A Millennial Speaks out

triathlon

1. Mobile phones
2. Several holidays & short breaks per year
3. zero work ethic
4. Latest widescreen TV's(mine is still 15 years old going strong)
5. Out partying every weekend
6. Gym membership
7. Endless clothes
8. No idea how to use the appliances of a kitchen(see that so clearly from my tenants)


Taken me just one minute to type those, could go on all day. Today's under 30's have a mental age of 16 or even younger. Lazy, self entitled, they were born to have their hands held and hence the modern growing rental age. An age I might add where there is record cheap money and handouts and abundant housing builds, if they cannot do it in this era they will never do it.

God help us if WW3 starts, the breed that saved us in WW2 has long gone

spadoosh

triathlon wrote: »

1. Mobile phones
2. Several holidays & short breaks per year
3. zero work ethic
4. Latest widescreen TV's(mine is still 15 years old going strong)
5. Out partying every weekend
6. Gym membership
7. Endless clothes
8. No idea how to use the appliances of a kitchen(see that so clearly from my tenants)


Taken me just one minute to type those, could go on all day. Today's under 30's have a mental age of 16 or even younger. Lazy, self entitled, they were born to have their hands held and hence the modern growing rental age. An age I might add where there is record cheap money and handouts and abundant housing builds, if they cannot do it in this era they will never do it.

God help us if WW3 starts, the breed that saved us in WW2 has long gone

I wonder what made them like that? :cool:

Herzlos

triathlon wrote: »

1. Mobile phones
2. Several holidays & short breaks per year
3. zero work ethic
4. Latest widescreen TV's(mine is still 15 years old going strong)
5. Out partying every weekend
6. Gym membership
7. Endless clothes
8. No idea how to use the appliances of a kitchen(see that so clearly from my tenants)


Taken me just one minute to type those, could go on all day. Today's under 30's have a mental age of 16 or even younger. Lazy, self entitled, they were born to have their hands held and hence the modern growing rental age. An age I might add where there is record cheap money and handouts and abundant housing builds, if they cannot do it in this era they will never do it.

God help us if WW3 starts, the breed that saved us in WW2 has long gone

Can you provide any sort of citation for that?

I don't know many millenials but approximately none of them meet your criteria.

Malthusian

spadoosh wrote: »

The problems millenials face is that they havent seen much sacrifice from the generation before (millenials parents have brand new cars, detached houses, holiday homes, awesome pensions etc etc). Theyve grown up thinking its normal to have all that when it never has been.

Other than the "awesome pensions" (which millennials don't care about, and are only that awesome in hindsight anyway), this is a real problem. And it is not about sacrifice, it is about earning ability. When the average child leaves home, their parent will be at the peak of their earning ability in their 40s or 50s. The child is at the rock bottom of their earning ability, having zero experience and no value in the labour market other than their exams. It should be completely obvious that the child will have to do without some of the amenities they had at their parents', unless the parent is willing to transfer a great deal of wealth their way (which at that age is likely to be a bad idea for both parties).

Yet no-one ever acknowledges this and it's genuinely assumed that your lifestyle after you leave home should be pretty much the same as before. Studio flat, new car, Sky Sports, new smartphone every year, two holidays a year abroad, all the things their parents used to buy for them. Which is nonsense. You earn much much less than the person who earned that lifestyle.

The children of unskilled labourers have never needed to worry about this - they will have the same earning potential as their parents right from the off, maybe even higher if they apply themselves and get the right degree. It's mostly a middle class problem.

In þe olden days when a middle class child left home they went to university and expected to stay in halls or a grotty houseshare, but with the expansion of luxury student accommodation even this reality check seems to be on the way out.

Why would millennials' parents have sacrificed detached houses and brand new cars? They didn't need to sacrifice squat, they earned them. The millennials with their £15,000 starting salary haven't earned them yet. It's not complicated.

Lokolo

triathlon wrote: »

1. Mobile phones
2. Several holidays & short breaks per year
3. zero work ethic
4. Latest widescreen TV's(mine is still 15 years old going strong)
5. Out partying every weekend
6. Gym membership
7. Endless clothes
8. No idea how to use the appliances of a kitchen(see that so clearly from my tenants)


Taken me just one minute to type those, could go on all day. Today's under 30's have a mental age of 16 or even younger. Lazy, self entitled, they were born to have their hands held and hence the modern growing rental age. An age I might add where there is record cheap money and handouts and abundant housing builds, if they cannot do it in this era they will never do it.

God help us if WW3 starts, the breed that saved us in WW2 has long gone

Er I am 29.

I get up at 7am every day and leave the house at 7:30. I get to work at 8:45 and leave at 5:30. I get home at 7pm.

I have started to go to the gym one night a week. Otherwise my partner tends to cook dinner, apart from Wednesdays when she works late and its my turn.

On Saturdays turning term time I then volunteer 2 hours coaching sports to children. On Sundays this extends to 3-4 hours depending if the kids are away from home.

The last time I went out was last Friday where I met up with the guys and we went for a curry. The last time I went out before this was before Christmas.

I more than likely earn a lot more than yourself. With this I do like to go away twice a year for a week, plus a couple of weekends (obviously my volunteering does impact this unfortunately).

I own a 3 bed house worth approximately £420k (mortgaged at £280k). My deposit for my first property at 23 was with a £30k deposit, of which £10k was gifted, the rest was saved up by myself. I left home for university at 18, returned for 1 year after graduating. I then purchased my first property a year later.

I have obviously done very well and although I would class myself as a little lazy, I do put the effort in and I do work smart. I would hardly class myself as what you seem to class all millennials.

bugslet

triathlon wrote: »

1. Mobile phones
2. Several holidays & short breaks per year
3. zero work ethic
4. Latest widescreen TV's(mine is still 15 years old going strong)
5. Out partying every weekend
6. Gym membership
7. Endless clothes
8. No idea how to use the appliances of a kitchen(see that so clearly from my tenants)


Taken me just one minute to type those, could go on all day. Today's under 30's have a mental age of 16 or even younger. Lazy, self entitled, they were born to have their hands held and hence the modern growing rental age. An age I might add where there is record cheap money and handouts and abundant housing builds, if they cannot do it in this era they will never do it.

God help us if WW3 starts, the breed that saved us in WW2 has long gone

I'm sure that is right for some of them, but as an employer with three millenials working for me, they are hard working. As drivers they get up at silly o clock and finish many hours later, they are personable and I've been very happy with them. Of course they have their faults, but so did I under 30.:o

Out,_Vile_Jelly

When I was 14 I worked two full days at my local stables in exchange for one free ride (I thought this was a great deal at the time). Nothing like being a horsey teenager to teach you the value of your own sweat as it drips onto yet another !!!!!!-filled wheelbarrow.

spadoosh

@ malthusian, sorry forgot to quote.

I suspect millennials dont care about pensions because they dont expect to get one.

A school leaver going to work in the 50's would see the greatest growth in earning potential in human history through their lives. Not wishing to be pessimistic here but i cant imagine its the same for gen y and millennials. Although there will probably be few generations who have that easy of a start in their lives.

Thats one of the few things boomers and millennials tend to share in common, they both think the future (on the whole and my interpretation) looks bleak. Except they disagree whose at fault.

The world has changed so much in 100 years that the model for boomer, gen x and y and millenials are vastly different.

I feel i have to be conservative. I know im going to have to pay for
my parents (as in im going to have to pay for what successive governments have promised boomers gen x and y) whilst having to pay for myself (y/millenial) and wishing to help with my children. It seems theres more caution these days (probably rightly so) which is a natural hindrance to earnings potential. Whilst i feel this personally its something that seems apparent in most parts of the economy with pretty stagnant growth for the last 2 decades although less volatile.

I see it like the difference between driving down a dirt road (all jiggly) or driving down a tarmac road with big speed bumbs. Whilst you might need to slow to a crawl at the speed bump to get over you can still hit 50 before you get there. On the dirt road you cant get over 10.


And now youve turned me in to a whingy millenial whose blaiming other people!!! See its all your fault!! :P

triathlon

Herzlos wrote: »

Can you provide any sort of citation for that?

I don't know many millenials but approximately none of them meet your criteria.

Well just go out and buy a home then, they are plentiful with cheaper money now then there has ever been, we paid 15% interest at one point on our mortgage, but we just got on with it.
I am glad this country is now full of weak people in someways, every one of my mortgages is being paid by someone renting.

triathlon

Lokolo wrote: »

Er I am 29.

I get up at 7am every day and leave the house at 7:30. I get to work at 8:45 and leave at 5:30. I get home at 7pm.

I have started to go to the gym one night a week. Otherwise my partner tends to cook dinner, apart from Wednesdays when she works late and its my turn.

On Saturdays turning term time I then volunteer 2 hours coaching sports to children. On Sundays this extends to 3-4 hours depending if the kids are away from home.

The last time I went out was last Friday where I met up with the guys and we went for a curry. The last time I went out before this was before Christmas.

I more than likely earn a lot more than yourself. With this I do like to go away twice a year for a week, plus a couple of weekends (obviously my volunteering does impact this unfortunately).

I own a 3 bed house worth approximately £420k (mortgaged at £280k). My deposit for my first property at 23 was with a £30k deposit, of which £10k was gifted, the rest was saved up by myself. I left home for university at 18, returned for 1 year after graduating. I then purchased my first property a year later.

I have obviously done very well and although I would class myself as a little lazy, I do put the effort in and I do work smart. I would hardly class myself as what you seem to class all millennials.

I thought we were talking about things in general, did not realise that you was the centre of the universe. But well done you, you are the exception and made something of yourself.

Drop the silly generalisations though, you have no idea what I earn, and I doubt very much that you do earn more.