We Made Them that Way

That’s right. We did this. Who is “we”? Well, both Boomers and Gen Xers have Gen Y children, so both are responsible. We have raised them primarily during times of easy access to finances, so they are not used to either holding back or cutting back. Whether it was out of guilt from the Boomers’ workaholic lifestyle or overcompensating for our own independent lives, the Boomers and the Gen Xers have doted on Gen Y since the moment they were born. We’ve given them just about everything they could ask for and many things they would never have thought of if we hadn’t presented it to them. We mean, how many Boomers and Gen Xers had hundreds of dollars spent on one of their birthday parties? Anyone? Oh, yes two of you, there in ...

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