Comments on: New financial data highlights generational rifts http://blog.penelopetrunk.com/2007/05/31/new-financial-data-highlights-generational-rifts/ Advice at the intersection of work and life Thu, 09 Feb 2012 14:26:03 +0000 hourly 1 http://wordpress.org/?v= By: Volkswagen Super Bowl ad is an anthem to Gen X http://blog.penelopetrunk.com/2007/05/31/new-financial-data-highlights-generational-rifts/comment-page-1/#comment-242765 Volkswagen Super Bowl ad is an anthem to Gen X Fri, 04 Feb 2011 12:05:58 +0000 http://blog.penelopetrunk.com/2007/05/31/new-financial-data-highlights-generational-rifts/#comment-242765 [...] when Generation X will have the largest buying power in the consumer market. We are at our highest earning power, which, admittedly, is not impressive, but earnings are all relative, and people are discriminating against the Baby Boomers because of [...] [...] when Generation X will have the largest buying power in the consumer market. We are at our highest earning power, which, admittedly, is not impressive, but earnings are all relative, and people are discriminating against the Baby Boomers because of [...]

]]> By: What generation are you part of, really? Take this test. | Penelope Trunk’s Brazen Careerist http://blog.penelopetrunk.com/2007/05/31/new-financial-data-highlights-generational-rifts/comment-page-1/#comment-240365 What generation are you part of, really? Take this test. | Penelope Trunk’s Brazen Careerist Sat, 01 Jan 2011 23:08:23 +0000 http://blog.penelopetrunk.com/2007/05/31/new-financial-data-highlights-generational-rifts/#comment-240365 [...] still will be baby boomers who are indignant at being lumped with the delusional, self-centered, money-hungry baby [...] [...] still will be baby boomers who are indignant at being lumped with the delusional, self-centered, money-hungry baby [...]

]]> By: Brady http://blog.penelopetrunk.com/2007/05/31/new-financial-data-highlights-generational-rifts/comment-page-1/#comment-233256 Brady Mon, 11 Oct 2010 20:40:03 +0000 http://blog.penelopetrunk.com/2007/05/31/new-financial-data-highlights-generational-rifts/#comment-233256 Perhaps there's a way to achieve both financial success and time for other things you love? If your hourly rate exceeds the cost of delegating things like housekeeping to a <a href="http://www.maiddenver.com" rel="nofollow">maid</a>, then those economics work. Perhaps there's a way to achieve both financial success and time for other things you love? If your hourly rate exceeds the cost of delegating things like housekeeping to a maid, then those economics work.

]]> By: Change Agency - Advocating a better education system for the 21st Century. » The Next Generation of Principals http://blog.penelopetrunk.com/2007/05/31/new-financial-data-highlights-generational-rifts/comment-page-1/#comment-139400 Change Agency - Advocating a better education system for the 21st Century. » The Next Generation of Principals Sat, 29 Mar 2008 17:04:58 +0000 http://blog.penelopetrunk.com/2007/05/31/new-financial-data-highlights-generational-rifts/#comment-139400 [...] X that I’ve read in a long time, Penelope Trunk (Brazen Careerist Blog), describes this as a change in “the American Dream”: The shift is in the definition of the American Dream. Our dream is about time, not money. No [...] [...] X that I've read in a long time, Penelope Trunk (Brazen Careerist Blog), describes this as a change in "the American Dream": The shift is in the definition of the American Dream. Our dream is about time, not money. No [...]

]]> By: Karla http://blog.penelopetrunk.com/2007/05/31/new-financial-data-highlights-generational-rifts/comment-page-1/#comment-106508 Karla Sun, 19 Aug 2007 17:44:38 +0000 http://blog.penelopetrunk.com/2007/05/31/new-financial-data-highlights-generational-rifts/#comment-106508 Perhaps what people should really be searching for is 'balance'. I know some post WWII parents who literally worked themselves to death (i.e. heart attack). But now I look at France and see that they must import workers to support an upper class of 'drones'. A healthy mixture of both may be best. And one more thing... "it isn't work if you like doing it"... get a job you enjoy. Perhaps what people should really be searching for is 'balance'. I know some post WWII parents who literally worked themselves to death (i.e. heart attack). But now I look at France and see that they must import workers to support an upper class of 'drones'. A healthy mixture of both may be best. And one more thing… "it isn't work if you like doing it"… get a job you enjoy.

]]> By: Modite - Engagement for the next generation http://blog.penelopetrunk.com/2007/05/31/new-financial-data-highlights-generational-rifts/comment-page-1/#comment-105657 Modite - Engagement for the next generation Mon, 06 Aug 2007 14:59:33 +0000 http://blog.penelopetrunk.com/2007/05/31/new-financial-data-highlights-generational-rifts/#comment-105657 [...] Generation Y is skeptical of marriage. Our parents had the highest divorce rate out of any other generation. After observing such rifts we want to get it right to avoid the [...] [...] Generation Y is skeptical of marriage. Our parents had the highest divorce rate out of any other generation. After observing such rifts we want to get it right to avoid the [...]

]]> By: Taylor Sikora http://blog.penelopetrunk.com/2007/05/31/new-financial-data-highlights-generational-rifts/comment-page-1/#comment-104844 Taylor Sikora Wed, 25 Jul 2007 23:39:36 +0000 http://blog.penelopetrunk.com/2007/05/31/new-financial-data-highlights-generational-rifts/#comment-104844 Very pretty design! Keep working. Go on! Very pretty design! Keep working. Go on!

]]> By: Riley Issacson http://blog.penelopetrunk.com/2007/05/31/new-financial-data-highlights-generational-rifts/comment-page-1/#comment-104793 Riley Issacson Wed, 25 Jul 2007 12:08:12 +0000 http://blog.penelopetrunk.com/2007/05/31/new-financial-data-highlights-generational-rifts/#comment-104793 Very useful information was found here, thank you for your work. Very useful information was found here, thank you for your work.

]]> By: Baby Boomer versus Gen X: Which Would You Rather Be? » B2B MarCom Writer Blog http://blog.penelopetrunk.com/2007/05/31/new-financial-data-highlights-generational-rifts/comment-page-1/#comment-104120 Baby Boomer versus Gen X: Which Would You Rather Be? » B2B MarCom Writer Blog Mon, 16 Jul 2007 21:07:36 +0000 http://blog.penelopetrunk.com/2007/05/31/new-financial-data-highlights-generational-rifts/#comment-104120 [...] I identify with Gen X – especially the part about working fewer hours and living the life I want now, versus waiting until [...] [...] I identify with Gen X – especially the part about working fewer hours and living the life I want now, versus waiting until [...]

]]> By: Andrey http://blog.penelopetrunk.com/2007/05/31/new-financial-data-highlights-generational-rifts/comment-page-1/#comment-89288 Andrey Thu, 14 Jun 2007 09:08:55 +0000 http://blog.penelopetrunk.com/2007/05/31/new-financial-data-highlights-generational-rifts/#comment-89288 Penelope, I'm not a specialist in statistics and happiness, but let me put my two cents about it. The statistics of the X and Y generations doing better in 'keeping families together more than twice effectively as our parents did' cannot be applied properly right now. Let's wait for a couple of tens of years to let the statistics get even, to let all the new generations live as long as 'our parents'. Here should also be applied another kinds of statistics: of health condition; ecology; threat of nuclear war for 'our parents' generation or other global disasters that can impact your divorce statistics; number of born children; suicides; alcoholic and drug edicts; number of criminals, pedophiles and other culprits; and depression of representatives of different generations - to make a conclusion of happiness. I'm almost sure that the value 'to take time' will not the help much the new generation fulfilling. Let's for instance have a look at other nations. Korean's: start work hard since they are 4! They are strictly taught to be disciplined since that age. But they are the one of the happiest nations in the world. Why? They worked so much that when they were 20-30-something, that now they sell all over the world their cars at prices equal to German! They travel with their families all over the world and happy seeing many places! They have got families with many happy children (not just a child as usual for X or Y)! They know what they want, and this is not just 'taking time', and the world respects them! Thus, they are happy, successful and with their large strong families! In my opinion, what we can see proves that happiness or fulfillment is not in just taking time. It's somewhere beyond. * * * * * <em>Andrey, The statistic about divorce rates is generation X, not generation Y. Generation X is in their 40s. We have enough data to know. Gen x divorce rates are less than half those of baby boomers.</em> <em>The research about what makes people happy -- across borders and cultures -- has to do almost 100% with personal relationships and level of optimism. I write about this research constantly on this blog. Divorce rate is integral to the personal relationships part of the equation. This is why gen X has had such a strong focus on keeping marriages together.</em> <em>Penelope</em>   Penelope,

I'm not a specialist in statistics and happiness, but let me put my two cents about it.

The statistics of the X and Y generations doing better in 'keeping families together more than twice effectively as our parents did' cannot be applied properly right now. Let's wait for a couple of tens of years to let the statistics get even, to let all the new generations live as long as 'our parents'.

Here should also be applied another kinds of statistics: of health condition; ecology; threat of nuclear war for 'our parents' generation or other global disasters that can impact your divorce statistics; number of born children; suicides; alcoholic and drug edicts; number of criminals, pedophiles and other culprits; and depression of representatives of different generations – to make a conclusion of happiness.

I'm almost sure that the value 'to take time' will not the help much the new generation fulfilling.

Let's for instance have a look at other nations.
Korean's: start work hard since they are 4! They are strictly taught to be disciplined since that age. But they are the one of the happiest nations in the world.
Why?

They worked so much that when they were 20-30-something, that now they sell all over the world their cars at prices equal to German!
They travel with their families all over the world and happy seeing many places!
They have got families with many happy children (not just a child as usual for X or Y)!
They know what they want, and this is not just 'taking time', and the world respects them!
Thus, they are happy, successful and with their large strong families!

In my opinion, what we can see proves that happiness or fulfillment is not in just taking time. It's somewhere beyond.

* * * * *

Andrey,
The statistic about divorce rates is generation X, not generation Y. Generation X is in their 40s. We have enough data to know. Gen x divorce rates are less than half those of baby boomers.

The research about what makes people happy — across borders and cultures — has to do almost 100% with personal relationships and level of optimism. I write about this research constantly on this blog. Divorce rate is integral to the personal relationships part of the equation. This is why gen X has had such a strong focus on keeping marriages together.

Penelope

 

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