Off-Topic: Millennials and money
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Name:   MartiniMan The author of this post is registered as a member - Email Member
Subject:   Millennials and money
Date:   10/10/2019 8:21:57 AM

On another topic and just for fun, I read an article that was partially blaming the modest slowdown in spending in the economy on Millennials for saving too much.  At first I thought that was the dumbest thing I've ever heard.  Then I thought about my own children, all of whom are Millennials.  They are still driving the same car they had in high school (they are 28, 24 and 22).  They are maniacal about adding money to their savings account and their 401k.  They buy furniture on Craigslist and never buy anything new.  Thye pay off whatever credit card charges they make every month and they all have cards that give cash back or frequent flyer miles and they use it for everything so they get more rewards.  They are extremely frugal, way more than I was at their age. 

Yes that is anectdotal and a tiny example but it got me to thinking about whether there is some merit to this idea.  Makes me wonder what others are seeing with Millennials and their spending habits.  And let's for once stay away from politics if you want to respond to this post.  Believe it or not, there is more to life.

Other messages in this thread:View Entire Thread
Millennials and money - MartiniMan - 10/10/2019 8:21:57 AM
     Millennials and money - flyfisher - 10/10/2019 9:35:03 AM
     Millennials and money - wix - 10/10/2019 9:37:33 AM
          Millennials and money - MartiniMan - 10/10/2019 10:51:41 AM
     Millennials and money - Talullahhound - 10/10/2019 10:53:21 AM
          Millennials and money - MartiniMan - 10/10/2019 12:16:34 PM
               Millennials and money - GoneFishin - 10/10/2019 1:03:39 PM

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