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As the article points out, a phone and data plan cost as much per month as a car payment. Perhaps, just perhaps, millennials simply don't have enough money to a
by TomMasz 10y ago
As the article points out, a phone and data plan cost as much per month as a car payment. Perhaps, just perhaps, millennials simply don't have enough money to afford the equivalent of two car payments a month.
- jessaustin 10y agoIt's been a long time since my monthly phone bill was more than $25, and I live in a rural area. Why don't people shop harder for this service?
- internaut 10y agoIf we actually were living in prosperity these kinds of articles just would not exist. It is all rationalizing. The fact is that young people are poor, and not just poor in the conventional way people with less time on the planet less savings, but poor in the historical sense of being less wealthy in real money than their parents when they were the same age. Somebody needs to explain to (most people outside places like Silicon Valley) why in an age supposedly advantaged by the forces of technology and globalization we are actually poorer. We're not asking the right questions. The government, the media and huge portions of the middle class are blithely ignoring the territory in favour of the map. This is not going to end well.