Pros And Cons Of Millennials

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Millennials have been said to be a “revolutionizing” generation. The “American Dream” of most millennials have been transformed from owning a house and starting a family to getting multiple degrees or specialties to essentially become financially stable or to achieve whatever ambitious goal they have. Many millennials ages from 19- 30 are more commonly living in their parents houses while pursuing their collegiate education and the adventures they may seek. A vast number of millennials are more concerned with their own well-being and success rather than being ambitious about purchasing a home in their early adulthood. Millennials priorities can include but are not limited to: getting a college education, taking part in many sources of entertainment, socializing with friends or acquaintances, traveling, seeking adventures, exploring ambitious new challenges, or even relaxing to simply enjoy the moment. These events and activities millennials tend to take part in are seen to be cost efficient, enjoyable, and common. Millennials have a lot of passions for their interests and are willing to invest their hard earned pay checks on their current well being rather than property or a home. Influence is a …show more content…

If a person is financially stable, buying a home is very beneficial due to the potential investment outcomes, gaining independence and self-reliance, understanding economics first hand, gaining experience within the housing and banking industry, realizing the true cost of living and having a family, and to understand how to prioritize their life. These are all very important life lessons millenials and other generations need to understand to become successful and knowledgeable within society, but it is not cheap. Purchasing a home can be said to be the largest purchase of someone’s life. It can be burden, a mistake, a life-costing lesson that sets a person deep into the abyss of accumulating

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