| Who Made Millennials? June 28th, 2018 by Bill Boyajian |
We hear and read a lot these days about Millennials, and most of us tire of it. We know they have delayed life events such as marriage and home ownership, but few realize that the average Millennial makes far less money and has much greater student debt than their parents did just a generation ago. Some of this is due to late blossoming, but there are other economic factors in the job market that contribute to this. Spending most of their 20s and early 30s in the post Great Recession era hasn’t helped. But who really made Millennials the way they are? The answer: WE DID! We Baby Boomers wanted our children to have it better than we did and in many instances, we have enabled our kids in ways that are foreign to the way we grew up. So the next time you find yourself complaining or simply dumbfounded by a Millennial, take a look in the mirror and give yourself a little credit for the result. This said, every generation has had challenges that are unique to the times in which they live. There is no right or wrong in this because economic, societal, and environmental issues have changed significantly, and each generation has had to face them head on. Think back to your parents and how they wondered about your own thinking and actions. That should give us all pause to resist complaining about others. Tags: actions, Average, Baby Boomers, Better, Challenges, Complain, Complaining, Contribute, Credit, Debt, Economic, Enabled, environment, Environmental, Events, Generation, Great Recession, Grow, Hear, Home Ownership, Issues, Job, Job Market, Kids, Less Money, life, Life events, Live, Marriage, millennial, Millennials, Mirror, Money, Parents, Read, Significant, Societal, Student Debt, thinking, Time, Unique |
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“I needed help orchestrating a succession plan for our business. I had heard that Bill Boyajian specialized in assisting owners to transition their business to the next generation. He knows how to bridge the generation gap and deliver what each needs to hear. I would recommend Bill to any business owner who needs advice on succession planning from a trusted outside professional.”
–Charles Denaburg,
Managing Partner,
Levy’s Fine Jewelry
Birmingham, AL
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–Ceylon Leitzel
Leitzel Fine Jewelry
Hershey & Myerstown, PA
“We needed a plan to transition our business to a non-family member and we asked Bill Boyajian to help us. His experience in the area has really paid off, but we didn’t expect the added value of putting us together with a financial planner who helped organize our retirement needs. We now have the fundamentals to transition our business successfully, and we have Bill to thank for it.”
–Ernie & Debbie Cummings
Kizer-Cummings Jewelers
Lawrence, KS
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