Digital life
fromBustle
1 day agoYou Can Pry This Cheugy Millennial Habit From My Cold, Dead Hands
Millennials prefer making big purchases on larger screens due to trust issues with mobile devices.
#youth-spending
#youth-spending
[ follow ]
#gen-z #social-media #consumer-behavior #millennials #tiktok #technology #marketing #influencer-marketing
Mental health
fromSilicon Canals
19 hours agoPeople who grew up in houses where money was a source of tension often become adults who can afford things comfortably but still feel a small flinch at the register, and the flinch isn't financial anymore, it's a nervous system that never got the memo that the emergency is over. - Silicon Canals
Money anxiety often stems from childhood experiences rather than current financial situations, affecting emotional responses to spending.
#gen-z
Artificial intelligence
fromSilicon Canals
10 hours agoThe AI backlash was always going to come - what nobody predicted was that it would come first from the generation born into the technology - Silicon Canals
Gen Z is increasingly skeptical of AI, with a significant drop in excitement and rising concerns about its impact on their work and creativity.
Psychology
fromSilicon Canals
59 minutes agoPsychology says true class and financial wealth have almost no correlation - some of the classiest people you'll ever meet have very little money, and some of the wealthiest people you'll ever encounter display a set of behaviors that reveal the opposite of class, and the difference between the two comes down to something money can't purchase and poverty can't prevent - Silicon Canals
Wealth does not equate to class; lower-class individuals often exhibit more empathy and generosity than their wealthier counterparts.
Relationships
fromSilicon Canals
12 hours agoI want to say something that my generation rarely says out loud: being tough your whole life doesn't actually protect you from loneliness - it just means you're better at hiding it from everyone, including yourself - Silicon Canals
Being tough can lead to loneliness and isolation, as it prevents genuine connections and vulnerability.
fromABC7 Los Angeles
2 days agoQVC prepares for bankruptcy protection in the era of influencers, TikTok and Temu
QVC Group intends to file for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas after reaching a restructuring agreement with creditors.
Television
Bicycling
fromEntrepreneur
1 day agoHis Business Sells a Nostalgic Childhood Hobby That Gets Kids Off Screens. It's On Track for $12 Million This Year: 'Absolutely Life-Changing.'
Loveland's children's bike business, Early Rider, focuses on balance bikes and achieved $10 million in revenue last year, aiming for $12 million this year.
Writing
fromSilicon Canals
1 day agoWe boomers were handed a very clear script for what a successful life was supposed to look like, and a lot of us followed it - only to find that from the inside, it felt like wearing someone else's coat for thirty years. - Silicon Canals
Following a prescribed life script can lead to feelings of living someone else's life despite achieving traditional success.
#social-media
Social media marketing
fromPsychology Today
2 days agoWhy Are We So Dependent on Social Media?
Social media's addictive design and users' need for identity and community contribute to deep dependence on these platforms.
Media industry
fromTechCrunch
1 day agoSaySo is a new short-form video app that aims to restore users' trust in news | TechCrunch
SaySo is a new app that curates news from vetted creators to combat misinformation and enhance user trust.
Mental health
fromEngadget
3 days agoMost US teens say TikTok, Instagram and Snapchat aren't hurting (or helping) their mental health
Most teens report social media apps like Instagram, TikTok, and Snapchat do not harm their mental health, but some experience negative effects on sleep and productivity.
Psychology
fromSilicon Canals
1 day agoThe forgotten generation isn't the young people struggling to find their place in the world - it's the retirees sitting in fully paid-off houses with lifetimes of experience, waiting for a phone call that the modern world no longer knows it's supposed to make - Silicon Canals
Older adults possess valuable experience but are often overlooked and isolated in contemporary society.
Mental health
fromSilicon Canals
1 day agoNot everyone who avoids looking at their bank account is financially irresponsible. Some people grew up in households where money conversations preceded every serious conflict, and the avoidance is a nervous system trying to prevent a fight that already happened decades ago. - Silicon Canals
Money avoidance often stems from past trauma rather than a lack of financial knowledge or discipline.
Poker
fromFortune
2 weeks agoCredit card delinquencies among millennials and Gen Z have soared because of sports betting-even in states where it's illegal, new Fed study finds | Fortune
Credit delinquency rates have increased significantly among sports bettors, particularly affecting Gen Z and millennials after legalization in the U.S.
Psychology
fromSilicon Canals
1 week agoThere's a generation of people who were praised exclusively for being easy to deal with, and they became adults who genuinely cannot tell the difference between being content and being convenient. The two feelings merged so early that separating them now feels like surgery. - Silicon Canals
A false ground in electrical work symbolizes individuals raised to be easy, appearing fine but lacking true grounding in their own needs.
Careers
fromSilicon Canals
2 weeks agoThe most profound disconnect between boomers and younger generations isn't about avocado toast or laziness - it's that boomers inherited an economy designed to reward time invested, while millennials and Gen Z are navigating one that rewards attention captured, and the skill sets don't translate - Silicon Canals
Generational tension arises from differing economic realities between baby boomers and younger generations, affecting perceptions of work and success.
fromTasting Table
2 weeks agoWhy Boomers Tend To Save More Money On Groceries - Tasting Table
Boomers are far more likely than any other group to be aware of price increases. When prices go up, they cut back on non-essential items and avoid impulse buys, with just 53% succumbing to them.
Fashion & style
Retirement
fromFortune
2 weeks agoGen Z are already more bullish than millennials about early retirement-and many think they can quit work for good with just $500,000 | Fortune
Gen Z and millennials are planning for retirement with ambitious savings goals, but many may face challenges in achieving them.
Psychology
fromSilicon Canals
2 weeks agoPeople who grew up calculating whether they could afford both the drink and the entree before anyone else sat down don't stop doing that math when they earn six figures. The arithmetic isn't financial anymore. It's a loyalty ritual to a younger version of themselves who promised never to be caught without an exit. - Silicon Canals
Child poverty in the U.S. leads to adult poverty more than in Denmark, Germany, the UK, or Australia, with lasting effects beyond financial circumstances.
from24/7 Wall St.
1 month agoDave Ramsey Completely Slams a 20y Old's Plan To Buy A $50K Corvette As Clearly 'Dumb'
In business, when you do anything for appearances, you can write that down under the dumb column. We don't do stuff for... we do things that give return on investment in business, and trying to appear to be something is never a return on investment. Just be the thing.
Bootstrapping
NYC real estate
fromFortune
1 month agoGen Z is defiantly 'giving up' on ever owning a home and is spending more than saving, working less, and making risky investments, study shows | Fortune
Younger generations are abandoning homeownership goals due to affordability crisis, leading to increased spending, reduced work effort, and risky financial decisions.
E-Commerce
fromFortune
1 month agoGen Alpha's economic influence is 'enormous'-From side hustles and bankrolling from their parents, they've surpassed $100 billion in spending power | Fortune
Gen Alpha controls over $100 billion in annual direct spending and influences 42% of household purchases, projecting $5.46 trillion in spending power by 2029.
Marketing
fromCity AM
1 month agoMeet Gen Zalpha: The new generation up-starts reshaping consumer culture
Gen Zalpha, the fusion of young Gen Z and older Gen Alpha, wields significant commercial influence through direct purchases and persuasion over parents, making them a critical target market for brands.
fromHuffPost
2 months agoThere's A Depressing Dating Trend Among Millennials And Gen Z - And It's Hard To Watch
When you add up dinner, drinks and gas or ride-shares, dating can cost a small fortune these days. It's become so expensive that a startling number of Americans are willing to take on credit card debt just to afford it. According to a new "loveflation" survey from online billing site Invoice Home, one in four young Americans would consider going into credit card debt to afford dating someone they really liked.
Relationships
Digital life
fromSilicon Canals
1 month agoPsychology says people who always carry cash even though they rarely use it display these 8 traits-and most of them are connected to a generation that learned the hard way what happens when systems you trusted stop working - Silicon Canals
Cash carriers maintain physical money as insurance against system failures and to preserve spending autonomy, despite having digital payment options available.
[ Load more ]