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Reply to "Boomers' Billion-Dollar Bonanza: The Unseen Hoarding Behind Millennial Struggles"
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[quote=Anonymous]I just don't see millennials + Gen Z being as frugal and focused on saving as previous generations. My parents were just visiting and I got so much criticism for things they perceived as food waste, overconsumption, etc. My and DH's parents are both in the late 40s/early 50s and all grew up pretty poor and have always been very frugal, and both sets of them have managed to build up a lot of wealth over the past 20 years in particular. DH and I rented until our late 30s because we could not afford to buy a home. When we did, we bought a small townhouse, knowing it would be our "starter home" and hoping that we could build up some equity and buy a larger home later - which we did just this year at ages 46 and 47. So, nope, not buying into millennial whining. You have to start small.[/quote]
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