Parts Catalog Accessories Catalog How To Articles Tech Forums
Call Pelican Parts at 888-280-7799
Shopping Cart Cart | Project List | Order Status | Help



Go Back   PeachParts Mercedes-Benz Forum > General Discussions > Off-Topic Discussion

Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 01-18-2009, 03:04 PM
Hatterasguy's Avatar
Zero
 
Join Date: Nov 2002
Location: Milford, CT
Posts: 19,318
"Gold collar worker"

http://en.wikipedia.org/wiki/Gold-collar_worker

Low wage, luxury seeking
These are 18 to 25 year-old persons in a position to divert a significant portion of their earnings towards material luxuries. They typically have fewer than 2 years of post-high school education. Like their counterparts attending college, they are often employed as retail workers or in the hospitality industry, particularly food service as servers. Unlike college students, though, this group tends to have more disposable income than college students, who often pay high tuition costs, take on a number of financial loans, and often move away from their parents. A lack of financial obligations leaves young people in this situation with a higher enough level of discretionary/disposable income, which they use to finance luxury goods. Thus, the term also carries a connotation of immaturity, the extension of youth, and nurtered adolescence, as in the movie Failure to Launch, where a man still lives with his parents despite being well into his 30s and owning a business. In the UK the expression 'two-bob billionaire' is used, in that whilst one feels wealthy and hardworking one's status is in fact illusory.

The main challenge faced by gold-collar workers is the short-lived nature of their financial security. More often than not, these people marry and have children, and take on additional financial responsibilities such as mortgages and health insurance. With partial or no higher education, however, their job prospects could be viewed as narrow and fairly restricted.

“ These people are going to be cash-rich 19-year-olds and cash-poor 30-year-olds... If you're making 22 grand a year and not paying for college, you can earn enough disposable income to have an apartment and a car. But it tops out there. Job security is not good, and you end up in the lower middle class and working poor.


This describes a lot of people in my generation.

__________________
1999 SL500
1969 280SE
2023 Ram 1500
2007 Tiara 3200
Reply With Quote
  #2  
Old 01-18-2009, 03:09 PM
iwrock's Avatar
roflmonster
 
Join Date: Nov 2003
Location: Hella NorCal
Posts: 3,313
Quote:
Originally Posted by Hatterasguy View Post

This describes a lot of people in my generation.
Yes, yes it does.
__________________
-Justin

91 560 SEC AMG - other dogs dd
01 Honda S2000 - dogs dd
07 MB ML320 CDI - dd
16 Lexus IS250 - wifes dd

it's automatic.
Reply With Quote
  #3  
Old 01-18-2009, 03:58 PM
Banned
 
Join Date: May 2002
Location: Blue Point, NY
Posts: 25,396
Quote:
Originally Posted by Hatterasguy View Post
............they are often employed as retail workers or in the hospitality industry, particularly food service as servers.
...........so, didja quit that marina job yet.......??
Reply With Quote
  #4  
Old 01-18-2009, 04:02 PM
TheDon's Avatar
Ghost of Diesels Past
 
Join Date: Oct 2005
Posts: 13,285
I go to college and have a job that used to give me enough money for play. Now It doesnt, thats what parting out uber rare cars is for!
Reply With Quote
  #5  
Old 01-18-2009, 04:08 PM
Hatterasguy's Avatar
Zero
 
Join Date: Nov 2002
Location: Milford, CT
Posts: 19,318
Quote:
Originally Posted by Brian Carlton View Post
...........so, didja quit that marina job yet.......??
Years ago. But I go to school full time, so I just make it out of this catagory.

__________________
1999 SL500
1969 280SE
2023 Ram 1500
2007 Tiara 3200
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On




All times are GMT -4. The time now is 12:52 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2024 Pelican Parts, LLC - Posts may be archived for display on the Peach Parts or Pelican Parts Website -    DMCA Registered Agent Contact Page