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Baby Boomers Are Overestimating Future Social Security Income ( www.bloomberg.com )

Baby boomers anticipate that 47% of pre-retirement earnings will be replaced by Social Security, according to results of an annual survey from the Nationwide Retirement Institute. But the reality for someone making what the Social Security Administration considers the average wage in recent years, about $60,000, is more like...

Blaze ,
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The archive.ph looks good, thanks for sharing

Blaze OP ,
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Feel free to react here or on !economics

Blaze OP ,
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Isn’t real estate affordability an important part of personal finances?

Blaze OP ,
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I’m going to be honest, I see where you come from, and how this is not textbook personal finance.

However, Lemmy is still in its very infancy, and I try to keep this community active. It’s not always easy to find content to post (most of the PF subreddit is usually questions from users), so here it is.

By the way, if you have any interesting content or question, feel free to post as well!

Blaze OP ,
@Blaze@discuss.tchncs.de avatar

A post from !frugal that might interest the community

Truck purchases are driving up the average cost of car payments. Some buyers pay over $1,000 a month ( www.nbcnews.com )

More than 1 in 4 car shoppers in Texas and Wyoming have committed to paying more than $1,000 a month, and experts say it is due to the high volume of large truck purchases in those states, according to a report by auto site Edmunds....

Blaze OP ,
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Seems like an interesting question for our community

Blaze OP ,
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I never did, because in Europe people don’t need to build a credit score, and it is usually advised to only use money you have.

Anecdotal evidence, but the only people I know that use them have a tendency to overspend.

Blaze OP ,
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Interesting, thanks

Blaze OP ,
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In Europe there is a Card Stop number you can use to block your card as soon as you noticed it’s stolen.

From the rest of the thread, it seems that US laws protect credit cards better than debit.

Blaze OP ,
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Spain. Interesting, I didn’t know you had credit scores in the UK

Blaze OP ,
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Interesting. So among people you know, most of the people would use credit cards rather than debit?

Blaze OP ,
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Interesting to see our experiences align

Blaze OP ,
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That would be nice!

Blaze OP ,
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That’s sad indeed, hopefully we’ll get such tools soon

Blaze OP ,
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Could you please open a thread in !community_requests explaining why you would like the become the moderator?

Blaze OP ,
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Great, thank you!

Blaze OP ,
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Good to know!

Blaze OP ,
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Congratulations! Seems like @pdxfed is willing to help, you might want to discuss with them.

From my short mod experience, it’s nice to have people to discuss moderation decisions with

Blaze OP ,
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It definitely is strange to see both sides of the coin at the same time

Blaze ,
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Great post, thank you!

Definitely interesting to me, I guess for others too!

Blaze ,
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Sounds great!

About the lack of comments, it’s the weekend, maybe more people will see this on Monday

Blaze OP , (edited )
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Alright, so here’s the catch: I was working for one entity of a group. I was reporting to the entity director, but the whole group was still owned (something like 55%) by a single person, with an egocentric personality, and that owner was vehemently against working from home.

I mentioned to the entity director that there was nothing he could change as the working from office policy was pushed by the group (he had mentioned that earlier to a lot of people, that we were not following “the group policy”). I did not have an HR exit interview where to report my issue with the WFH policy directly.

Just to give an example at how stubborn the owner was: it was okay for me to work in one office while every other person I was working with would be in a different one, but I wasn’t allowed to work from home. I would thus go every day from my hometown to that office, interact with no one, make a few calls with my team in the other office, and go back home.

To even add more context, one of my former reports who took my role left a few months afterwards as well, in his case the issue was the pay they were offering.

Long story short, this company was full of issues, and didn’t seem to bother to even ask for feedback. A lot of other people quit around the time I did.

Blaze OP ,
@Blaze@discuss.tchncs.de avatar

I answered in another comment above, long story short, they didn’t really ask me, it was not worth it to provide feedback if they weren’t going to take it into account

Blaze OP ,
@Blaze@discuss.tchncs.de avatar

I answered in another comment above, long story short, they didn’t really ask me, it was not worth it to provide feedback if they weren’t going to take it into account

Blaze OP ,
@Blaze@discuss.tchncs.de avatar

On my side, I am happy with my current salary.

When I started working, I was always looking for the next raise, because I felt like I was never making enough.

Now I feel like I have enough money to live a good life and save enough to feel safe, so pretty happy at the moment.

Blaze OP ,
@Blaze@discuss.tchncs.de avatar

I always feel like the tipping point is where you are starting to mostly consider other aspects (work-life balance, work load, colleagues, type of work) over pay.

For me that’s happening now, before I would mostly take the salary into account.

Blaze OP ,
@Blaze@discuss.tchncs.de avatar

Sorry to hear that. People in education has very bad pays in most of the world, and that’s a sad situation.

One interesting exception: Luxembourg. Teachers in Luxembourg are paid more than people in IT

Blaze OP ,
@Blaze@discuss.tchncs.de avatar

Thanks for sharing!

Would the community be ok with a GitHub wiki? I know sometimes non tech people find GitHub hard to use.

Wikijs was on my radar, www.getoutline.com as well.

But having to self host might a bit harder, except if we find volunteers in the community willing to do it

Blaze OP ,
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Ability for other users to edit it, mostly

Blaze OP ,
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The ideal way should be to have discrete access management: all mods can edit, members can suggest changes, then if a member is well-known he can get a special right to edit without mod approval, etc

This kind of access management would only be possible with an external solution for now

Blaze OP ,
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That can be an option. Once everyone has seen this thread, I’ll probably organize a vote to see what the community prefers (probably early next week)

Blaze OP ,
@Blaze@discuss.tchncs.de avatar

Interesting feedback, thanks for sharing.

About the mods, I’ll probably post something else at some point, as it seems the only current one hasn’t been connected for a while

Blaze OP ,
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The only mod on !personalfinance never posted, seems to be squatting communities, and there’s only one other post since mine about this one 4 days ago.

I would suggest to keep the community here, we seem to get a few answers in the comments, and lemmy.ml is federated with more instances than LW, which allows to leave the discussion drama aside.

Great to hear you are wanting an active PF community too!

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