Lifestyle

8 ways millennial parents are using their kids as status symbols

Some wealthy millennials are using their kids as status symbols. Raising a child is already an expensive endeavour, costing six figures around the world. On top of that, the elite have been known to buy their children pricey accessories, invest in high-end childcare and education, and give them unique names. […]
8 ways millennial parents are using their kids as status symbols
Lifestyle

American millennials have an average net worth of $8,000 — and it’s part of a bigger financial problem the generation is facing

American millennials have an average net worth of less than $US8,000, according to a new Deloitte Study. This puts millennials financially behind other generations at their age. Increasing living costs and staggering debt, including student loans, make it difficult for millennials to save money. Visit Business Insider’s homepage for more […]
American millennials have an average net worth of $8,000 — and it’s part of a bigger financial problem the generation is facing
Strategy

Why are millennials abandoning divorce? Sex, money, and their parents

Millennials are driving a declining divorce rate, reported Hannah Smothers for Cosmopolitan. Often children of divorce themselves, many millennials fear breakups – so they’re taking more time to find the right partner and get their financial act together first. More millennials are also signing prenups as part of their attempt […]
Why are millennials abandoning divorce? Sex, money, and their parents
Lifestyle

Millennials have less money than any other generation did at their age — but you’d never guess it from the way they’re flaunting their money on dating apps

Millennials are less wealthy than previous generations were at their age. But that hasn’t stopped millennials from showing off their wealth and status on dating apps like Hinge, Tinder, and Bumble, according to Jeanette Settembre of MarketWatch. Flaunting this lifestyle can backfire and reduce their chances of getting a date, […]
Millennials have less money than any other generation did at their age — but you’d never guess it from the way they’re flaunting their money on dating apps
Lifestyle

American millennials have less money than other generations did at their age — but studies show an alarming amount of them have delusional ideas about their wealth

Many American millennials think they will be millionaires by middle age and have a generally positive view about their finances, according to several studies. However, research shows a different reality: Millennials are behind financially. Millennials got a slow start to building wealth because of the Great Recession, and a rising […]
American millennials have less money than other generations did at their age — but studies show an alarming amount of them have delusional ideas about their wealth
Lifestyle

Millennials really love plants

Millennials love plants. While millennials have been said to be wiping out numerous industries, they’re giving the plant industry life, Matthew Boyle for Bloomberg reported. The plant trend among millennials ties into their decision to delay parenthood and their affinity for wellness. Visit BusinessInsider.com for more stories. If there’s one […]
Millennials really love plants
Lifestyle

The middle class is disappearing in countries around the world, and it means millennials won’t have the same opportunities their parents did

Millennials are being “squeezed out of the middle class,” Richard Partington for The Guardian reported, citing the Organisation for Economic Co-operation and Development (OECD). The shrinking middle class among millennials worldwide means that millennials won’t have the same opportunities as their parents, according to Partington. This can be seen in […]
The middle class is disappearing in countries around the world, and it means millennials won’t have the same opportunities their parents did
Lifestyle

A 25-year-old YouTuber quit her job and now makes 6 figures recording herself eating, and it’s a trend more and more influencers are cashing in on

Kim Thai earns six figures filming herself eating a lot of food on her YouTube channel Eat with Kim, Andrea Stanley for Cosmopolitan reported. Thai is part of the mukbang community, a growing group of YouTubers who share videos of themselves “ingesting massive quantities of food” – mainly seafood, Stanley […]
A 25-year-old YouTuber quit her job and now makes 6 figures recording herself eating, and it’s a trend more and more influencers are cashing in on
Lifestyle

Rich millennials are creating new trends and status symbols — here are 7 ways they’re redefining what luxury looks like

Rich millennials are giving the luxury world a facelift. Like other millennials, they spend on experiences – but they’re opting to pay for VIP treatments and customisation. In luxury fashion, rich millennials are reinventing the meaning of expensive sneakers and streetwear. Visit Business Insider’s homepage for more stories. Rich millennials‘ […]
Rich millennials are creating new trends and status symbols — here are 7 ways they’re redefining what luxury looks like
Lifestyle

Raising kids is so expensive in America that millennials are prioritising their pets instead and dropping up to $400 on designer dog clothes

Millennials are spending more than $US400 on designer dog clothes, according to Fashionista. As millennials delay traditional milestones, like getting married, buying a house, or having children, they’re choosing to be pet owners instead. In a world where raising kids is a six-figure undertaking, spoiling a pet is less expensive. […]
Raising kids is so expensive in America that millennials are prioritising their pets instead and dropping up to $400 on designer dog clothes
Markets

Millennials have been called the ‘brokest’ and the ‘richest’ generation, and experts say both of those are true

Millennials have been called the “richest” and the “brokest” generation. Which is true? A study from the Federal Reserve found that while millennials have less money compared to previous generations at their age, millennial households have more money. Economic conditions have put millennials financially behind previous generations at their age, […]
Millennials have been called the ‘brokest’ and the ‘richest’ generation, and experts say both of those are true
Markets

Millennials’ eating habits are wildly different from their parents’ — and the food industry has to face urgent consequences

Millennials have a strong preference for convenience, and eat at restaurants more than any other generation, according to Bernstein analysts. This year, their purchasing power is set to surpass baby boomers’, making it crucial to understand how their spending differs from their parents’. Millennials, the largest living generation, are poised […]
Millennials’ eating habits are wildly different from their parents’  —  and the food industry has to face urgent consequences