Snowflakes, Millennials And Baby Boomers.

[Coppit]

Seeing this headline:-

More than half of millennials aged 25 to 35 claim to be suffering from a 'quarter-life crisis' over job and money woes

I thought it's about time I found out what age ranges / dates these terms refer to as I always assumed millennials referred to people born 2000 and after.

[vetuste_ennemi]

I think it means people who are "coming of age" in the new millennium, Coppit. So kids born in the eighties.

I sympathise with the millennials over their money and job woes, and even more especially the low chance most of them have of buying their own home.

It is normal decency (I won't use the word duty) for parents within their power to provide the best chance to their children of doing well, being happy and, in fact, having a better life than themselves.

I think we have failed them.

[1ozzy]

Snowflakes 16-24 yrs, 1996- 2002

Howe and Strauss define the Millennial cohort as consisting of individuals born between 1982 and 2004.

Seems to be an overlap, maybe some are "snowflake millennials ;-/

Baby boomers mid 1940 - 1965

Silent Generation refers to people who were born between 1925 and 1945.

[douglas9401]

I can offer some advice I brought with me from the '70s.

Stop buying aspirational useless electronic tat just because your friends and neighbours have it. Alexa and co are NOT cool or like, awesuummm.

There, that's some of your money problems sorted out.

[ummmm]

Alexa is pre-installed on some devices. She can be quite funny in her answers.

[Quoi]

//She can be quite funny in her answers. //
so can real people

[Garaman]

I completely agree with VE.

25 - 35 is the age when you should be establishing yourself in your work and securing your own home. That is harder now than it was when I was young, so we have left things worse than we found them.

[ummmm]

Absolutely. She was a novelty and 'we' were asking it stupid questions. I've never used it to ask proper questions.

If you buy a kindle 10 you get Alexa so young people are not necessarily wasting their money on such things.

£600/£700 for a phone though. That I don't understand.

[douglas9401]

When you say 'we' you mean 'they' I suppose.

The experts I mean.

[douglas9401]

Alexa is an example, ummmm, not the point, but you knew that and so this is likely to rumble on for a while.

Big tellys, man caves, long weekends in Praaaaaague, Prosecco on tap. All they need to do is get a grip for a couple of years and see how that works for them.

[ummmm]

I mean 'we' as in me and my partner. He said Alexa just as I walked in the room and said 'I've just kicked the cat in the face' (by accident, the cat jumped in front of me) and Alexa couldn't find anything about kicking cats in the face :-)

[NoMercy]

I don't understand why so many youngsters feel the need to drive around in brand new (no doubt leased) Audis, Minis, BMWs etc.

Flash iPhones and designer clothing are other ways to waste money which could be better used to build a secure future.

[anthro-nerd]

I'm 27, so I'm considered a 'millennial' and I work full time, volunteer with the homeless, have two little dogs. I currently rent with my other half whilst we save for a house of our own. The rental we have is much bigger than a house we could afford to buy, so we'll stay put for a few more years. Yes, we're going to Paris for a few days at the start of next month but why shouldn't we? We both work full time and have done for many, many, many years. And, travel now-a-days is a lot cheaper than it used to be, 4 days in Paris, with flights and accommodation costs £400, for both of us.

My car is on finance because the cost of repairing my old car was beginning to get a bit silly so it made financial sense to do so - instead of taking away the savings of my deposit for a house in order to get a car. I need a car to get to work, its not a luxury, its a necessity - and its a Ford KA, not a luxury car at all!

It is harder now to get on the property ladder than it was a few decades ago, only about 20% of my friends have bought houses. The rest are living at home and saving, or if circumstances don't allow (my mother is dead) then they're renting, like me, as where else would I go?!

We work hard, we save and we spend. If we didn't 'spend' then there would no doubt be problems with that as the economy would suffer. It's all about finding a balance, enjoying life, working hard and saving.

I'm by no means in a quarter life crisis.

[anthro-nerd]

Lol spath!!

Tell you what, I'll sell my car and walk to work, I'll need to rehome the dogs of course as they can't be left for that long. Then I'll ensure I only make a dinner consisting of a meat and two veg, that I can stretch to last at least 2 weeks. God forbid I order a takeaway.

I'll save every penny and never leave the house, after 3 years of this, I'll buy a house. I won't be depressed by my solitude of course because there's no such thing is there?

[-Talbot-]

Why on earth do people ask Alexander daft questions?

btw she doesn't work for the CIA

[ummmm]

Childish novelty.

[woofgang]

I would never criticise anyone over how they choose to spend the money that they have earned BUT I do see (In know I am a creaky whingy old pensioner) a tendency in some young people to think they can have everything and to be shocked when they can't. In the late 70's when we bought our first house and minimal furnishings, it cost us EVERYTHING. We had no holidays, no expensive purchases and so on until we had both had a couple of pay rises and there was some flexibility in the budget again...and our wedding was as home done as we could make it and again on a budget. For the honeymoon, we went camping...That wasn't just us, most of our friends were in the same boat.

[Cloverjo]

My son was born in 1991 and is a 'millennial'. He is struggling to save enough to get a house despite having a good job.
But then, I couldn't have hoped to get anywhere near buying my own house when I was his age, being a single mother.

I've read that 'millennials' could have been born back in 1980, which doesn't sound very millennial to me, but there you go. Who makes these things up, anyway?