Name:   Talullahhound - Subject:   Millennials and money Date:   10/10/2019 10:53:21 AM

I have a slightly different take (tongue in cheek, of course).  They were given everything their growing up lives, but when they got out of their own, they found out how expensive all that nice stuff is, so they don't buy it and squirrel away their money.  LOL

A lot of it has to do with their views on the environment.  They think there is too much waste, so they buy used everything, rent instead of owning, and they prefer to Uber over owning a car.  Totally different from those of us who were taught that the American dream was to own your own home, have it nicely furnished and to own a nice car.  We were the first generation to have bank credit cards, and saw this as a way to own nice things without having to wait to save up the money.  Until there later years, my parents never had credit cards at all.

Millennials are all about experiencing things and like to spend their money, when they do spend, on experiences and travel.  They are the ones that worry more about feelings and inclusion and apparently they are really worried about the environment.  I was induced into a "stop plastics" group on FB - I am really concerned about all the plastics and trash they have dumped into our oceans, but it has given me a lot of insight into this environmentalist thinking.