Lifestyle

The most popular US metro areas for Gen Z homebuyers, ranked

The first wave of Gen Z homebuyers is here, and they have taken a keen interest in the Midwest. A new study released by Realtor.com found that the median price of a home bought by Gen Zers is $US160,600, which is lower than the $US256,500 median price among millennial homebuyers. […]
The most popular US metro areas for Gen Z homebuyers, ranked
Lifestyle

20 facts about the class of 2020 that will blow your mind

Although most students won’t walk across stage this year, the classes of 2020 are graduating from colleges and high schools around the country. High school seniors were born in 2002, while some graduating college students were born in 1998 – that’s during the digital age. The high school class of […]
20 facts about the class of 2020 that will blow your mind
Markets

Millennials’ 10 favourite stocks include Apple, Tesla, and Warren Buffett’s Berkshire Hathaway

Apple, Tesla, and Warren Buffett’s Berkshire Hathaway rank among millennials’ 10 favourite stocks. Disney, Netflix, and Amazon also made Apex Clearing’s top 10 list. The digital wealth management specialist analysed more than 734,000 investment accounts. Visit Business Insider’s homepage for more stories. Millennials’ favourite stocks include Apple, Tesla, and Warren […]
Millennials’ 10 favourite stocks include Apple, Tesla, and Warren Buffett’s Berkshire Hathaway
Lifestyle

San Francisco has 16 gyms and wellness facilities per square mile — more than any other US city. It shows where millennials spend their money.

San Francisco has 16 gyms and other wellness businesses per square mile, according to the 2020 Wellness Index released by Mindbody, a wellness technology platform. That’s a higher density than any other US city, the report says. While gyms and wellness studios thrive, traditional retail in San Francisco is suffering. […]
San Francisco has 16 gyms and wellness facilities per square mile — more than any other US city. It shows where millennials spend their money.
Lifestyle

More women are freezing their eggs to delay having kids — but the process costs thousands of dollars and still might not work. Here’s what you should know.

More women are turning to freezing their eggs as they delay having babies. Egg-freezing costs are expensive: A single cycle can average anywhere from $US6,000 to $US20,000, according to experts. That doesn’t include the $US500 to $US600 yearly storage costs. But even with those high cost, there’s no guarantee of […]
More women are freezing their eggs to delay having kids — but the process costs thousands of dollars and still might not work. Here’s what you should know.
Lifestyle

Here’s why so many millennials making 6-figure salaries still feel broke

How is it that some millennials making six figures still feel broke? This cohort, who are known as “Henrys,” typically earn over $US100,000, are largely millennials, and struggle to balance their saving and spending habits. Henrys fall victim to lifestyle creep, preferring a comfortable, often expensive lifestyle that leaves them […]
Here’s why so many millennials making 6-figure salaries still feel broke
Lifestyle

The term ‘millennial’ has become so controversial that an expert says many millennials actually don’t identify with it

Many millennials don’t identify with the term “millennial.” This group of millennials, which generational expert Jason Dorsey has dubbed“mega-llennials,” doesn’t relate to the negative light the world has shined on them. It’s no surprise they don’t like the title: Millennials have gained a reputation for acting special, sensitive, lazy, and […]
The term ‘millennial’ has become so controversial that an expert says many millennials actually don’t identify with it
Lifestyle

Millennials are having kids later than any other generation, and it might be putting mothers at greater risk of depression. Here’s what experts say every mother should know about the potential risks.

More 30-something women are having babies than ever before. However, fertility declines with age, making it more difficult to get pregnant and increasing the risk of medical complications. Getting pregnant at an older age may also increase mental health risks, but experts are unsure about the exact relationship between the […]
Millennials are having kids later than any other generation, and it might be putting mothers at greater risk of depression. Here’s what experts say every mother should know about the potential risks.
Lifestyle

There are 2 types of American millennials, says an expert who studies the generation — and the difference between them is not based on their age

There are two types of millennials, says a generational expert: “me-llennials” and “mega-llennials.” The two parts of the generation are defined, respectively, by two different life paths. One group is moving forward professionally and financially, while the other feels their life has stagnated. Me-llennials feel behind in their career and […]
There are 2 types of American millennials, says an expert who studies the generation — and the difference between them is not based on their age
Lifestyle

A very millennial decade: The trends, the looks, and the moments that defined each year of the 2000s for America’s most controversial generation

Millennials have become trendsetters in the past decade. Business Insider took a look at six of the biggest millennial trends and moments from each year over the last 10 years. Millennials have led the way to healthier eating, revived ’90s fashion, and sparked national debate. Visit Business Insider’s homepage for […]
A very millennial decade: The trends, the looks, and the moments that defined each year of the 2000s for America’s most controversial generation
Lifestyle

The 15 worst US states for millennials, ranked

Information company Zippia released its ranking of the worst states for millennials in November. To determine which states were the worst, Zippia considered millennial unemployment rates, average student loan debt, millennial homeownership rates, and the percentage of millennials who were living in poverty in each area. It found that the […]
The 15 worst US states for millennials, ranked
Lifestyle

8 stories about wealth and millennials you may have missed in 2019

As a writer for Business Insider’s Executive Lifestyle section, I’ve written a lot of stories on luxury and millennial wealth. In this 2019 wrap-up, I’m focusing not on my most popular stories, but on the stories I think didn’t get enough attention. From booming luxury real-estate to all the ways […]
8 stories about wealth and millennials you may have missed in 2019
Lifestyle

15 ways millennials changed the world in the 2010s

Millennials have helped reinvent the world in the past decade. As they have aged into the part of life where they will be hitting many of their peak life milestones, they have delayed big events like homeownership and marriage. Millennials want an easy life – one that’s accessible, convenient, comfortable, […]
15 ways millennials changed the world in the 2010s
Strategy

Instagram’s new policy of removing ‘likes’ is yet another challenge to our basic human need to ‘belong,’ a behaviour analyst explains

Kerry Goyette is the founder and president of Aperio Consulting Group. She is a certified professional behaviour analyst and certified forensic interviewer with postgraduate studies in psychometrics. She says that getting likes or shares on a platform like Instagram triggers the reward centre of the brain. And while the brain’s […]
Instagram’s new policy of removing ‘likes’ is yet another challenge to our basic human need to ‘belong,’ a behaviour analyst explains
Strategy

‘Xennials’ were born in the early ’80s — here are all the ways they’re different from the millennials they were supposed to be

Millennials were born between 1981 and 1996. Xennials are a “microgeneration” born between 1977 and 1985. There are meaningful differences between their lives. For example, xennials were already in the workforce when the recession hit, while many millennials were just graduating from college. If you were born between 1977 and […]
‘Xennials’ were born in the early ’80s  —  here are all the ways they’re different from the millennials they were supposed to be
Lifestyle

The typical American family looks nothing like it did in the 1960s, and it’s largely because of how differently millennials are doing things

The traditional nuclear-family structure no longer exists, reported Ellen Byron for The Wall Street Journal. It’s been replaced with varying family arrangements for a variety of reasons, she wrote. It’s largely because millennials are doing things differently than their parents: They’re getting married later, or not at all, and contributing […]
The typical American family looks nothing like it did in the 1960s, and it’s largely because of how differently millennials are doing things
Lifestyle

Baby boomers are the most sensitive generation, new study says — and it shows exactly what the world is getting wrong about millennials

Baby boomers are more sensitive than millennials, suggests a new study published in the Journal Psychology and Ageing. The study is the largest on narcissism to date and focuses on both generational and individual trends in narcissistic behaviours, unlike previous studies of its kind, reported Julia Naftulin for Business Insider. […]
Baby boomers are the most sensitive generation, new study says — and it shows exactly what the world is getting wrong about millennials
Lifestyle

Baby boomers are more sensitive than millennials, according to the largest-ever study on narcissism

A new study, the largest-ever conducted narcissism, looked specifically at hypersensitivity, a trait that helps determine how narcissistic people are. Its findings suggests that, contrary to popular belief,millennials aren’t more sensitive than the baby boomer generation. In fact, it’s the other way around. Generally speaking, as individuals in the study […]
Baby boomers are more sensitive than millennials, according to the largest-ever study on narcissism
Lifestyle

4 days in the fastest-growing city in America: Microbreweries, millennial transplants — and locals who are already afraid of getting priced out

Boise, Idaho, was the fastest-growing city in the US in 2018, according to Forbes. Microbreweries, luxury condos, and Brooklyn-esque coffee shops are popping up in the Pacific Northwest city of about 229,000 people. The Idaho capital also has a burgeoning tech scene, with some Silicon Valley tech companies opening offices […]
4 days in the fastest-growing city in America: Microbreweries, millennial transplants — and locals who are already afraid of getting priced out
Lifestyle

Millennials are taking multiple ‘micro-cations’ instead of long trips, and it says a lot about their work-life balance priorities

Preferred Hotels, a collection of more than 750 independent hotels and resorts around the world, released its 2020 travel trend report. Shorter vacations are on the rise, according to their findings. Millennials, in particular, are credited with popularising these “micro-cations.” Millennials are most likely leaning into the trend for two […]
Millennials are taking multiple ‘micro-cations’ instead of long trips, and it says a lot about their work-life balance priorities
Lifestyle

The Catskills have a long up-and-down history as a hotspot for wealthy New Yorkers. Now, the owners of a local tiny house resort say millennials are helping the destination make its latest comeback.

The Catskills, the upstate New York area once home to luxury mountain resorts, are seeing a resurgence as a popular getaway destination. The evolution of transportation over the past 200 years has helped the Catskills through periodsof reinvention, the owners of a tiny house resort in the area told Business […]
The Catskills have a long up-and-down history as a hotspot for wealthy New Yorkers. Now, the owners of a local tiny house resort say millennials are helping the destination make its latest comeback.
Lifestyle

The founder of the ‘Airbnb of yachts’ says the service is attracting millennial women — here’s why

Jaclyn Baumgarten founded Boatsetter, a peer-to-peer boat-sharing platform in the US, in 2012. Baumgarten was named to Inc.’s top female founders list this year, alongside women like Magnolia’s Joanna Gaines and Bumble’s Whitney Wolfe Herd. Boatsetter’s clientele skews younger and more female. The reasoning is two-fold: Baumgarten says Boatsetter makes […]
The founder of the ‘Airbnb of yachts’ says the service is attracting millennial women — here’s why
Lifestyle

A decline in mental health is having the same effect on millennials that the Vietnam War and the AIDS epidemic did on past generations, new report says

Millennials are experiencing a “health shock” largely fuelled by a decline in mental health, according to a recent Blue Cross Blue Shield report. According to the World Health Organisation, health shocks are “unpredictable illnesses that diminish health status.” The situation is comparable to the effects the Vietnam War and recreational […]
A decline in mental health is having the same effect on millennials that the Vietnam War and the AIDS epidemic did on past generations, new report says
Lifestyle

Baby boomers are expected to move out of 21 million homes across the US in the next 2 decades, but there’s a major problem: Gen X and millennials probably won’t want to move into them

Nine million homes across the US are expected to hit the market between 2017 and 2027, wrote Laura Kusisto for The Wall Street Journal. This housing glut comes as baby boomers start to die or move out of individual homes and into family homes or assisted living homes. By 2037, […]
Baby boomers are expected to move out of 21 million homes across the US in the next 2 decades, but there’s a major problem: Gen X and millennials probably won’t want to move into them
Lifestyle

Meet the ‘Henrys’: The millennials making 6-figure salaries who have ‘pleasure funds’ and enough money to travel — but still say they feel broke

“Henrys” are a group of people, mostly millennials, who earn between $US100,000 and $US250,000 but feel broke, Melkorka Licea reported for the New York Post. Short for “high earner not rich yet,” the term Henry was coined by Shawn Tully at Fortune magazine nearly 20 years ago. Millennial Henrys have […]
Meet the ‘Henrys’: The millennials making 6-figure salaries who have ‘pleasure funds’ and enough money to travel — but still say they feel broke
Lifestyle

Tiffany doesn’t want you to call it a luxury brand anymore

Luxury conglomerate LVMH has acquired Tiffany in a record $US16.2 billion deal. The CEO of Tiffany & Co. doesn’t like calling the iconic jewellery company a luxury brand. “I don’t like the word ‘luxury.’ Honestly, I try to avoid it,” Tiffany CEO Alessandro Bogliolo said at Bloomberg’sThe Year Ahead: Luxury […]
Tiffany doesn’t want you to call it a luxury brand anymore
Lifestyle

Meet the typical millennial millionaire in America, who has a real-estate portfolio worth $1.4 million, is married, and is more likely to live in California than any other state

There are 618,000 millennial millionaires in America, according to a new report by Coldwell Banker. The typical millennial millionaire has a net worth ranging from $US1 to $US2.49 million. They also view real estate as a key way to build wealth – the average millennial millionaire owns three properties. Visit […]
Meet the typical millennial millionaire in America, who has a real-estate portfolio worth $1.4 million, is married, and is more likely to live in California than any other state
Lifestyle

Even wealthy millennials are on the hunt for homes in more affordable areas, and it shows just how expensive housing in America has become

Even wealthy millennials are on the hunt for real-estate markets that are more affordable, according to a new report by Coldwell Banker. Some can’t afford new construction properties, so instead of giving up on their dream location, they’re buying fixer-uppers in desirable areas. It shows just how expensive housing in […]
Even wealthy millennials are on the hunt for homes in more affordable areas, and it shows just how expensive housing in America has become
Lifestyle

Wealthy millennials want homes that are within walking distance of their social lives, and it’s redefining how they’re thinking about traditional luxury locations

Millennial millionaires focus on walkability when buying luxury real-estate, according to a new report by Coldwell Banker. It’s all about convenience – they want to be close to the action near people, shops, fitness facilities, and cafes. Rich millennials are redefining what a good location means in real estate: Instead […]
Wealthy millennials want homes that are within walking distance of their social lives, and it’s redefining how they’re thinking about traditional luxury locations
Lifestyle

Nearly half of America’s millennial millionaires live in California, and it highlights just how strong the relationship between tech, money, and real estate is

Almost half of America’s millennial millionaires live in California, according to a new report by Coldwell Banker. These millennial millionaires are mostly based in Silicon Valley, and it highlights the relationship between tech, wealth, and real estate. But as the number of Silicon Valley millionaires grows, it contributes to the […]
Nearly half of America’s millennial millionaires live in California, and it highlights just how strong the relationship between tech, money, and real estate is
Lifestyle

The top-rated hotel of 2019 is a swanky Beverly Hills spot that just dropped $22 million on a redesign. The manager says they have used 3 key strategies to capture millennial interest.

The SLS Beverly Hills was recently named the top-rated hotel by travellers in Condé Nast Traveller Readers’ Choice Awards. The award comes on the heels of the 10-year-old hotel’s $US22 million guest room renovation. Business Insider spoke to the general manager of the SLS, Christophe Thomas, who has nearly 30 […]
The top-rated hotel of 2019 is a swanky Beverly Hills spot that just dropped $22 million on a redesign. The manager says they have used 3 key strategies to capture millennial interest.
Lifestyle

The NYC woman who’s getting paid $5,000 to fix clients’ dating apps says millennials are the worst at flirting — and that’s where ‘ghost bantering’ kicks in

Older generations have nailed down one aspect of dating apps that millennials haven’t: flirting, according to Amy Nobile of New York City-based dating concierge service Love, Amy. Because millennials grew up with technology and dislike phone calls, they don’t know to articulate flirting, Nobile told Business Insider. They have also […]
The NYC woman who’s getting paid $5,000 to fix clients’ dating apps says millennials are the worst at flirting — and that’s where ‘ghost bantering’ kicks in
Lifestyle

The top 10 ZIP codes where America’s wealthiest millennials live, ranked

Most of America’s millennial millionaires live in California ZIP codes, according to a new report by Coldwell Banker. These ZIP codes mostly stretch across Silicon Valley, highlighting the relationship between tech and wealth. Only two ZIP codes aren’t in California – one in Maryland and one in Michigan. Visit Business […]
The top 10 ZIP codes where America’s wealthiest millennials live, ranked
Lifestyle

Wealthy millennials are more likely to be married than the rest of their generation — and it shows how critical a role money plays in traditional life milestones

Millennial millionaires are nearly three times as likely to own homes and nearly twice as likely to be married as typical millennials, according to a new report by Coldwell Banker. This disparity highlights money’s critical role in achieving today’s milestones. In a time when housing and wedding costs are sky-high, […]
Wealthy millennials are more likely to be married than the rest of their generation — and it shows how critical a role money plays in traditional life milestones
Lifestyle

America’s student-loan debt is so bad that Ashton Kutcher produced a new reality-TV show tackling the issue, and it gets a few things right about millennials and money

“Going From Broke,” a new reality-TV show that tackles student-loan debt, highlights just how bad America’s debt crisis really is. The episodes feature indebted millennials and their financial progress after getting advice from a financial expert. While it is reality TV, the show gets a lot of things right about […]
America’s student-loan debt is so bad that Ashton Kutcher produced a new reality-TV show tackling the issue, and it gets a few things right about millennials and money
Tech

Millennials love plants so much they’re convincing tech companies to replace office artwork with ‘living walls’

Tech companies are increasingly installing greenery, particularly living walls, in offices and retail spaces. Apple became one of the latest adopters of this trend with two living walls in its redesigned Fifth Avenue store. These installations are primarily driven by millennials’ propensity for plants and wellness. Visit Business Insider’s homepage […]
Millennials love plants so much they’re convincing tech companies to replace office artwork with ‘living walls’
Lifestyle

The top 10 states where America’s wealthiest millennials live, ranked

Most of America’s 618,000 millennial millionaires live in 10 states, according to a new report by Coldwell Banker. Almost half of them live in California, home to the most millennial business owners and real estate investors. All states but one are located on the coast. Visit Business Insider’s homepage for […]
The top 10 states where America’s wealthiest millennials live, ranked
News

Chick-fil-A has a new sit-down dining option to win over millennial parents

Chick-fil-A is launching Dine-In Mobile Ordering across the US, allowing customers to order their meals to be delivered directly to their tables instead of waiting in line or picking up at the counter. The chain’s mobile app now offers an option for dine-in, sit-down service. Chick-fil-A executives told Business Insider […]
Chick-fil-A has a new sit-down dining option to win over millennial parents
Markets

Millennials are swamped in debt, and it’s not just student loans

Millennials are swamped in all kinds of debt, a new survey from Insider and Morning Consult has found. The survey is part of Insider’s new series, “The State of Our Money,” which looks at financial health among Americans. Mortgage is their biggest debt – half of respondents with a mortgage […]
Millennials are swamped in debt, and it’s not just student loans
Strategy

The 15 hottest office trends of 2019

Digital business publication FitSmallBusiness released a report on 15 millennial workplace trends. Some hot trends include sustainability programs, gender-inclusive bathrooms, and corporate retreats. Company “Summer Fridays,” or closing offices early at the end of the week so employees can enjoy longer weekends, saw a 9% increase between 2018 to 2019. […]
The 15 hottest office trends of 2019
Lifestyle

Traditional country clubs with their no-jeans dress codes and formal dining options are failing to attract millennials — but clubs are making 5 keys changes to pull in a younger clientele

Millennials aren’t as interested in joining country clubs as their baby-boomer parents were. The “brokest generation” can’t afford the membership dues, doesn’t particularly enjoy playing golf, and isn’t into the stuffy and nondiverse reputation of traditional country clubs,Kelsey Lawrence reported for CityLab. Country clubs are evolving in order to attract […]
Traditional country clubs with their no-jeans dress codes and formal dining options are failing to attract millennials — but clubs are making 5 keys changes to pull in a younger clientele
News

Aussie CEO John Winning has roasted his own generation’s work ethic, saying millennials that don’t run from hard work are ‘few and far between’

The chief executive of appliance retailer Winning Group has railed against the poor work ethic of Millennials and warned of another “huge correction” in financial markets, as social media-influenced consumers rack up debt and live beyond their means. “People are expecting more than what they put in. Some of the […]
Aussie CEO John Winning has roasted his own generation’s work ethic, saying millennials that don’t run from hard work are ‘few and far between’
Lifestyle

A 36-year-old New York lawyer who makes $270,000 says he lives off rice and beans so he can save 70% of his salary. He’s part of a growing movement of pinching pennies to retire early.

A Manhattan corporate lawyer earning $US270,000 a year told Suzy Weiss of the New York Post that he lives on rice and beans so he can retire early. He’s one of an increasing number of millennials trying to join the so-called FIRE community, Weiss wrote. Successful early retirees have told […]
A 36-year-old New York lawyer who makes $270,000 says he lives off rice and beans so he can save 70% of his salary. He’s part of a growing movement of pinching pennies to retire early.