Generally speaking, this generation is less interested in having kids and getting married, why?
Cost of living. More or less, the institutions of old have failed us. To expect us to carry on their traditions is laughable.
For real though, *everything* is a raw deal. The economic crisis was triggered by banks making shitty loans, the government on both sides accepts tons of money from lobbyists and cuts corporations massive tax breaks. The lesson I’ve been taught over and over again is that large organizations don’t have my best interests at heart.
My partner and I *already* both need full time jobs to keep a roof over our heads, in a small ass apartment, and if I see one more piece of financial advice that includes “buy less starbucks” or “why aren’t millennials investing in diamonds!?” I’m going to slam someone’s dick in a panini maker.
Seriously. Along with that, I’m not gonna buy in to a failing system that I don’t view is working for the people. I’m not even sure what makes them think we’re gonna follow a lifestyle that is not applicable anymore due to inflation and an economy that doesn’t follow in the same lines as before.
- Millennials are much less financially secure than previous generations, putting people off having kids earlier
- Disillusionment with the marriage institution because of the high rates of divorce amongst their parents
- The growing LGBTQ+ movement and the problems they face with raising children
- Deconstruction of the nuclear family and reduced societal/familial pressures
You know, the old cash rules everything around me, except when other assets offer higher risk adjusted yields.