Posted on 11/15/2022 9:59:35 AM PST by Oldeconomybuyer
America's youngest generation of adults is struggling to pay their bills while more than half have opted to live with their parents due to high inflation and uncertainty over the economy, according to a new study.
A poll released Tuesday conducted by The Harris Poll and commissioned by DailyPay found 54% of Gen Zers ages 18-25 are living with their folks, with 80% of respondents saying they expect the economy will either remain that same or decline over the next year.
With inflation still hovering around 8% and remaining near a four-decade high for months, the data indicates Gen Zers are concerned about their current and future financial security.
A mere 28% of respondents in early adulthood said they are typically able to pay all their bills on time, and 41% said they are worried that paying their bills will become even more difficult over the next 12 months due to high inflation. Some 38% say they expect it to become more challenging to pay for staples like food and fuel.
Seventy-eight percent of respondents said they have either not been able to save as much money this year as in 2021, or saved around the same amount – which was sometimes nothing at all.
(Excerpt) Read more at foxbusiness.com ...
OVERWHELMINGLY VOTE FOR DEMOCRATS! /s
Wait?
And they voted Democrat?
Something’s not right here.
The parents need to ask them who they voted for and if they voted for democrats tell them they have a week to find another place to live. Parents if you raised democrats you failed them and your country.
Even before inflation this was the case. 30 and 40 year olds still living with their parents...most with no or low paying jobs because they don’t want to actually work for a living.
Yep, and this recession is only going to gain steam. But I guess that’s what voters want.
There are lots of jobs available. If they voted for Democrats they deserve the economy and debt which results.
Yeah, I thought half already lived with their parents.
Does this mean the rest moved in too?
Which allows their parents to fill out their ballots for Demons.
.....54% of Gen Zers ages 18-25 are living with their folks.....
When I was about their age, I was living at Harvard and working on a PhD. I had other things to worry about than money!!!
Meanwhile, in 2022, Gen Zers voted for the corrupt Dims, and dug our hole even deeper than it was before!! Lord have Mercy!!!!
You know, borrowing way too much money for a government backed product worth little to nothing. Sort of like borrowing $100K to buy a Yugo on 20 year term loan.
No, inflation is not doing this to them at all.
What’s causing them to live with their parents is a manifold set of problems.
1. Lazy - can’t be bothered to work hard at entry level jobs
2. Entitled - will not accept a job for less than 60k.
3. Stupid- huge student debt for a 30k a year job? SURE!
4. Coddled- parents allow this. Kick them out.
5. Unambitious- no willpower to do what it takes to succeed.
6. Unreasoning- cannot reason through why communism is no good.
7. Gullible- unquestioningly accepts what the tee vee tells them.
8. Undisciplined- could not focus on accomplishing tasks\goals
9. immoral- more interested in self gratification than achieving or serving others.
So let's vote for the guys who created the mess we are in! They're bound to fix it.
A few flaws in the article:
1. It doesn’t give data for past years.
2. It doesn’t give an age breakdown
3. It doesn’t go into why they’re at home. Many might be there to save money for future use, and the parents don’t mind.
Boomers moving in with grandkids?
No
Wait till they start burying the bodies in the basement.
This is really a lost generation with the weirdness happening, today.
Good, then the kids who moved home need to go get one or two of them.
Our son, 22, is fully employed and a full-time student at the local State University. We said he could live at home during this time of his life in order for him to have Zero Debt when he graduates.
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