Reply to I know why Millenials can't afford houses and pay off their student loans..

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I am with OP, I drink coffee made at home, my teen DD wants Starbucks all the time. There is no way she will change once on her own. I hope she will, but hope is slim. It is our fault, for sure, to some extent. I refuse to buy her Starbucks more often than I buy it, but you can see almost all of her school at SB every morning getting coffee, so clearly other parents suports this as well. My BIL is paying a two weeks winter break trip for his college DS to Florida to get scuba certification.  No way would my parents or my DH's parents ever pay for anything like that at all.  DH worked to pay for his bike at 7 years old with a a weekend paper route. Truth is that new generations are more and more spoiled, and if we are to measure degrees of spoiled, I would say it is increasing more rapidly than in the past. We became pushover parents, who provided at our own expense for our kids, and kids are clueless how to fend for themselves. We are part of the problem. [/quote]

+1.  I'm 50, grew up outside NYC.  I had a job from about 12 onward -  delivering papers, bagging groceries, etc.  Worked every summer in college, and I did not grow up even remotely poor.   Last year, I paid for my kids to get officiating certifications in their sports - unless I take the initiative, they don't even bother to sign up for assignments.  I feel like I went wrong somewhere.  My spouse and I work like dogs - travel, long hours, etc.  I see younger people at my job come and go rather quickly, looking for some perfect job that is just not out there.  We had one guy that had to work a few weekends and quit within 6 mos.  Every generation is different early on, but eventually they all revert to the mean.  They eventually want homes, good schools, educations for their kids, safe streets.  Floating from job to job, collecting side hustles, not saving any money - none of this will look good from 40.  [/quote]

"Floating from job to job" --> studies show you make a ton more money that way because raises at current jobs don't often come. Sounds smart to me[/quote]

It depends on how big the raises are. It also looks poorly when your resume shows you don't stick with an employer for very long, and you give up some street cred every time you begin a fresh relationship with a new company.[/quote]

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