Up to 63% admit that they use their savings to travel, eat and exercise instead of planning for retirement or planning for the future.
According to a 2016 study conducted by a marketing research firm in collaboration with Airbnb, the current generation Y is prioritizing travel rather than saving money on buying a home, car, or even paying debt.
In fact, more than 70% of Generation Y feel that tourism is an essential part of their being. But as a person who was so familiar with the tourist lifestyle when I was in my twenties, I can attest that even though traveling around the world sounds attractive, the answer that generations He was searching again, unable to find the bottom of the suitcase.
In fact, instead of making a clear point of view, tourism is just a distraction, making people free from more stressful, urgent things, less fun, and making them avoid heavy things. masonry, necessary for a happy life. Or to put it more simply, they need to learn business, gain important life skills and accept the delays of pastimes. In other words “grown up” has become a strange term.
I think that Generation Y should not be integrated into the pattern of our generation. And don’t become like the kids in Stanford’s marshmallow experiment. Instead, Generation Y should build their home before they fly because if not, they’re simply looking for a reward without much effort, so when they go home, that’s it. is an unstable platform.
Making money hard to experience the beauty of many places seems to be an interesting experience, but as a result, Generation Y is building less equity, not only in financial investment but also in social capital. . According to a 2007 Merrill Edge report, only 36% of Generation Y admitted to saving their annual salaries. Up to 63% admit that they use their savings to travel, eat and exercise instead of planning for retirement or planning for the future.
In addition, the Y generation does not want to settle down but prefer a nomadic, non-binding lifestyle, which hinders the ability to connect and control future job prospects.
You can have a free lifestyle, but only when you have a foundation – through the discipline skills that helped me build and assert myself to keep up the job. Trips without purpose, unrelated to building life skills or earning a business are not able to increase their value to others or do not generate tangible returns for investment. development.
Invest in yourself, in your future, determine the best place to go forward as a generation Y, settle down and enjoy the adventure once you have the foundation. This process does not take as long as you think. Tourism has many benefits, including exposure to many different cultures, and it is not something that can be measured. However, traveling in your twenties before the process of having a stable foundation is simply that you are procrastinating a better life.
Mai Lam
According to Economic Life / Forbes
Ricky Head is Editor in Chief and Publisher of VietShowNow. He brings over 20 years of experience as a columnist, reporter, and photo journalist. In addition to concert coverage, he is a Content Creator, Writer, Photographer, and Videographer based in Seattle, Washington, and he photographs hundreds of concerts, festivals, and events each year. He takes pride in providing rich, high-quality images at a rapid pace.
- Ricky Headhttps://www.vietshownow.com/author/head/
- Ricky Headhttps://www.vietshownow.com/author/head/
- Ricky Headhttps://www.vietshownow.com/author/head/
- Ricky Headhttps://www.vietshownow.com/author/head/
