this post was submitted on 13 Feb 2024
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Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

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Employers demonstrated their infidelity to their staff by paying loyal workers, on average, 7% less than new hires — 20 years ago, salaries were largely the same between new and longtime employees.

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[–] The_v@lemmy.world 4 points 7 months ago (1 children)

Facetious argument. Try asking what I included in my estimates.

Look up a basic midrange plan on a major carrier plus data, $45 with taxes & a cost average for $500 phone across 3 years ($13.88). Comes to around $60.

As for the car, without asking what type of vehicle I was pricing out and the loan terms you have no clue. Think midrange with 700 credit score (recent college grad without any credit history to speak of). I was at 11.5% interest, on my first vehicle and a 8.5K loan over 5 years = $186.75 payment. Average price of a midrange low mileage vehicle today of the same quality is around $27K (looking to buy one for my teenager). With an 8.5% interest rate 5 year loan that comes to.... $553.95 per month...

Your 45K car for around 600 indicates your loan is around 41K and you decided to take a longer than 60 month terms. Likely an 84 month term ($613.80/month) at 6.75% interest for 790+ credit. Which was not even offered 20+ years ago because it's a stupid thing to do. A 41K loan at 60 months would be $841.18 at 8.5% interest rate FYI.

[–] Blackhole@sh.itjust.works -3 points 7 months ago (1 children)

Lol, ok bud. I can tell you're not interested in a good faith conversation.

[–] The_v@lemmy.world 3 points 7 months ago (1 children)

Got nothin huh... What a lame attempt to save face using an ad hominem attack.

Yawn.... Boring.

[–] Blackhole@sh.itjust.works -2 points 7 months ago (1 children)

I'm just not interested in arguing on the internet. A conversation is fine, that's clearly not what you want.

[–] Knoxvomica@lemmy.ca 1 points 7 months ago

Eww, yeah you're definitely not looking for a "Conversation". No one who says that is ever just truthfully looking for a conversation. You're looking for conflict.