[Wyrd bið ful aræd]

Statistically, millennials are far less likely to ever own a home and lead successful lives than their parents. Part of it is that many millennials just aren't interested in working hard. But a big part of it also is that the cost of everything is so much higher (insurance, food, utilities, gas, vehicles and maintenance, housing, etc) than it used to be that its damn near impossible for someone starting out to get off the ground. Also, with the economy as it is and so many experienced workers in the market, businesses can afford to be choosy in who they hire. Many inexperienced young people that do get hired have to work slave hours to keep the job, being of so little value to the company and easily replaced. Its always been that way no doubt, but again the current economy has exacerbated it.

[sheana]

Even the ones that work are worse off, but some of it is of their choosing. 32 year old daughter and her hubby make more than me and hubby but we have tons more money than they do. Why? We bought a house we could afford and have stayed in it. It will be paid for in 2 years. They bought a $300k monster that they can barely make the payments.
We buy luxury cars but save the money and pay cash for the,. I just put the amount of a car payment away every month til the amount is sufficient. I also drive my cars at least 10 years. They both have brand new cars......I can’t even count the number of cars she has had.
If we don’t have the cash to buy something we don’t buy it. They have big charge card debt.