the "me" generation of today has the hardest road ahead of them.
period.
living costs are upwards of five times greater than they were in the 60s and 70s (and even into the 80s). Houses now cost four and five time an annual household income. In the 80's houses were going for twice to three times a "household income" (which back then was a single income).
education costs are higher than ever. to get a decent paying job today, in most cases you need post secondary school education. That means accruing debt. No more graduate high school (or in many folks cases, grade 10), head out in the work force, get a starting job, within a couple years be making enough to get married, buy a house (which at that time was only two to three times an annual income), and tada, your family is started.
today someone will be in school longer than that process took. then come out heavily in debt. Then get further in debt because of ridiculous housing costs. can't forget gas costs. commuting costs are higher than ever, as more than ever, folks are having to work outside the city they live in.
all of this is because of my parents generation (I'm 35). My father is the first to admit it. They took the easy route, drove up wages beyond what they were worth, then because of it, much of the high paying (uneducated) jobs left the county. However, by that point, housing costs had risen almost 400% and 500% (because of the ridiculous wages being offered to uneducated jobs).
My father made more in 1985 than he does in 2014. And I'm not taking inflation into consideration!!
The "me" generation, because of the above, are forced to have children later in life. It is no secret that the average age of parents having their first child is 8-9 years older than the previous generation. What does that mean? Well, by the time our children will be having children, we will be, on average, well into our 60's. We will also be paying mortgages well into our late 50's, 10 full years then the average person paid off their mortgage in the generation before me. That of course is because folks are forced to purchase houses in their early 30's instead of early 20's. And gawd forbid you bought into a 30 or 35 year mortgage...paying into your 60's. Again, my parents paid off their mortgage when they were in their late 40's.
No longer will children know their "great" grand parents, like my generation sure did. AFter all, when people are now having children at an average age of 30, and their parents are in their 50's, how will it be possible that my children have children, when my parents are still alive....won't be. Children knowing their "great" grand parents will be a thing of the past.
The "me" generation will have it harder than any generation of the past. Maybe they won't be physically fighting in wars, but they will be fighting paycheck to paycheck like no generation previous.
I don't want to think what my children's children will be dealing with. Forget natural resources. How will they financially survive in the pace our society is going.
The numbers are there. They are clear. There is no argument. It will only get tougher.
I don't know what I"ll be calling my kids generation, but I have zero doubt, they will be having it tougher than I am.
And like my dad has no problem admitting, my generation has it much tougher than his did.
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