This also applies to many white collar professionals earning over 100k.
I thought the average American was in debt. Things must be getting better over there
Gratification is the new thing. Drinking and smoking are priorities. New cars and hand bags. Not property. Then blame the government why they don't have enough cash for a home!!
The system has been rigged for a while ... worth reading some of the theories behind what is facing the millennials and also what is facing some our kids who presumably are not yet millennials.
Low starting salaries, high cost of useless degrees, many entry levels jobs can be automated or outsourced away, costs of wars being fought, transfer of wealth to rescue banking systems at the cost of education and health...
Handbags, cars, drinking and smoking type comments are just distractions which convince us that the system is ok, but these are problems of self entitled kids.
Depressing reading:
Millennials: the trials of Generation Y | The Guardian
Aw, poor Millennials. Living such a hard life, so many trials. Poor babies, can't just stay inside watching TV all day.
WHen I was a kid I had to walk 10km to school barefoot in the snow
(I didn't read the article obviously )