this post was submitted on 26 Aug 2024
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[โ€“] BugleFingers@lemmy.world 6 points 2 months ago (2 children)

One parent had a growing business when I was super young, they brought home well into the 6 figures. However two things happened 1: the internet started getting bigger so that started to hurt their business and 2: the 2008 housing crash happened and for a business that worked with banks on mortgages (I was too young to fully understand what the business did) it was fatal. Then we were dirt poor! The family never really recovered but after many years we did manage to get on our feet, then a parent died and shit went down hill again lmao.

I could've grown up a rich kid, instead I grew up with a family oats pot for meals. Though I'm probably a healthier grounded human for it.

[โ€“] FlashMobOfOne@lemmy.world 9 points 2 months ago (1 children)

2: the 2008 housing crash happened

My dad's 50 year-old roofing business never fully recovered either, which is partly why I hate our government and how it works for the wealthy.

He now drives for DoorDash, at age 80, using my car. The alternative is starvation.

[โ€“] BugleFingers@lemmy.world 9 points 2 months ago (1 children)

Well, isn't it exciting? We may just witness a second crash! /S

But for real, it's getting really bad again, it doesn't seem sustainable and I honestly expected something to crack by now, but it hasn't. The longer it gets delayed the worse it's gonna be

[โ€“] FlashMobOfOne@lemmy.world 3 points 2 months ago (1 children)

There will be, no doubt.

The thing with crypto is to just add small amounts over time, so when those spikes happen you can take advantage. It's pointless to try and time it.

[โ€“] BugleFingers@lemmy.world 4 points 2 months ago (1 children)

I was talking about the housing climate, but crypto is fairly volitle too so I wouldn't be surprised

[โ€“] FlashMobOfOne@lemmy.world 2 points 2 months ago

Ah, yeah. Thanks for clarifying.

[โ€“] Bocky@lemmy.world 0 points 2 months ago (1 children)

There has to be more to the story than that. Your parents probably didnโ€™t disclose to you the other hardships they faced, whether they were self induced or not

[โ€“] BugleFingers@lemmy.world 5 points 2 months ago

Oh there definitely was as far as why the business went down, I just clipped it. But it caused one side of my family to be permanently removed from our lives as well. Though the increased stressors of the crash also aided in that whole deal