Comments on: Why isn’t Generation Y saving any money?

By: Tips for Generation Y on How to Co-exit Harmoniously in your Workplace | youngandthrifty.ca

Mon, 15 Aug 2011 15:02:09 +0000

[...] Generation Y also are an entrepreneurial bunch. I think this stems from wanting to live a life where we aren’t in the rat race for 30+ years. Generation Y are the geniuses behind many start up internet companies, let alone start up companies in general. We tend to live and breathe instant gratification, which is probably why we aren’t saving any money. [...]

By: Random Links from Last Week | 101 Centavos

Random Links from Last Week | 101 Centavos — Sun, 14 Aug 2011 12:39:10 +0000

[...] and Thrifty: Why Isn’t Generation Y Saving Any Money? Several reasons, as it turns out, and none of them good [...]

By: young

young — Wed, 03 Aug 2011 06:47:57 +0000

@101 Centavos- Thats true. However, when you have kids, you have to put money into their RESPs, raise them, pay of the mortgage. I think retirement is put on the backburner because life happens and it’s hard to think about retirement at any time, I think, unless you are maybe in your 40′s.

By: 101 Centavos

101 Centavos — Tue, 02 Aug 2011 10:43:36 +0000

Agree w/ Kellen. In your 20′s, retirement seems waaaaay off in the distant future.

By: Are you fatty and spacious? « Accountant by Day

Are you fatty and spacious? « Accountant by Day — Sun, 31 Jul 2011 15:07:03 +0000

[...] Young and Thrifty mentioned a post this week that she thought did not get enough attention when it was posted, and I agree. Why isn't Generation Y saving any money? [...]

By: young

young — Sun, 31 Jul 2011 00:42:22 +0000

@Kellen- So true… I admit that sometimes I feel that way myself too- that if things turn for the worse, I know my parents have my back (though I definitely shouldn’t think this way!)

By: Kellen

Kellen — Fri, 29 Jul 2011 14:06:23 +0000

There just seems to be so much *time* between now and retirement. Also, I know that we are the generation with “helicopter” parents, who step in and fix things for us all through college (not true for everyone, but it’s a common phenomenon these days.) So upon entering the “real world” of work, we know we still have that safety net if we need it.

By: My 7 Links Project | youngandthrifty.ca

My 7 Links Project | youngandthrifty.ca — Thu, 28 Jul 2011 06:28:39 +0000

[...] first six months of blogging? If I had to pick one, it would be the post on why, in my opinion, Generation Y isn’t saving any money. I even spent the time to draw a piggy bank on microsoft Paint (I think that in itself makes this [...]

By: Property Tax Deferral For Young Families A Good Idea? - Canadian Finance Blog

Property Tax Deferral For Young Families A Good Idea? - Canadian Finance Blog — Thu, 04 Mar 2010 13:09:21 +0000

[...] people to borrow more money from the government. In my opinion, they seem to be encouraging young people to continue to live the lavish lifestyle they currently lead. Also, they haven’t released the rates they plan to charge you [...]

By: Get Out of Debt Carnival – February 17, 2010

Get Out of Debt Carnival – February 17, 2010 — Wed, 17 Feb 2010 10:25:58 +0000

[...] presents Why isn't Generation Y saving any money? posted at youngandthrifty, saying, "Originating from a post by Studenomics, a post detailing the [...]