Millennials compared to your generation
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TheRoadDog wrote: »Aside from the technological issues, which makes Millennials more likely to have their noses in their phones and always taking selfies, tweeting, instagramming and texting, I think Millennials feel they are more entitled and don't have to work their way up to a level of comfort that they had at home.
I moved out in 1972, joined the Marines and when I got out 4 years later and got my own apartment, I worked 60+ hours a week. My home was furnished with a bean bag chair, a mattress on the floor, shelving for my stereo on cinder blocks and bricks. I had a hand-me-down TV that my Grandma gave me.
When my daughters moved out, they all had big-screen TV's, new cars, fully furnished apartments, the latest cell phones (which they exchange every time the next generation comes out).
I think the biggest reason that they can affect this step up in comfort is credit. I had no access to credit cards when I was their age, so I had to save up for everything and pay in full. Credit Companies are shoving credit down Millennial's throats now. It's a shame.
Actually Millennials are significantly less likely to use credit cards or buy things on credit. I'm a Millennial (30 years old) and I almost never purchase anything on credit. The only reason I was able to buy a house with almost no credit history was because I made a 60% down payment.
It's not just me either, this is a measurable trend:
http://money.cnn.com/2017/10/09/pf/millennials-credit-cards/index.html
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denversillygoose wrote: »My generation was never consistently shat on the way millenials are.
If you are Gen X I totally disagree. Where Gen X was disillusioned, Millenials weren't, because to be disillusioned, you had to have had expectations in the first place.
Gen X grew up more idealistic, thinking that our lives would be like our parents in terms of jobs, the economy, marriage, religion, education, etc, and almost none of those resemble anything that we expected in the 1970s and 80s. That is why the music of our 20s was Grunge, a sort of colorless, dark, angry lashing out against what we realized life would actually be like in the 1990s and beyond.
I believe that Millenials have had a more somber outlook which wasn't really brightened by boy bands, participation trophies, and cool electronics, and that is why being a Youtuber or a dot-com billionaire is so appealing, it is winning the lottery, rather than working some crappy service job for minimum wage and paying off 6 figure student loans while living in a cheap apartment and driving a beat-up Honda Civic.4 -
Bry_Lander wrote: »
If you are Gen X I totally disagree. Where Gen X was disillusioned, Millenials weren't, because to be disillusioned, you had to have had expectations in the first place.
Gen X grew up more idealistic, thinking that our lives would be like our parents in terms of jobs, the economy, marriage, religion, education, etc, and almost none of those resemble anything that we expected in the 1970s and 80s. That is why the music of our 20s was Grunge, a sort of colorless, dark, angry lashing out against what we realized life would actually be like in the 1990s and beyond.
I believe that Millenials have had a more somber outlook which wasn't really brightened by boy bands, participation trophies, and cool electronics, and that is why being a Youtuber or a dot-com billionaire is so appealing, it is winning the lottery, rather than working some crappy service job for minimum wage and paying off 6 figure student loans while living in a cheap apartment and driving a beat-up Honda Civic.
Yeah for people my age (30) our outlook is very much colored by the Great Recession so we have low expectations and don't trust most promises of future prosperity "if you only do a, b, c and follow the rules." We know that things that were once considered "guarantees" like long-term stock investments or Social Security are actually not guarantees at all and are in fact quite unreliable. I'm planning for retirement with the guiding assumption that I will receive zero income from Social Security.
We also know that automation is a looming threat to long-term job security in almost every field and so we try very hard to stay one step ahead of the game when it comes to jobs - this is why "employer loyalty" is a thing of the past.
The sense of insecurity has an odd double effect of leading to both "YOLO culture" (because people want to have fun now just in case the bottom falls out tomorrow and the economy crashes) and to increased financial restraint.
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Never mind0
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Gen X-er here. I get annoyed when people bash on millennials as if they there is something innately superior about themselves and their generation. The perceived weaknesses (and strengths) of millennials are mostly products of the culture and events.2
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TeacupsAndToning wrote: »denversillygoose wrote: »My generation was never consistently shat on the way millenials are.
It's all those gen x-ers being on their damn computers and smartphones!
And some of us baby boomers to, guilty!!1 -
traynortransportation wrote: »TeacupsAndToning wrote: »denversillygoose wrote: »My generation was never consistently shat on the way millenials are.
It's all those gen x-ers being on their damn computers and smartphones!
And some of us baby boomers to, guilty!!
Growing up I rarely saw my dad and grandfathers' faces at the breakfast/dinner table because they were buried in a newspaper. My grandfather also spent a lot of time whittling nothing in particular, just cutting chunks off of a piece of wood until there was nothing but a pile of shavings. I'm not sure how staring at a newspaper or magazine (or aimless whittling) in the old days is preferable to staring at a screen today.4 -
Bry_Lander wrote: »denversillygoose wrote: »My generation was never consistently shat on the way millenials are.
If you are Gen X I totally disagree. Where Gen X was disillusioned, Millenials weren't, because to be disillusioned, you had to have had expectations in the first place.
Gen X grew up more idealistic, thinking that our lives would be like our parents in terms of jobs, the economy, marriage, religion, education, etc, and almost none of those resemble anything that we expected in the 1970s and 80s. That is why the music of our 20s was Grunge, a sort of colorless, dark, angry lashing out against what we realized life would actually be like in the 1990s and beyond.
I believe that Millenials have had a more somber outlook which wasn't really brightened by boy bands, participation trophies, and cool electronics, and that is why being a Youtuber or a dot-com billionaire is so appealing, it is winning the lottery, rather than working some crappy service job for minimum wage and paying off 6 figure student loans while living in a cheap apartment and driving a beat-up Honda Civic.
Oh but we had boybands!1 -
What is a millennial?
Demographers and researchers typically use the early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years.
I'm not sure some of you know you are millennials if this is true.3 -
They know who they are and aren’t afraid to assert their identities and demand recognition. I find that admirable. A generalization, of course, but I work with a lot of millennials. They’re smarter about a lot of things people in older generations took much, much longer to understand.2
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cbohling1987 wrote: »TheRoadDog wrote: »Aside from the technological issues, which makes Millennials more likely to have their noses in their phones and always taking selfies, tweeting, instagramming and texting, I think Millennials feel they are more entitled and don't have to work their way up to a level of comfort that they had at home.
I moved out in 1972, joined the Marines and when I got out 4 years later and got my own apartment, I worked 60+ hours a week. My home was furnished with a bean bag chair, a mattress on the floor, shelving for my stereo on cinder blocks and bricks. I had a hand-me-down TV that my Grandma gave me.
When my daughters moved out, they all had big-screen TV's, new cars, fully furnished apartments, the latest cell phones (which they exchange every time the next generation comes out).
I think the biggest reason that they can affect this step up in comfort is credit. I had no access to credit cards when I was their age, so I had to save up for everything and pay in full. Credit Companies are shoving credit down Millennial's throats now. It's a shame.
Actually Millennials are significantly less likely to use credit cards or buy things on credit. I'm a Millennial (30 years old) and I almost never purchase anything on credit. The only reason I was able to buy a house with almost no credit history was because I made a 60% down payment.
It's not just me either, this is a measurable trend:
http://money.cnn.com/2017/10/09/pf/millennials-credit-cards/index.html
This is my experience as well. Hubs refused to get a credit card for a long time, I have one and use it for everything, but that's because why not take advantage of getting 2% back on my life. I pay it off every month so I am not spending money I don't have with it.
In my experience the credit millennials seem to struggle with the worst is student loans. I suspect there will basically be some sort of collapse in the higher educational system in America in the next few years.0 -
What is a millennial?
Demographers and researchers typically use the early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years.
I'm not sure some of you know you are millennials if this is true.
yeah, its a much wider net than most people realize. People tend to only think of current college students as millennials, but most of us have been in the workforce for 10 years or so0 -
I flirt by recording ten minute asmr videos and sending it to people to help them sleep and i was told this is veeeery millenial of me1
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MeeseeksAndDestroy wrote: »
If they liked me then they shoulda put a ring on me.3 -
MeeseeksAndDestroy wrote: »eccomi_qui wrote: »I flirt by recording ten minute asmr videos and sending it to people to help them sleep and i was told this is veeeery millenial of me
What is an asmr video?https://www.youtube.com/watch?v=Kb27NHO_ubg
This video makes me laugh1 -
MeeseeksAndDestroy wrote: »
and no more upward movement, if a manager leaves they don't move up a good worker drone, they hire from the outside. So you gotta be the outside person3
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