Millenial Characteristic Breakdown 

millenialsThe Millennial generation is the largest in US history and as they reach their prime working and spending years, their impact on the economy is going to be huge.

Millennials have come of age during a time of technological change, globalization and economic disruption. That’s given them a different set of behaviors and experiences than their parents.

They have been slower to marry and move out on their own, and have shown different attitudes to ownership that have helped spawn what’s being called a “sharing economy.”

They’re also the first generation of digital natives, and their affinity for technology helps shape how they shop. They are used to instant access to price comparisons, product information and peer reviews.

Finally, they are dedicated to wellness, devoting time and money to exercising and eating right. Their active lifestyle influences trends in everything from food and drink to fashion.

These are just some of the trends that will shape the new Millennial economy.


Digging Deeper

sharingeconomy_globeslideOur parents were always told to get a 30 year mortgage and you’ll be fine due to the appreciation from the home.  Invest in the stock market because it will go up in the long run.  Renting is a waste of money. Get married and have a family because that’s what you are supposed to do. We have stopped listening to our parents.

People don’t have money any more!  The jobs don’t pay as much.  Education is more.   Healthcare is a huge rip off. Insurance companies take all the money and don’t even pay it out when you need it.  Civilians don’t know what the government does. It’s best to stay healthy and be happy with what you have because you aren’t getting more unless you win the Powerball.

Millennials are the leading group with purchasing and being a consumer.  Our review system is unlike any other and it forces companies to produce higher quality goods for better prices. We are lean and mean with regard to efficiency when compared to the generation before us and it’s not even close. I’ve seen my dad send an email. Look at all of the advances created in bringing together the world socially.  The millennials skills are communication and that’s the single most important skill to have. What good is it to have someone in Sweden producing the best product for the best price if no one knows about it? This day and age is different.

i-robotI could write for a millennial on our generation but what’s the point.  I have no clue if it’s better or worse or it all evens out in the end. We have way more social connection and way less human connection.  We are way busier and getting less done. We are so healthy it drives us insane.  We know so much that we don’t know anything. In 25 years we’re going to be crowing how the generation before us doesn’t leave their house and commands the world from computers.  Ender’s Game is a matter of time.  Minority Report and I Robot won’t be far off.  The future is inevitable.