8 ms·
> “I feel like the older generation is constantly pushing you to do stuff like they did when they were in their 20s, but it’s not even comparable to when they w
by lkbm 4y ago
> “I feel like the older generation is constantly pushing you to do stuff like they did when they were in their 20s, but it’s not even comparable to when they were in their 20s,”
To be clear, much of the older generation didn't do this in their early 20. It's been a building concern for many decades.
And they've been lectured about it forever, same as 20-somethings are today. It's not clear what "older generation" here here, but Millennials and Gen-X got stuff like SNL's 2006: "Don’t Buy Stuff You Cannot Afford" https://www.youtube.com/watch?v=R3ZJKN_5M44 https://www.youtube.com/watch?v=R3ZJKN_5M44
This isn't "Gen Z is poor; Boomers/Gen X/Millennials were rich". This is "I'm poor, and know some older people who aren't". There's no shortage of people in their twenties making well into six figures.
> Ms. German-Tanner said 20-somethings were often encouraged to take financial steps like build emergency funds, save for retirement and pay off debt.
Well...yeah. It's good advice. It might be hard, but it's been hard for a sizeable chunk of the population for many, many decades. That's why there's constant push for it—without this emphasis, people just borrow and spend. True in the 70s, true in the 90s, and true today.
- deleted 4y ago[deleted]