, my father was making around 35k a year when he went into semi-retirement, but that was in the late 1980's. $40k in 1988 is almost $80k in 2020 dollars, which is a little more than I knock down. But then, workers' earning potential in Michigan has fallen a long ways since the rise of NAFTA and globalism.
Not yet but I hope to in the future... Or at least match what my dad made
No it will take me long time to earn as much as my parents. But, I hope so do it soon.
Definitely making more than my mom has ever made, probably close to what my dad did. Will have him beat by next year easily
Obviously not given that I’m a student. But starting wage in the field that I’m going in is indeed quite a bit higher than what my parents earn.
I’ve surpassed all of my family financially. Feels good to be able to give back to all of them.
More than my father
Less debt and a higher net worth than eitherI grew up poor so yes I am doing better then my parents did.
No, but my net worth is more. I invest more with a smaller amount. They only had a house and some GE stock.
Almost. My parents are challenging me to surpass them
I usually make 4x more than my mom and probably about equal or so with dad
Close to double and we were upper middle class so I am happy about that
Only due to inflation.
Yes I do.
Hell no
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