Opinion | Millennials own nothing because the economy screwed us over for 25 years — but older generations still try and blame it on our work ethic. By ingridiswriting.
The rising costs of living we are currently experiencing, and will be sure to continue experiencing without intervention from the federal and state government, are only going to make it more challenging for millennials, Gen Z, and future generations to build wealth unless we work to ensure pay equity and reasonable costs of living.
Some people have done so, but they're the exception rather than the rule. Learning financial literacy is a challenge for people who grew up with survival as their main goal. Fact is,for millennials to move up in their social and income status than previous generations.
Millennials can also talk to the elders in our lives and explain our side of this. The systemic obstacles and injustices we've faced in our quest to make a living are real and different from what our parents faced. Our cost of living, healthcare, childcare, and education expenses are exorbitant, and they weren't this high for previous generations. This may not change the minds of our elders, but it can give us something to consider.
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