re: Millennials make more money than any other gen. did at their age, but are way less wealthy

quote:

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don't forget prioritization, discipline, and deferred gratification


Who is supposed to teach them these things?

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I am in my early 40’s, which puts me somewhere between Gen Y and Millennial. None of these things were taught to me as a child in school. By the time “economics” was removed from the school schedule the year previous to mine and I had “civics” one year before it was removed. What generation was in charge of the school system when I was a child? Who made those decisions? It wasn’t us.

Both of my parents worked their asses off full time to get by and it seemed that as they earned more money we could afford progressively less. Those slightly older than my parents seemed to be fine paying off houses and raising families with a 30 year career as a bag boy at the Safeway. Some of those people are still in the workforce now, and some of them are still alive collecting a monthly pension at the age of 912. Blaming millennials and gen z for this problem is looking in the wrong direction.

A good example of how things have changed:
When the Simpsons premiered in the 90’s the family represented a lower middle class family, now they represent a relatively rich one.