New Grads Chasing 'TikTok Lifestyles' Struggle In NYC As Rents Surge
New Grads Chasing 'TikTok Lifestyles' Struggle In NYC As Rents Surge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Many influencers who don't have credit lines with the 'bank of mom and dad' are embracing a 'do whatever it takes' altitude to live in the city and capture those TikTok-worthy moments. However, you won't ever see their struggles in their videos -- just a life of fake luxury.
"I worked so hard to get here, I didn't want to compromise on the life I wanted to live," said Phillips. She explained, "The cost of living here is an investment in myself. It sounds crazy to justify $25 cocktails, but being here opens doors for my career. That's worth the costs."
What this all suggests is that universities and colleges are failing to teach basic financial literacy to the younger generation, who blow all their money on maintaining some fake luxurious lifestyle on social media while, in real life, they struggle to make ends meet.
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I see a lot of people claiming that they need to live in some super Metro City just to advance their career. Frankly, it usually isn't true. First of all, most new grads moving to the big city are going to be one of a billion people available and so good luck with that. Going to a place with needs but a much smaller talent pool is more likely to result in you getting a job then a place with needs and a massive talent pool.
Then there's the fact that you'd be building your career in a place with an absolutely ungodly cost of living. Let's say that you do have a successful career. What's the point? You'll be in the top 1% of income, and barely making rent.
With working from home becoming more popular, there is even less reason for most to live in a city.
What can you say, people are entitled