Quote:
Originally Posted by Dion
I hope the current generation learns from our mistakes. What I see and read in the news doesn't give me much hope on that.
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This is only one article, but it indicates that Gen Y are becoming disciplined savers:
http://www.cnbc.com/id/100779725
Quote:
The youngest U.S. adults are shown in survey after survey to be conscious that the American Dream is no longer a guarantee, and that knowledge seems to have made them better savers, more risk averse and more worried about their retirements than their parents or their grandparents.
[...]
George Walper, president of Spectrem, attributes both the millennials' financial conservatism and their awareness of the world around them to two landmark events, "September 11, 2001 and 2008," he said. The terrorist attacks and the onset of the recession at once opened them up to the world and caused them to protect their futures.
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