Keep my mouth shut?

[ramonesfreak]

If you had the answer already then why did you ask the question

[Por_sha911]

Originally Posted by Baz

Guess it shouldn't surprise me but some of the comments here are quite sad.

Maybe I'm just very fortunate to have had so many take the time to share their life philosophies with me during my youth.

Lend a little advice - without the judgement BS.

Something you might expect an adult to do.

Someone with a generous heart and remembers what it was like...you know.....not having all the answers

THANK YOU.
How about helping a fellow human being instead of being self centered? If he doesn't want to listen then 'shake the dust off your feet' and move on.

[look 171]

Originally Posted by Por_sha911

Many times, parents are telling junior the same thing at home but he doesn't listen until someone else says the same thing and junior realizes maybe dad might be onto something. The kid is indirectly related to a friend so a little good will to increase the class average isn't so terrible. Don't be pushy. DON'T use his job to pressure him! If he has to be let go, he'll claim it was because he didn't take your advice. Just be a friend to someone who needs a little wisdom from age.

This is so true. I always though my father knew nothing but by the time I turned 24-25, I often wonder how he accumulated all that knowledge or wisdom in a short 5-6 years. Oh no, I would never use the job to pressure him. His money, his life. I jsut wish he can channel all the complaining energy toward something positive. He will go a long way.

[Baz]

Originally Posted by ramonesfreak

If you had the answer already then why did you ask the question

Whatever the reason......I'm glad he did. I enjoy Jeff's threads and posts.

Family man who works his butt off - always willing to offer advice to others.

Makes the forum a better place.

Just like you, RF!

[LEAKYSEALS951]

You have a Tommy on your hands.

My hazing advice is to precipitate a response as to how well he will respond to actual advice.

[look 171]

Originally Posted by ramonesfreak

If you had the answer already then why did you ask the question

Those other guys I liked, were hard working and took care of the company's needs in our early days but they lack "money" knowledge. I got the two of them to start with simple investment. Now one of them is doing rather well with the stock market. A lot better then me that's for sure. I will gift my company and my clients to him in a few years and wish him well.

Not sure if its my place to say anything still, but I am different and were taught from a very young ago to respect the elders so I always listen, agree or not. I have always welcome advice coming those who are successful (anyone with a decent job, and family and not some alcoholic, beat up old dude). Again, I am still not sure if I will say anything judging from my friend's relationship and judgement of his father, I am sure the dad would appreciate it if someone beside him say something to introduce a dose of reality to his boy.

[gregpark]

My own grandkids thought they knew more than me. They're 20 and 19 now so they're starting to see the light now. I believe the sense of entitlement with youngins is mostly an American thing. It's our societies fault. The American dream of owning your own home is much more difficult to achieve these days no doubt, but with determination it can still happen if you're determined enough. A lot of young people give up and turn to drugs unfortunately. Hopefully this kid will get a clue and not become a statistic

[ramonesfreak]

Originally Posted by look 171

Those other guys I liked, were hard working and took care of the company's needs in our early days but they lack "money" knowledge. I got the two of them to start with simple investment. Now one of them is doing rather well with the stock market. A lot better than me that's for sure. I will gift my company and my clients to him in a few years and wish him well.

Not sure if its my place to say anything still, but I am different and were taught from a very young ago to respect the elders so I always listen, agree or not. I have always welcome advice coming those who are successful (anyone with a decent job, and family and not some alcoholic, beat up old dude). Again, I am still not sure if I will say anything judging from my friend's relationship and judgement of his father, I am sure the dad would appreciate it if someone beside him say something to introduce a dose of reality to his boy.

I might print his out and put it in with is paycheck

[Tobra]

Baz is pretty smart for a guy with 37 Honda Interceptors

[KFC911]

Originally Posted by ramonesfreak

....

I will say Baz, your the nicest guy on the internet and I admire that

I don't get out into Al's 'net all that much ... but Baz sure has PPOT covered

If "the kid" is receptive to what you might have to say .... offer it as free advice .... .02 worth of experience.

Hey Kid .... "I did ..... "blah, blah, blah, blah ...."

Don't be like me

If he don't wanna hear it .... then just save yer breath and shaddup ...

Kidz

[KFC911]

Originally Posted by Tobra

Baz is pretty smart for a guy with 37 Honda Interceptors

LOL .... I'm waiting for that thread to become a permanent "sticky" .... but it stays at the top already !

[tdw28210]

Originally Posted by berettafan

He's right about affordability and if you asked me what the biggest immediate domestic threat to the American dream is right at this moment i'd say corporate ownership of housing. Perhaps not exactly what he's *****ing about but who knows.

So as i sit here after 51 years of life, all of the professional years spent in accounting/tax work, I'd say what this kid would benefit from is pointing out the wasteful spending and how it adds up. He would also benefit from being pulled aside and taught some empathy for his coworkers who are probably older and see a college degree as something for rich kids. And of course he should understand no employer wants employees who constantly complain regardless of subject. Teach him the rule of 72 and show him some examples on an investment calculator. That's what todays kids are missing.

Don't believe the current freak out over residential RE. "Institutional" investors (entities with 1000+ homes) own less than 1% of the overall US single family home stock (Atlanta is the highest city/region at 4.4%). And no, I'm not a landlord nor do I own RE stocks. The real culprit is lack of supply due to the '08/'09 RE melt down. The 2010's had the lowest number of new housing starts in any decade since the 1960's.

https://www.resiclubanalytics.com/p/regional-housing-market-epicenter-institutional-home-buying

[Norm K]

Originally Posted by Por_sha911

Many times, parents are telling junior the same thing at home but he doesn't listen until someone else says the same thing and junior realizes maybe dad might be onto something.

I've done a lot of coaching over the years and, as would be expected, know a lot of other coaches. Almost without exception, it is agreed that coaching your own child is a far greater challenge than coaching other kids. Those who haven't coached - and coached their own kids - might not fully understand the positive influence that non-family mentors can have.

I've found that it's no different in life outside of sports, as I've also managed and mentored many young men (and, yes, some women).

_

[Tervuren]

I'd approach it first not picking on any existing habits but perhaps first teaching the meaning of this saying.

"A penny saved is worth ??% more than a penny earned for a penny earned is taxed".(You'll have a better idea of what number to put in for taxes.)


There's a lot that could be said from that, but I'd keep it simple for starters.

[WPOZZZ]

Originally Posted by Eric 951

He's making 22 bucks an hour. At the end of the day, just pull him aside and ask him to add up the costs of everything he purchased that day --morning coffee, snacks, lunch, afternoon coffee, --whatever that cost comes out to be - say 40--50 bucks, tell him he essentially worked (2) hours that day for free. The lightbulb may go off.

Nah, leave him be. He won't learn until it is too late.

[HardDrive]

This. I think you gently point that out without hurting his feelings.

Originally Posted by Eric 951

He's making 22 bucks an hour. At the end of the day, just pull him aside and ask him to add up the costs of everything he purchased that day --morning coffee, snacks, lunch, afternoon coffee, --whatever that cost comes out to be - say 40--50 bucks, tell him he essentially worked (2) hours that day for free. The lightbulb may go off.

[jhynesrockmtn]

I have a long term friend. I'm 61 and we've known each other since the 3rd grade. His budget has always been based on "can I afford the payment". He's asked my advice exactly 1 time and did the opposite of what I told him. He's the type of guy who buys an almost brand new Audi all electric SUV and then dumps it 6 months later because he's figured out the repair costs on Audi's are high.

Maybe this kids parents are a financial wreck. I'd pull him aside and bring up the issues you've addressed. Do it once. He can take it in and maybe make some changes or not.

[911 Rod]

You do realize that he is entitled to the drinks and food right?