Entitled generation? If so, millennials aren’t the first.
Posted On October 30, 2017
I have written many times in this space that millennials are not unique in being looked down upon as a generation by their elders. They’ve been labeled as entitled, lazy, self-absorbed. Their grandparents didn’t think much differently about their parents back in the day. Now bbc.com has been so kind as to substantiate this belief with proof – passages from newspapers, magazines and books of past generations filled with similar lamentations about the youth of their day. For instance: “Many were so pampered nowadays that they had forgotten there was such a thing as walking.” A Gen-Xer writing about millennials?… Read More
Categories: Uncategorized
Here’s looking at you, kid: Millennials shun classic films
Posted On October 19, 2017
Frankly my dear, millennials don’t give a damn. Not about classic movies, anyway. The New York Post recently cited an FYE.com survey that found that less than 25 percent of millennials surveyed had watched a movie from the 1940s or ‘50s from start to finish. Thirty percent said they’d never watched a black and white movie all the way through. Not Citizen Kane. Not Casablanca. Not It’s a Wonderful Life. Not even Gone With the Wind, which was actually made in color in 1939. What’s more, 20 percent of the millennials surveyed called such classic and/or black and white films… Read More
Categories: Generation Y / Millennials
I Don’t Want to Grow Up, I’m an iGen Kid
Posted On October 6, 2017
So it appears today’s teens are doing less. According to various studies and surveys, fewer of them are driving or working part-time jobs. Are they just lazy? Fewer of them are drinking, having sex or getting pregnant. Are they more responsible than previous generations at that age? In a recent piece for CNN, San Diego State psychology professor Jean Twenge proposes another theory: iGen is just taking longer to grow up. Twenge contends that how quickly teenagers grow up – or take more interest in doing things adults are supposed to do – is dependent upon what’s happening culturally at… Read More
Categories: iGen, Parenting
The good, the bad, and the … stay tuned!
Posted On October 2, 2017
This week the Federal Reserve released the 2016 Survey of Consumer Finances (SCF). The SCF is one of the largest (over 6,000 households were interviewed for the 2016 survey), comprehensive and representative surveys to track patterns of household spending, income, wealth and investment. Conducted every three years since 1989, the SCF provides analysts – including demographics geeks like us – a treasure trove of information. You might have already seen news stories documenting things like educational and geographic differences in income. One of the big questions being asked this time around is whether or not household wealth has recovered to… Read More
Categories: Financial Services, Generation X, Wealth