http://news.nationalpost.com/life/mi...llionaire-says
Quote:
They may have graduated during the Great Recession with poor job prospects and outrageous student loans, but that doesn’t matter. There’s one explanation for why millennials have been slow to buy homes: avocado toast. At least that’s what Australian millionaire and property mogul Tim Gurner told his country’s “60 Minutes,” in comments that are being widely mocked around the internet.
“When I was trying to buy my first home, I wasn’t buying smashed avocado for $19 and four coffees at $4 each,” Gurner said.
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Just unbelievable how out of touch people are, especially when they taste a bit of success.
All around the internet I see financial literacy education (interest rates, saving, lines of credit) being touted, but I really think the best type of education is teaching people how to develop extra income streams.
Noone ever got rich by saving.