I don’t know My millennial daughter is now married, owns a home, has a wonderful husband and two beautiful children.
Now, granted, her house is a dump — but they’re fixing it up so they can live in a nice school system. They live very modestly — but so did we while we raised her.
She also works in finance, so she’s smart. I attribute really most of her success to smarts and a good moral foundation. She didn’t squander her time, didn’t give into co-habitation and all the nonsense that comes with that. She’s never lived high on the hog unless she really wants something nice — but she’s just not materialistic.
I look at a lot of these kids and they’re enjoying nice cars, fancy clothes, non-stop trips to Vegas, the Caribbean, you name it. They don’t settle down and get serious until their 30’s at least. I don’t know — it’s not all anything they can blame on us older folks. They seem to want things that we considered rewards after years of hard work. Then they wonder why they can’t afford the 20 % down payment.
Kids these days think they are entitled by right to have in their 20’s and 30’s what their parents worked for and didn’t have until their 50’s and 60’s.
It escapes their attention that when their parents were in their 20’s and 30’s, they didn’t have all those nice things either.
There is no such thing these days.