I often read articles & posts where young people are bemoaning their financial lot in life. They complain about student debt. The gripe about limited opportunities. The grouse about job prospects. I’ve always believed they were being prematurely pessimistic. Yes, the economy is a bit ‘wobbly’ these days – but there is no crisis. Sometimes it seems everyone wants to play the victim these days. … Continue reading Every Generation Better …
In the world of personal finance and saving for the future, there’s always a new trend that is said to be making waves. The latest one is called “soft saving” – I just heard about it. In “soft saving,” the traditional wisdom of working hard, saving diligently, and retiring early is being challenged by a generation that values experiences and personal growth over accumulating wealth. … Continue reading Soft Saving Approach
It seems every generation wants to dump on the next one. Or, the one before it. Boomers complain about Millennials and Millennials say, “OK, Boomer”. Millennials say Boomers left the world a mess and Boomers say Millennials are ruining the world with their decisions. The irony of the situation is that the Boomers parented the Millennials themselves. (I’m a Gen X’er and our son’s a … Continue reading Gen Z Growing Wealth: The Kids Are Alright
Our son is just out of college and about 4 weeks into his career in software & web design. He signed up for all of his work benefits right away, including his health insurance and retirement 401K plan. He’s very thoughtful with his financial approach, but I saw an online chat about ‘Financial Advice For People In Their Twenties’ from the fatFIRE Facebook Group that … Continue reading Financial Advice For Your Twenties
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