Generation Y's steep financial hurdles: Huge debt, no savings on USAToday

A new generation, you have heard about them, Generation Y.

These teens and twenty somethings have the get-it-now, pay-for-it-later mind-set. They want and acquire expensive high-tech gadgets and added credit card debt onto student loans.

Read entire article on USAToday.com

Is there any such thing as a paper trail these days?

Remember when you looked up the shows you wanted to see in the "TV Guide"?

Exams were not given online

Your friends phone numbers were in a large phone book, listed under their parents name, because that is who paid the phone company.

You went to the library to find out information

The paperboy delivered the news.

Generation Y becoming more visible

We heard the rumors that 'they' were coming. We were not sure about the whole situation-- when 'they' would hit the workforce.

Well, 'they' are here. Slowly but surely, the Gen Y worker has started to influence the workplace. As the gradual flow of new, eager employees start occupying positions within companies, it will be obvious that the generations will need some guidance on how to improve the 'Generation Soup' that is now brewing.


Recognition of ‘Now what’ hits many companies facing a new generation as new employees. This generation is widely available for new hire and provides many qualified and ‘ready to work’ individuals. Gen Y employees have new ideas, fresh perspectives and a different attitude adding to the mix a wave of cultural differences.


Generation Soup provides a source of information and understanding of the generational merge within a company, making the transition smooth and productive. This workshop provides everyone utensils allowing the company to gain for years to come.

http://www.genaffex.com/

Gen Y Profile

Gen Y Profile

Author: Sparxoo

The Profile of Gen Y
The Hillz, working in pajamas, wall posts, Obama, avatars, and an aversion to vowels are just a few of Gen Y's favorite things. At the beginning of the new millennium, there was a lot of hubbub about this new generation: the up and comers with tremendous amount of spending influence, a completely new world-view and what Gen X might call, the new kids on the block.
With Boomers retiring at the rate of one every ten minutes (nearly 64 million by the end of the decade) and Gen X moving onward and upwards, Gen Y were the young, fresh faces. They dressed differently (customizable kicks) , didn't like the 9-5 way of thinking and couldn't give you eye-contact because they were busy texting about you to their friend in Bangladesh, which they will then post on their virtual wall. Gen Y is quickly transforming the workplace and marketplace in a very big, customizable way.
They've been called Echo Boomers, Millennials, the Net Generation, Generation Y, but because brevity is of great importance, let's go with Gen Y. (Though a Wikipedia search for Millennials will re-direct to the Generation Y page, there is a difference-albeit subtle. A Millennial is between the ages of 8 and 27, making their birth years between 1982 and 2001.)
To understand the mindset of Gen Y, you have to understand the environment into which they were born. Gen Y came of age during a time that saw unprecedented economic growth (late 1990s)-shaping their expectations of themselves and the world around them. Though the birth years vary, the accepted range is from 1980-1999. The math makes them between 10 and 29 and nearly 25% of the U.S. population.
They are more tech-savvy, family-centric, flexible, non-conforming and attention-getting than their parents and are greatly changing the way we do business. In the upcoming days, we are going to post a series of articles that discuss the many facets (marketing, workplace, mentality, trends) that make Gen Y powerful buyers, thinkers and movers and shakers.


Article Source: http://www.articlesbase.com/business-articles/gen-y-profile-832322.html

About the Author
Sparxoo is a business blog that inspires breakthrough by tomorrow’s leaders. We are a strategy consulting firm with a pulse on marketing, branding, and development. See our talented team of experts and our parent company dCap Advisors.

Interview with a Generation Y Expert - Lindsey Pollak

Some agree and some disagree. I have read a lot comments that generations make online usually about the articles out there. On first impression and in my opinion. The older generations , Gen X and Boomers, usually agree with what is out there, but also don't comment as often as the younger generation. Gen Y seems to be very opinionated about the surge of articles written these days. Some agree and some are very defensive. Maybe rightly so.

It has been called "Dueling Age Groups" "Multi Generational workers" "Generational Issues" "Generational Bridges"

But that is not all, there are names for each Generation:
Baby Boomers - Hippies, Yuppies. Idealist

Generation X - Reactive

Generation Y - Millennial, Techies

Generation Soup Workshops coming soon! If you have any questions please contact us

A workshop for all generations working together!