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I'm a millennial and many of these are spot-on.
http://time.com/money/2820241/10-things-millennials-wont-shell-out-for/ |
| Maybe poor millennials. The only thing on that list I haven't purchased is domestic mass market beer. |
Meh, we can afford all of these things and still choose not to. |
I'm 27 and it mostly rang true for me.. Except I'm married with 2 kids and health insurance!
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Agree. The ones who made poor life choices and live in urban environments are the ones described here - no money on investments, insurance, kids, cars, house? Sounds like a failure to launch loser! Perfect Obama drone. |
| It will be interesting to see how many of these things change, however, as the millenials age, get married, have kids. Will they flee the suburbs as previous generations for the good schools and good environment for raising kids. |
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I think there are a lot of industries that are potentially threatened down the road even if millenials end up in the suburbs with cars, etc.
RVs, boats, everything to do with huge homes, etc. Just all of the stuff. Home theaters, swimming pools, etc. I think millenials will remain more minimalist overall. All they need is a small home, a laptop, and their iPhone. Vegetable garden out back, furnish the house from thrift stores. |
| Most will eventually get married and have kids. All this tells me is that everything is being delayed because of a jobless recovery. In a few more years you'll start to see things change and BAM pent up demand will be unleashed. I wouldn't want to be looking for a house when all these pathological savers are shopping for one, that's for sure. |
Feeling threatened, huh? |
+1 They'll just do the marriage and kids later, which won't be as big a deal since the women have frozen their eggs. |
| I'm 33 - am I a millennial? |
I'm 31 and a millenia...PP, I think you might be the eldest of our generation.
I have the majority of these things. I think the article is premature in its assessment. If the average millenial is 25, how do we know whether our generation will purchase homes or have kids? The average first time mom and dad is 26 and 28/29 respectively. |
| So 25 year olds don't have homes and kids? I never would have guessed. Do they also not have wills and cemetery plots? |
| It isn't a trend, it is the age. I did or didn't do the same things in my 20's. |
| Last night on an NPR story they labeled children born in the mid90's as the "Z" generation. So, look out millennials, the next one is on your tail. |