acpguy · C
They are suffering due to lack of good parenting and liberal controlled poor education. My wife and I have 6 kids, all worked through high school (four even had their own business during that time), managed their money well, bought their own cars, moved out of the house at 18, paid for their own college or trade schooling, 4 of the 5 boys are either still in the national guard or have retired from it, 4 of them own their own construction business and make over $1 million each per year. We were not wealthy when they were young and we gave all of them work to do starting at an early age, never had to spank them and we allowed them a lot of freedom but required them to use common sense. They did not get cell phones or video games.
Greenthumb · 56-60, MNew
@acpguy You and your wife are an incredible parents.
acpguy · C
@Greenthumb I think some of it may have been luck also.
Greenthumb · 56-60, MNew
@acpguy I don't think so. It sounds like years of good decisions by you, your wife, and your kids
WestonTexan · 18-21, M
I think it's all of those things.
But yeah, I think if the cost of living is high and young people feel like we can't achieve what our parents achieved the other stuff is going to be a problem too.
For many decades, it was kind of a given that kids were going to be better off than their parents, at least on average. That just isn't true anymore.
But yeah, I think if the cost of living is high and young people feel like we can't achieve what our parents achieved the other stuff is going to be a problem too.
For many decades, it was kind of a given that kids were going to be better off than their parents, at least on average. That just isn't true anymore.
DogMan · 61-69, M
@WestonTexan The military is a great way to get started. I know a young guy that went in to work on heavy equipment,
he is making big bucks now
he is making big bucks now
carpediem · 61-69, M
All the things you mention are out of whack when compared to say...the early 80's or 90's. Housing is ridiculous. But then so is the cost of food. It's tough for a young couple to go comfortably and spend easily $150-$200 for an upscale dinner and a nice bottle of wine.
Many have college debt to contend with. And the work ethic just "ain't what it used to be". I worked 3 jobs in my early 20's to get ahead. Are most Gen Z folks willing to make that sacrifice? If not, the thought of actually "making it" I would image would be difficult.
Many have college debt to contend with. And the work ethic just "ain't what it used to be". I worked 3 jobs in my early 20's to get ahead. Are most Gen Z folks willing to make that sacrifice? If not, the thought of actually "making it" I would image would be difficult.
ElwoodBlues · M
The current economy is very different from when you and I were starting out in the labor force. We bought a house or condo ASAP because we knew it would accumulate value. Gen Z literally can't.
Housing prices and rental rates have soared, making it more difficult for Gen Z to purchase homes or afford rent. For example, the median home sales price in 1973 was $37,202 (adjusted for 2023 inflation), while in 2023 it was $410,000
Generation Z has roughly 72% less purchasing power than baby boomers did in their 20s.
Source: https://www.consumeraffairs.com/finance/comparing-the-costs-of-generations.html
American workers have steadily increased their productivity, but their pay (real wages means corrected for inflation) stopped growing around 1980.

Housing prices and rental rates have soared, making it more difficult for Gen Z to purchase homes or afford rent. For example, the median home sales price in 1973 was $37,202 (adjusted for 2023 inflation), while in 2023 it was $410,000
Generation Z has roughly 72% less purchasing power than baby boomers did in their 20s.
Source: https://www.consumeraffairs.com/finance/comparing-the-costs-of-generations.html
American workers have steadily increased their productivity, but their pay (real wages means corrected for inflation) stopped growing around 1980.

DogMan · 61-69, M
@ElwoodBlues I agree, it was easier for us, but they need to be smarter. Trades people will be making the big bucks
in the future. The military is a great way to start. You can learn many trades and get paid to do it. You can also get
money for college. Many of them are working jobs like fast food and other nowhere jobs, that do NOT and will Not
pay a livable wage.
in the future. The military is a great way to start. You can learn many trades and get paid to do it. You can also get
money for college. Many of them are working jobs like fast food and other nowhere jobs, that do NOT and will Not
pay a livable wage.
smileylovesgaming · 31-35, F
Well the younger I imagine don't know what a low pay job really means. U don't work a lot of hour's and u don't make a lot of money with these job. People older then me are not suppose to work these jobs. But these day's they are working these type of jobs
GerOttman · 61-69, M
I think one big problem is the obsession with college. Young people are taking on debt and finding the employment curve is too steep early on. Trades with high wages and military service are often not given proper consideration.
BrandNewMan · M
They are not the mentally toughest group on the planet ..
Lilnonames · F
let life live,dont be so serios, even if im broke.ill not pay a bill so i go have a good time