for those fortunate enough to find work. The report shows that by their 30s, though, millennials appeared to catch up in earnings compared to both Gen X and baby boomers at the same age.
It's a similar path for life events. Fewer than 40% of millennials are married at age 28, compared to nearly half of Gen Xers and more than half of boomers at that age, per the report. But by age 38, millennials are nearly caught up.mirrors this trend, with millennials catching up to the 60% homeownership rate that marked prior generations at age 38.
Despite all this progress, there's one big exception: Millennials are still terribly behind when it comes to building wealth.The net wealth-to-income ratio for millennials ages 28 to 38 is 56%, per the report, compared to 57% for late boomers and 83% for Gen X. . The picture looks worse for the oldest group of millennials ages 34 to 38, who have a 70% net wealth-to-income ratio. That's way behind the 82% for late boomers and 110% for Gen X in the same age group. This millennial cohort is part of the 1980s group at risk of becoming a"lost generation" for wealth accumulation,
Universities are corrupt and degrees are increasingly becoming less valuable in many fields
It's boring to sit at home alone, looking for someone to spend time with
If you borrow money to major in “gender studies”, social sciences, or similar BS, you are a selfish, illiterate human being. Learn something that enables you to produce. Start by taking a basic finance course plus a business fundamentals program in YouTube and Coursera.