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Anyone noticed some differences between economic factors during the old times compared to now and how people react to these conditions?

Obviously inflation has made the prices these days a lot more expensive. Maybe this is why the older generation easily got to buy houses and properties. They also had very low to no student debts as well. One thing I noticed is that the older generation are more likely to stay in a work for a lifetime.

But the younger generation tend to go job hopping, switching from one job to the next until they find something perfect for them. The younger generation seems to prioritize a work life balance that is why a lot of them only work from home or work only as freelance.

Are there any characteristics from the older generation you would want the younger ones to learn so they can progress economically?

Many. For one, it seems to me, the younger generation is prone to live beyond their means. That's probably one of the biggest reasons why many young nowadays can't progress economically. Can't even save. They'd rather borrow money to watch a concert than save.  

But I'm not blaming them. In the modern times, there's just so many things to buy, to spend your money on. It isn't like this in the years of old. There wasn't even a movie to watch, no phone to buy. There was even no internet, water, electric bills to pay.

My grandparents and their siblings all built their houses when they got married. Today, their grandchildren's families are growing bigger in rented apartments.

times have changed and that has also affected the way people react to the different economic setting they find themselves in. in the past, there were little to no freelance jobs available and hence, what was possible is just working for companies and institution that are around ones surrounding. that is not the case with the current time where opportunities are even more on the freelance space than what is available in the physical space.

Technology has made the difference such that instead of always going out in search of jobs, you can sit back at the comfort of your home and render services that in the past would have demanded that you go out for such purpose. with the way inflation has risen, it would have been practically impossible to cope with a single physical job like it was the case in the past. a combination of a physical job and a freelance job has become the solution to the economic problem of inflation and that is the only reason why we seems to be doing okay at the present regardless of how worse the global economy has degenerated to.

Nope, both old and young generations are same, there are some people who prioritize work life balance, while the other people prioritize money over everything.

Many, most of them about lifestyle:
1. Old generation cook for themselves and eat healthy foods, the young generation are extravagant, they like to buy unhealthy ready serve meal just because of the taste and the looks
2. Old generation drink black coffee which they made from their home, young generation buy a cup of coffee from cafe which the cost could reach 2x-5x from the cost.
3. Old generation who go to gym only need to wear simple clothes and drink water, young generation wear high end clothes and drink unnecessary expensive whey.

Old generation focus on what they want to achieve, young generation focus on social standard and just want to be "cool person".

imo, these two different generations don't necessarily have to follow similar patterns when it comes to hustling. Things has gotten a lot tougher over the past few years, so you would expect people, especially in this very generation, to restrategize, and try to work as efficient as possible. i don't think it's about sticking to a particular job for a very long time. The world is fast evolving, so people have got to make changes as well.

The only characteristics or attitude that they can keep, is probably trying to minimize cost, and going for things that are important. The inability to minimize cost is probably why most people today end up not saving. The older generation were very good at minimizing, by either saving or buying good assets. That's why we see a lot of older generation passing down something meaningful to these very generation.

The young generation now are the ones progressing economically if you may asked me, during the formal days it was difficult for our forefathers to even build a better house it was only few of them that were able to build good house and the people who had this opportunity then was those that went through education the educated ones then that that went to school and also little of those were into farming and doing small business.
The young generation now are doing wonders there somany good buildings houses owned by this young generation. But when it comes to living longer on earth the old generation was living longer then this young generation.

I've seen many articles and videos about why "the baby boomers made everything worse for Gen Z" and how "the baby boomers were the richest generation and everything went downhill for the next generations". Maybe some of these statements are true, I didn't live in the second half of the twentieth century, so I can't make a proper analysis.
One thing is for sure. The old generations will die and their properties and wealth will be inherited by the young generations. This transition of generational wealth is really important. Yes, inflation sucks, but maybe new technologies like AI will make things easier.
The demographic decline will make things worse, but having less people in a society would mean two things. 1.Increased labor costs. 2.More assets redistributed among a smaller population.

One big reason why the younger generation hop from on job to the other isn't because they are impatient, although some are but it's cause they want to get one that the pay can be good enough for them to be able to meet up the bills and all the rest. You mentioned that in the olden days, it was quite easy for them to purchase houses, pay for bills because the economy was bearable so since it's not the same now, you find them looking for jobs that can enable them work from home to at least cover for the area of transportation.
The only thing is that the younger generation should learn to be as hardworking as the older ones where because some of the youths we see now are so entitled and feel that everything should be handed them.

The overall circumstances, our economic model and job market are ever changing. It has been more dynamic on last 25 years than it ever was. The difference between the priorities, preferences, job and business of new generation are going to be different than the old one.
Another factor to consider is today and next few years would be the toughest time to get a job. There are largest number of young people seeking job than there ever were and ever will be. As more of the todays youth gets integrated in job market, the future job market would be more difficult to predict.
There would be an ever lasting demographic and economic crunch coming in next decade and beyond.
Our lifestyle maybe much different than what we have now in next 20 years.

The older generation is loyal to organisations, that is why they can work for a long period.  But the younger generation focuses on high pay and work flexibility. Due to advancements in technology, younger workers prefer to use digital tools for communication while the older generation finds it difficult.

The new generation prefers a democratic office leadership style where their view or opinion would be considered. The older generation existed in an era when hierarchy of authority was normal, so they are willing to take orders from top management without input.

This generation is opportuned to have diverse avenues to invest. This is different from the old days when real estate, stock, and gold were the main assets. But with the crypto industry and others, the present generation has more options.

One thing we need to understand is that times are different.
If you plan on making a dish and different ingredients are used
They won't taste the same.

The economy then, using after recovery of the Great Depression was better and not filled with debts and inflation encroaching on the economy.
I'm not saying current generation is perfect and doesn't need improvement
What I mean is it wouldn't mean much if the economy and political landscape remains the same.

Like you’ve rightly noticed, times change and so does the models to life or doing a particular form of engagement. In the generations past although not quite, it was much easier to work a job, stay loyal to that job and still have some worth while achievements from it but now, it’s a lot more difficult as, everything is hyper and this generation now understands the need to do several jobs, multitask and that they can develop a tool that if proved useful, they could just sit it out and have it milk the general public for them.
Thats where life has taken this generation now and you can’t convince anyone otherwise. The older generation didn’t have much need for the illegalities that comes with making a fortune even though it’s said that, behind every wealthy home, their is always one big thief, people were more honest back in the day and we need a lot of those honesty now that we’ve got several tools to make truth no much different from lies/fakes.

Thought patterns are indeed one of the things that cannot be avoided because for now most of those who are young are not too fixated on existing conservative thinking and sometimes prefer to look for something new where they want more than just income but also comfort in work which makes this situation very pronounced.

Although in some cases there are also those who still work with full pressure and always stick to the existing system, most of the young people now prefer to be a little more free but not forget the tasks that must be done in the work they are involved in.
So in the end, not a few of the young people who did take a simpler path were not too focused on the old system but they were much more successful even though not all of them were like that but indeed some of those who came out of the old system in fact proved themselves that conservative thinking and the system that had existed for a long time could be changed with perseverance and our own thoughts according to the fashion we wanted to work on.

It's actually a complex situation but in the end we can conclude that regardless of the old conservative-focused system or taking a more modern path with the development of time and technology is actually doable depending on where you want to live and focus on doing it well.

Of course, the difference is quite far between the older generation and the current generation, but I don't care about it even though young people nowadays tend to move from job to job, I always emphasize to my children that they can focus on a field that has long-term opportunities, it is better to be an expert in one field than to have a lot of experience in many fields that makes them a generalist, I think if you have a specialist in certain skills it will be more expensive than just having ordinary abilities like most people, in this case you need to teach the supply and demand of long-term labor to have high value.

The difference in economic behavior is due to a lack of confidence in the prospects. Previously, people could save money and invest in the future. Moreover, to the detriment of their standard of living in the present, now the young do not see the point in this. The meaning disappeared due to uncertainty about the future. Therefore, one should live here and now. Whether this is right or wrong is far from an easy question. Now is the era of the end of capitalism, an era of complete uncertainty. It's like the era of the collapse of the Roman Empire. After that, absolutely the entire European elite changed. There was no one left from the ancient elite. Moreover, what can an ordinary person hope for, even if the most difficult times come for the elite in the coming decades? Therefore, intuitively feeling all this, the new generation lives for its pleasure here and now.

Time has changed, demand patterns have also evolved. I may not blame some younger ones for their excesses since they may not have enough time to portray the level of meticulousness that the older generation showed, unless for extremely detailed ones. Before now, work started by 8AM for a regular adult and ended by 4PM.

In recent times and with the emergence of expertise and greater productivity being the manure of success and the demand for extra efforts to earn more, most young ones like myself start work by 8AM and even until 9PM we are still working, leaving little or no time for you to even eat home cooked foods and enriching the restaurants, unless of course you are married and your wife does the honors. Not to mention that most jobs available to the young ones have little or no security unlike the time of the older generations, thereby leaving them with no option than to work more in other to retain their spot.

Times have changed, there a lot of opportunities which the younger ones would always love to take to advance more in their career and our parents never did so since they were contented with their government jobs and little pays, the younger ones desire more and go extra-miles, of course at the expense of loosing some core disciplines that would have depicted being more economically minded, but the fact remains that they do not have much of an option, a price must be paid to get to the top.

Younger generation was told by Disney, movies, governments and media in general to be entitled to live in an utopian world. Once that didn't happen for real, frustration took place. Younger generation wants everything on the present time, without doing any extra efforts at all. That is how they were raised by the older generations.

Probably the older ones didn't want the young generation to face the same difficulties and challenges they did previously, so they made sure to make life softer as possible for them. However, they couldn't do this in a macro economical level. Then the morals and values of these younglings shocked with the economical reality of the world.

As consequence, you see extremist ideologies gaining adepts among the youngs, while another considerable portion of them just prefer to get alienated from everything to live a material life on its fullest (without having the means to do so).

What I think to be the worst aspect of this, it's the fact we are already living times where services and products' quality is going down, as those younglings are easily manipulated or don't care about anything at all. I don't see satisfaction or happiness on the faces of the people on the streets anymore. It's a strange world when I compare it to how it used to be 15 years ago and before.

I see a lot of people condemning the way the new generation lives. You people talk like they just decided to live life this way. Things have changed, and they have to evolve with it.
We can't even talk about what inflation has done to the new generation enough. If you ask a lot of people I their 20s and 3s today, they earn more money than their parents did when they were at that age, but they can't do half the things their parents achieved with that money. This is because inflation has made things so bad.

Things are too expensive and there are too much bills to pay. Two young people can go on a date in a fancy resturant in the old days and not spend that much, these days going to the cinema with a date can take so much from you. We live in different worlds.
Theres is thisgeneral misconception that people of this generation are lazy, I don't agree with that. They just don't want to work hard jobs for small pay. Since the currency has lost so much value, people now want jobs that can pay more money to meet up with their bills.

Yes there are. I hope the young generations will be more careful in spare their money. Times flies so fast, and everything changed. The young generations seem be more consumptive than the old ones, which is still following the frugal living.

I meant these days young generations seems not care anymore about the long term plan. They worked to get money, but can easily spend their mone for the life style purpose only.

They must take care with the impact of inflation combined with the war that makes everything looks even more expensive, and less job produced in this era.

Actually, there are also lots of young people that are successful now. If only you spend more time in social media, you can see that many of them are business owners now and have improved their life with the help of the technology or the internet. There might still be young people that are like that you said but I'm sure their numbers have declined drastically.
 
I think it is not about the thing but it is still about us if we have a control but back in time, there are already movies. In fact, theatre is popular before than now. There are also phones which are also more expensive than now. Although there might still be no internet that time but the water and electricity were already introduced older than it.

You're making some pretty strange comparisons that seem to ignore all the big changes that have happened in the world over the last few decades. The internet has brought people together like never before and allowed people on the other side of the world to do office/admin jobs for cheaper at an unprecedented scale. Everyone knows that the best way to increase your salary through your career is generally moving jobs, because companies allow the salaries to stagnate for long term employees. Everyone complains about house prices but you'd think that older generations got handed it on a silver platter the way it's described - nope, they paid off mortgages over 25 years just like the younger generations have to do today, with slightly different dynamics (lower interest rates but also lower wages). Pretty sure that older people tried to maintain a good "work life balance" as well, whatever that means, they went through many of the same or very similar events on their way towards retirement.

I have noticed, that younger generation that work 9 to 5, at 5:01 are already not in the office. Whenever something require spending extra, that is never paid, they leave it for tomorrow, even though it will them 5-10min to do. I have faced numerous times when it would be great if something is done today/now, so I could continue me work, answers « I have already turned off my pc» at 4:58-4:59. Those extra 5 minutes at work wont change anything in their life. They will spend them in queue waiting for coffee on a way home anyway. If not paid, they wont stay for extra minute at work. They dont have that feeling of team spirit, and rarely aim for promotion (maybe they think instead of working hard now, they better work for 10 years 5 to 9 and get promotion automatically).

I think that things just got harder and more complicated for the younger generation than the older generation had it. For example to get from point A to point B in the past just required only two points which are AB. But for the younger generation, to get from point A to point B means going through point XYZ. It is not as straightforward as it used to be anymore.

In my estimation, job hopping is just for the money. Are the younger generation being actually more productive that the older generation? Work life balance is good but in terms of mental health wise which generation is more broken. The older or the younger? If you ask me, I would say that it is the younger generation.

Consistency and a simple lifestyle are two things that, in my opinion, make the older generation appear more successful in adapting to changing times. The older generation has excellent financial management, they don't follow trends and strive to avoid excessive consumerism. This is what has led them to achieve financial freedom, unlike the younger generation, who seem to be overly trend following and adopting a glamorous lifestyle.

The older generation also prioritizes having a steady job that guarantees a monthly income, unlike the younger generation, who prefer freelance work. I think these are some of the characteristics easily identified in the older generation, distinguishing them from today younger generation. Another thing is mentality, the older generation seems to have better resilience in various situations, and does not easily complain about the circumstances they face.

Why the older generation are not job hopping as you said is that there was hardly an inflation then and there economy was perfect, everything was mostly working in accordance to the desire of people so this gives a kind of living fulfilment were as anything they got from there salary is sufficient for all the things they would need  but this is contrary to the new generation because everything from old has changed and taking different dimensions so people could no longer follow that part so they have to look for a balance so that economical imbalance will not have an effect on them being the inflation that is why high paying jobs is what everyone tend to look for.

I can see that younger generation these days easily get impatient and lose their interest in their current job, which I think is not a good practice when we are talking long term economic progress here. Although I have to admit they’re being explorative and creative could create an advantage over those old generation, but life isn’t just all about adventures and fantasies, that at the end of the day they have to face the real battles in life straight and firm.

If only they can be more patient and somehow contented on things that already offer them the good things in life, then they won’t have to compromise their brighter future. Old generation are like this, hopefully this new generation would somehow adopt this kind of mindset as well.

Us millennials are the first generation that will live worse than our parents. Of course there's great economic differences.

And it's not just the fact that inflation is getting worse. There's also no end in sight of the jobs situation. Jobs used to be more rewarding in terms of what you could buy afterwsrds. Stagnation in wages form most jobs of course benefits the companies that profit more on our ksbour, but in the end we can't save up anything and can't even buy what we need or make our own plans.

Being resilient and adoptive. I think despite that the houses were more affordable on the older generations. But, they've gone through a lot as well.
From the bubbles, to wars and even gold rushes. That's why if it's about what the newer generations would like to learn.
Then, that's about being resilient and adoptive to the situation that they have. Today, there is a lot of opportunities that we can work with.
With or without internet, only the lazy ones will say that there is not a lot of opportunity. I understand that some particular countries, the opportunities are limited but, we have to find it and it might just be a few walks away if we try to look for it. Some will find us if we're skillful and experienced.

We are no longer in the time of old and we can't expect to turned down the hand of time to work in our favor or unlearn to learn things we didn't know before, let me surprised you; Don't be sure that the money value for then and now can like be the same why?
Because then to gain 200 to $1000 you are actually working or lucky and could cover a whole lots of things, compared to recent generation, they get money easily and there is much stress anymore to make money and you could be at your comfort zone to raise whatever amount you need because money is easily accessible unlike the old you need to work and work to save up such amount. Therefore, then everything where okay and life was very simple compared to now, although even though there are change it wouldn't be that much anymore due how technology has unravel lots of things out there.

There are some differences in opportunities between the older generation and the new generation. It is certain that the people of the present day do not get the same opportunities that the people of the old generation got. Especially before the value of money was high. At that time, the job security of people was more. People's life was not very expensive. They did not have to go through the housing crisis. What about the younger generation? Especially the increase in the cost of living due to inflation has had a negative impact on every place. However, there are also quite a few differences between the people of that time and the people of the present day.

Generally, people of the previous generation were very patient. They did not change their jobs frequently. But the people of the present day change jobs very quickly. If they stay in their jobs for a long time, their knowledge and skills can increase.

The older generation used to build wealth slowly. But the people of the present day do not have such qualities. The young generation wants how to get money quickly. In which direction I think the older generation should be followed.

Moreover, the previous people were more concerned with doing something permanent, but the current generation is more motivated to invest in such platforms or businesses that can make a quick profit.

Some positive trends have been seen among the youth of this era, especially their technological knowledge is much higher. The new generation of people are comfortable and give priority to their freedom in all areas. It is certain that if we analyze both the new and the old, if we can accept the good aspects and move forward, then it will definitely be profitable.

The difference is time and mismanagement. Our leaders have sold us already, which is why the desperation this time is higher than before.
 
Inflation is a fact, but it is just one of the factors. Though it varies from country to country, the general economy of most countries is not good, and it is causing issues for this generation. You can't easily buy a car, own a house or get any good things that were easily gotten in the olden times.

For me, there is nothing new under the sun. Like my aged father used to say, there's no time when money-making is easy, inflation is the major issue. Be it freelancing, moonlighting, or switching jobs, they all exist from time immemorial. The only difference is that people may not be as desperate and fighting for survival as we are now.

The older generation are more contented with what they have, they are satisfied with just meeting up with their basic needs, there was no competition to get rich quick, only a few people where very rich and it wasn't a problem for the poor. In this generation there is too much competition, everybody wants to live in the best houses in choice areas, drive expensive cars and go on vacations. The new generation are more innovative, they want to break barriers and attain greater heights which the reward is money. Many if the new generation don't have the means to enjoy life like the rich and they will do everything possible to get money. To rate of crime has increased since the creation of the internet, cyber frauds have become a normal thing, people get scammed every second if the day.

honestly i think that the younger generation is just more outspoken about their struggles compared to the older generation where we were taught to never show any kind of weakness but i will agree that some youngsters nowadays are too sensitive and very easy to give up when met by challenges

Culture is what I want to be preserved. Japan has got some culture preservation and they're good at it. But I think not all countries are having this. The new generation today won't care with what's with the culture and tradition that has been kept for generations. It's okay for them to change it because we're already in the modern days but I think, we have to look back from our roots and we need to respect that. It's just sad that even in the attitude of having good manners, this culture is starting to be seen gone for most young generations. The preservation of it isn't kept. Yes, they're good workers and very efficient but there's a lot of difference from the past compared to this day. They'll just reason out "don't live in the past".

Of course, everyone is aware of this.
I still remember how low the prices of gold and land were 15 or 20 years ago, but now they're incredibly expensive. It is clear that this is all due to inflation, the currency is losing its value.

Not all older generations are stuck in one job, some also change jobs for various reasons. Economic demands increase over time and if they are stuck in one job long-term, it's important for them to have additional sources of income. Some others are exactly like you said, but they stay in the same job because the income is good enough.

The younger generation demands more. We've seen and experienced the rising cost of goods, and persistent inflation is causing currency to lose its value. Wages aren't increasing and needs are increasing, forcing the younger generation to find suitable employment or perhaps seek additional income sources, even they still remaining in the same job.

The difference between the older and younger generation is wholesome and very clear,the older generation benefitted from low costs while the younger generation is facing high costs, economic downturns and uncertainty, of which they're forced or compelled to adapt to a fast changing economy.

Older generation were programmed to a system of going to school, graduate with certificate, looking for job opportunities, but the system failed making them working for uneducated personal.

Younger generation are extremely versatile in digitalization era where opportunities are many, no certificate required, a 6 months training skill is enough.

The difference is clear, it's very clear.

Did you think the new generation aren't going to school, graduate with certificate, looking for job etc the same thing like what the old generation did? it's the same, younger generation are just unfortunate there aren't many job vacancy on the major they taught.

That's the reason why younger generation are looking for other jobs in online or abroad, if the old generation were lack of job vacancy, I'm sure the old generation would do the same.

Beside inflation, it's the fact that the already well established richer baby boomers are hoarding real estate, etc making housing scarce.

The younger generation tend to job hopping for the most part to seek for better salary, It's not a rare thing seeing people job hopping in the working sector for better wages.
After all that's what it takes for you to become financially better and improve your situation.

I'd say we live in different ages, what works for baby boomer won't necessarily works for millenials and gen z.

The way old people were making it from economic  those days is different from the way the young people are making it this day op, those days you will use small amounts of capital to start a business you will begin to earn income from that business, but you can't try such thing in this young generation because the money will not even reach you to  transport yourself to the market to buy goods,  old times people were enjoying deflation so long because they have good leaders that have concern toward their economic and their citizens, which they will like to do what will benefit the country to increase their economic positively, but leaders of this new generation don't approach what will benefit the citizens and economic, than to focus on how to steal from the government account to enrich their families and cause inflation in the country.

College or university certificates are still important but it's no longer a criteria yo get a job like in the old times. A few months online training can give you a high paying job. Thesw days emphasis are on skills and not certificates.

I Don't know much about other countries but population growth and corruption contributed greatly to the high rate of unemployment. The younger generation are seeking greener pastures abroad because the government has failed to harness the potentials of the growing young population. Government resources have be stolen instead of using it to create job opportunities.

Having a certificate doesn't mean you're qualified. Economically, older generations lived in an era when formal education was directly linked to economic mobility and job stability. Higher education used to be relatively less accessible, but also more affordable. Education was a definite investment that was almost always directly proportional to income. The social value of education was very high, as college degrees were still rare. Boomers, or Gen X, lived through the industrial economy and the early transition to a service economy. This brought a lifestyle more oriented toward stability, asset ownership (land, houses), and steady employment. Education was seen as a path to long-term security.

Meanwhile, younger generations live in an era when formal education is a minimum requirement, no longer a guarantee of upward social mobility. Education is considered a risky investment because it doesn't always guarantee a high-paying job or economic stability; they must combine it with practical skills, networks, and technological adaptation. The cost of higher education has risen much faster than the rise in average income. Generation Z lives in the digital, service, and creative economy, where the value of informal skills (coding, design, digital communication, entrepreneurship) is increasingly important, sometimes even more so than formal diplomas. Formal education alone isn't enough; it needs to be complemented with soft skills and technological adaptation to survive. Therefore, Gen Z is more oriented towards flexibility, experience, and self-development. Many prefer practical skills, short courses, or even self-learning over long formal education paths. The digital economy has made them accustomed to multiple income streams (freelancing, side hustles, content creation).

The older generation find it very easy to adapt to life's conditions, its not wrong to say that they are more disciplined than the new generation. The new generation are looking for easy ways to make money to get by. Because the inflation is extremely high and things are getting worse on a daily basis. Two characteristics that the younger generation should emulate is being disciplined and learning how to invest

It was not just that a college degree was rare in the past that gave such degree high recognision, it is rather that the educational system at the time was more intentional such that the few people that attended school where actually thought based on what was relevant at the time. at present, the current scholing system has failed tio improve and still uses oudated corriculum which leads them to producing graduate that are not economically viable in todays society. it is the reason why we graduate thousands into the work space who seems to have litt;le to no knowledge on hoto be useful to the economy.

ideally, certificate is a testamnet that one is capable of solving a particular economic problem that one studies in school but when we have so many graduate that are found wabnting in that regard, it then becomes a serious problem. since the major part of our society passes through the formal educational system, the only solutuion that would work will be to really revamp the education system such that it produces people that can relate eally well with what is happening in the current day society.

I agree that the older generation is much more disciplined in various areas, and in addition they are also very patient in dealing with different situations. Regarding investment, I think the younger generation is much more aggressive today, and this is indeed possible because of technological advances. In the past, people did not know about cryptocurrency, but now many young people have managed to reach the point of financial freedom thanks to investing in Bitcoin. Furthermore, I think the most striking difference between the older generation and the younger generation is lifestyle choices, many from the older generation chose to live simply, while today younger generation may spend more of their money on fulfilling desires than needs.

In previous generations, people got everything for a small amount of money, but whatever their salary was, they could save something at the end of the month and they would later have the opportunity to turn that savings into physical assets.
But currently, inflation is so severe that the salary an employee or worker receives is completely gone at the end of the month, leaving no cash in hand, leaving no opportunity to save. Therefore, it is impossible for those who work in low-paying jobs to save and build physical assets.
In the past, they might not have had the opportunity to leave a specific job until it was completed and work somewhere else, but today they are so creative that they are always creating new workplaces. Moreover, nowadays, relying on technology, they are not accepting any work in the world as difficult, but rather as easy. Moreover, nowadays, with the convenience in all fields, people are now focusing on becoming their own business or entrepreneur.

This is just unnecessary generalization. Older generations, no matter how far back in history you go, will have groups of all sorts of hustlers and people living without plans or financial skills. It's well documented but somehow ignored because of idea of some kind of "golden days", where people had strong work ethic. It's just not true. There are people today that have strong work ethic as well.

Only difference between then and now is that back then there was better safety net for anyone who was able to work. As they could always find a new job and save enough for a apartment or house. These days if you want to buy a cheap house, you need to buy land from dying town. And even with that you are probably obligated to build a house fitting for the housing zone regulations, which end up being more expensive you could afford.

I think the difference we had between the older generations and the younger generations is the same in fact more than that difference we are different economically because priorities and needs of the younger generation is totally different than the older generation. The old generation had not so many issues regarding the business the cuisine and the health. They lived a simple life. They never faced such inflation ratios as the new generation is facing. The older generations had very controlled expenses but now the things seem to be going out of control. The luxuries are coming to life but the prices of things are in the sky. Older generations had the leadership which connected to their people their problems but the new generation has the corrupt leader they don't have any kind intentions towards their people. i think the gap is really very deep in every aspect.

Aren't you contradicting yourself here. If you say college certificates are still important then why aren't they being used as the main criteria for getting jobs. College certificate has lost its importance in the society. Getting skills certificate is the new college degree because they can give you jobs that your college degree can't. Having skills certificate can put you among the top earners in the world and with the right guidance or connection, you can get one that'll make you eligible to work from your country in another country remotely. Skills are now more important and should be acquired by everybody that wants to have a good paying job. It doesn't matter if you're old or young, go and apply for a degree and get it before it's too late.

Yes, it's the key difference. About 50 years ago someone can buy their own house with their 2-3 year salary but in the present it will be 20-30 years which makes them to desperate for more money so they are ready to do anything to make more money since that is what the situation demands and everyone's goal is pretty same they want to make more money and enjoy their retirement so with these spiking inflation they should stack as much as they can.

Also, back in the day the companies care about their employee and make their life better but now it's just I am paying you the salary and you are doing the job and when you are not needed I won't hesistate to throw you out so the lack of job security in any field is the difference why people are switching jobs.

There can be a misconception about earning easily. There are those who understand it as something actually easy, and they don't want to work hard for it. But today, there are a lot of smart options to earn that easily with the use of the internet. Remote work is there but you have to be skilled just like the others who are enjoying the benefit of earning while at home. I think old folks don't understand how that works ,and they've been sunk to the idea of working hard and so we can earn and have something to eat. I still believe in hard labour but to combine it with wit, it is what the new generation has. On the other side with the older generation, they're the masters of investing and that's what the young need to learn from them.

This is a crucial point young people today are accustomed to working and consuming, not saving. There are millions of young people who, without saving, buy a new cell phone, using their entire assets, making it a matter of prestige. Yes, owning a house or land was easy in the past, but there wasn't this much consumption.

In fact, I believe this excessive consumption is the biggest problem in the first place. Young people shouldn't be careful; they should act with an eye on the future. Yes, there's inflation, high prices, but there are also plenty of opportunities.

One basic thing you should factor out about working of the younger generation and the old generation is how education tends to be that time. Western education was just being introduced and not everyone was willing to go to school as most of them are use to their olden days way of life. Some are already fishermen, farmers, blacksmith, Shepards and it pays them well and make a good living through it.

When western education was introduced, the children’s that are loved less are sent to school because they think that way they can get rid of them and bring the ones they love most close. So there was few numbers of educated people to fill in the work places which requires you to have a basic western education to work from there. So work was readily available once you’re a graduate from high school.

Fast forward to today, the works are overwhelmed and already filled up. Younger generations are able to scale up to the reality of life and embrace the new system and technology that fit into their niche. This allows them to select the best job for themselves. I don’t think it’s because they’re lazy that they’ve been used to working from home instead of working from an office which obviously, you can’t get one easily like before.

When we analyse them closely the work patterns were simpler in the past since not many people got the education and the job market was interestingly open but currently the competition has really increased. In my opinion the younger generation did not run away in an attempt to escape the truth, but they are trying to find a more sensible way to live in this age where more and more skills are required. And you will realise how the youth are being taught technology and acquiring digital literacy and even coming up with jobs that were, hitherto, inconceivable.

Judging the work on this basis, just as it is tangible, seems erroneous since currently the world is dominated by ideas, innovativeness, and networks. In my opinion, these skills must be practiced and at times even more demanding since they needed to readjust to the fast pace of technology. You can observe them sitting at home but that does not imply that they are not tensed, as there are infinity many restraint, invisible just like the international competition or the necessity to manufacture something that is important to the market. Therefore, it is not fair to accuse them of laziness as their approach towards career formation is different indeed and demands no less energy than customary patterns of work.

I agree that older people are easier to adapt or participate in an activity, most young people usually still feel awkward or quite shy to participate or take part in an activity, sometimes they even find it difficult to adapt when they are in the working world. I myself actually feel more comfortable hanging out with those who are older than me, their thinking tends to be more mature even though sometimes there are jokes but it's fun, maybe you should experience it once in a while. Unfortunately, not all young people have positive thoughts, such as thinking about their future, sometimes some of them only think about wanting to fulfill a temporary style.

The older generation always taught us to be grateful for what we have and for the work we've done. They have a strong sense of commitment. And the older generation is also much more patient in facing challenging tasks. They ultimately raised us through that hard work and patience. But we, the younger generation, must think more intelligently than they did. We may need to learn from them about commitment, patience, and gratitude. But we must strive to be better than our parents. And if our parents were mere employees in other people's companies, then we must strive to become people who own companies and provide jobs for others. We must have higher motivation and greater goals. Because the challenges of life today are actually much more challenging economically.

Well there are a lot of characteristics the younger generation needs to learn from the older generation. The older generation are loyal and respectful, more of leaving a decent and comfortable lifestyle no fake life, They are focused and determined they are contented and not being so competitiveare, they are not lazy. They are not too inquisitive and much hurry to meet up in life, they believe in the theory that says there is time for everything. But in today's generation reverse is the case because they are the opposite of all I have mentioned above. Lack of contentment and being so inquisitive have lead many to go astray. Some where unfortunate to become poor trying to impress people due to fake life, some where removed from place of work due to lack of respect and obedient while others lack focus and as a result they have no destination. In all there are many things the younger ones need to learn from the older generation. Lastly dressing decently, nowadays the level of indecent dressing is all over the world and most cases that may lead to sexual harassment or may deprive some people to get their desired Job unknowingly to them.

I did notice that some of the jobs nowadays don’t exactly need titles but they still get paid a lot. A lot of the works are done remotely as well. It’s like as long as you have some device and proper skills then you can land on a high paying job even without having graduated from college.
Probably the first world countries are not experiencing their citizens leaving the country to find better work opportunities but in my country it’s almost the goal to leave so you can be sure to give your family a good life.

What i wanted to learn to old people is because mostly they are thinking the future that's why sometimes although they didn't liked the job environment but old people are insist stayed and loyal in the company because they had realized looking for works is hard so they don't want to wasted their current job and focus to earn money and for lifestyle too usually old people don't want to spend their money to buy the items that are not really necessary such as buy new phone, new cars and luxury goods because all they want is to saving their money for retire purposes so i think younger generation should be learn all of these things to the old people

Well articulated text you got here mate, if not for the freelance job that more currently I think the world would have faced much problems, there are people that soley depend on freelance job for survival as a  matter of fact therea nothing you'll tell some people to think of applying for physical jobs because the money they earn from the job is very sustainable for them to the extent that they aren't bothered again, the economic situation of the world today has made many people to push harder in getting more ideas on how to navigate the internet space in search of opportunities and as a matter of fact most people has been able to benefit from it, just imagine what would've been the fate of some person if there weren't any of the aforementioned job anywhere, I would've been a big threat to human existence.

I hear a lot about how the new generation - zoomers - are constantly searching for themselves, and do not think at all about building a career, giving priority to their own comfort. They drink coffee all the time, don't show up on time, and treat their bosses less like senior colleagues and more like equals.
But at the same time, I don’t understand why, with such strange behavior, they think that they will successfully survive in this world, because all effective models of behavior have long been built and they are based on hard work, commitment and dedication.

The older generation had a high saving mentality. Buying land, buying houses, and saving were common for them. The current youth should invest in a planned manner to create wealth and have a saving mentality. The older generation had more responsibility and honesty towards work, which is very much seen among the youth today. Therefore, one should maintain a sense of responsibility towards one's work. If the lessons from the disciplined thinking of the older generation are combined with the current modern generation, then economic progress is possible in a material way.

Things do not really change from the old to younger generations or people but what I mostly noticed that changes is people as far as I know, everything still remains the same. Please do not quote me wrongly because I am viewing from a very different perspection unlike how you see things over there, and I would have to outline few of them for you.

Here are things that makes us very different from the old generation

• Newer generation are impatient
• Newer generation tends to be living expensive lifestyle, impressing people.
• They tends to copy others lifestyle
• clubbing and spending money without having proper financial management
• Wanting to meet up by all means without knowing that life is a process (a time to plant and a time to harvest).

All these results to wants and needs, when they are practicing all these lifestyle they wouldn't be that satisfied with the amount paid to them rather they would be looking for additional place to increase their hustle to make them have more pay out to get satisfied, that is why you see many people source for different types of works to enable earn multiple times.

Usually, we know that inflation have ravaged everywhere but we shouldn't be that careless in our spending, the kind of lifestyle we are living. Having a financial management skills would definitely help us to have control on what we needs and what we don't want. Apart from inflation, you still have access to education, skills and whatever you feels like having, just that everyone must work according to their size.

We cannot compare the lives of the new generation and older generations; however, we should recognise that things are different. While things were less expensive and people had enough money to buy anything they wanted in the past, it is now difficult for people to find well-paying jobs that can cover all of their expenses. Although it may look like the younger generation is not doing well, we will realise that our daily or weekly expenses are different from those of the previous generation. A person from a low-income family will never see somebody in this generation as being lazy because of how hard life has been for them. Not everyone can afford things these days, that is we can never compare the younger generation to the older one.

In my opinion, there hasn't been much change from the past to the present, even though inflation continues to go on and prices of goods continue to rise. However, in the past, even though inflation wasn't as high as it is now, salaries were still small, and certainly very different from today. I remember my grandfather, who used to work, earning only $2 a day, but with that money, he could cover his daily needs and even save a little. But looking at the present, even though inflation is very high, salaries have mostly increased, and of course, it's the same, so there hasn't been much change.

So, I think what can be taught to the younger generation is that they must be able to manage their finances and emotions. They must also be able to utilize their time, all with the goal of achieving a successful future. And of course, we must continue to expand our knowledge, never stop. And, of course, we must save, whether our income is small or large, because most people are able to start a business because they can save and eventually have a large amount of savings, which ultimately allows them to start their own company.

The difference may lie in mindset. Older people typically want savings, more or less like you mentioned. I suspect young people tend to think less about this. Only a few young people think about their future by investing or saving. Most young people today are more focused on their desires, such as meeting their lifestyle standards, and some even go into debt just to meet their lifestyle needs. However, they may be aware and have a positive mindset, such as preparing everything for their future.

Young people have too much to try and to buy, compared to older generation. It might be, that older generation were able to save because they dont have things to spend money on. What were biggest expenses in past? Buying house, car, refrigerator, tv, oven. Younger generation are surrounded by electronics, gadgets that becomes «old» in few years. In past people have little clothes for example. Now people have separate rooms for sneakers collection only. There are people now who dont wear same t-shirt twice, while my grandpa had tshirt he wore for 10+ years. No wonder younger generation cant save.

Op you are missing out with value system, the pricing of things in the past isn't same as now but the valuation can be at almost same level if the comparison are made with relativity to the old times. Now let me further make it plane, something worth $5 in the old days can be worth  $50 now, technically if you examine it you will see that the price only changed with time but the value somehow still was maintained, only that the strength of the money my have dropped because if not then you should need laser amount of money to get that same item.

House, cars and the rest of it didn't cost that much back in the days because it didn't cost its producers as much to put them together, asides that skills did improved and these things got better with better versions which helped the valuation of those items to require more money to acquire them and that is why I mentioned earlier that the value system did changed.

It's clear as the sky that elder generation is more hard-working than the younger one. But that's not completely bad. Today, life is good, it's about having fun for most people. Young generation lives in luxury compared to elder generation. Young generation doesn't want to work like slaves for their boss, they want to work less and have more fun because that's how they grew.
The development of AI is also making it easy to do many repetitive tasks. With the advancement of engineering, medicine, chemistry, robotics, AI and many other fields, our life is becoming easier and more comfortable, so it's logical for the younger generation to be less hard-working than the older one. If we compare an older generation to more older one, it's clear that the older ones were more hard-working because they grew up in terrible conditions.

There are good and bad things about both. I mean you can facetime someone whereas you wouldn't be able to call others, you can google whatever you want now, you would have to trust the papers back then. Basically things were good and bad, because then you could work for a year and get a house, now you can work for decades and may not end up with a house, specially if you get sick, then you will bankrupt.

So when you think of all of that, it means you are going to end up with terrible results, and that is not something you would want. There are good things, and there are bad things. Food is better apparently, not healthier might I add, definitely worse for your health, but father says food in 60's was bad compared to what we have now.

The world has evolved a lot over the generations. It is true that at that time a person could earn in a year, afford a house or even a vehicle without being too much concerned, but now, and with all the effort, decades can pass and still all chances of success go down to nothing after unexpected health issue or an expense sets in the picture. The jobs are more competitive, cost of living has increased tremendously, and despite the new found advantages brought about by technology such as instant communication and access to information, technology does not pay the monthly house rent or even the electricity bill at the end of the month.

On the one hand, now there are some advantages. We enjoy higher quality healthcare and conveniences and access to more information. Food sources are more diverse and, howbeit less nutritious, and we can communicate with other people worldwide within a few seconds. The generational comparison is not easy since every generation had its hardships and privileges. Life is simply other now and that does not imply that there is one generation that is more civilized or presumably lazier than the other. It is just a matter that the challenges have changed.

clueless about homes.

I got married in 1986 house were in an upswing a small condo in Queens NYC went from 20K to 90K in a 4 year time.

1983 to 1987.

I lived in a shitty apartment from 1986 to 1992 saving money enough for a home.

and the reason I could get one in 1992 was that a 200k home purchased in 1988 dropped during the 1992 crash to 147k


While all those numbers seem small now My wife and I were earning 37k a year between us and I had very high medical debts for that time of 11k.


What you got right was college was still cheap.

 A 4 year degree from CUNY (New York City colleges system ) was under 8k.

Times have changed. I don't think younger people should be like or follow the same paths as their elders, especially since those paths have changed too. The current economy is more dynamic, and old beliefs no longer fully apply. The concepts may be the same, but their applications may vary. I believe older people should adapt to these changes.

What's clear is inflation, as real inflation makes each generation different in every way in meeting their living needs. Furthermore, what differentiates people now and in the past, in this context, is economic growth. One reason is that the previous generation had a wealth mindset. This wealth mindset can be implemented by starting to plan for their future finances, such as saving, investing in property, and, once they own a garden or rice paddy, they also cultivate it themselves.

The current generation buys houses from banks and works to repay bank debts. Similarly, with work, people in the past worked diligently and were prepared to endure pressure, but the current generation wants freedom and doesn't want to be pressured by superiors. As a result, we can see that the current generation doesn't stay in one job for long; they often leave because they prefer freelance work without being controlled by anyone.

Discipline, obviously.

The younger generation, mostly, lacks discipline in anything that they do, and even though I'm among them, I don't hesitate to say that we are not as disciplined as our older generations used to be. Our fathers and grandfathers used to work very hard to earn a living, they struggled but still managed to have better lives than so many of us these days despite the fact that making money was tougher back then and there are way more opportunities for people to make money from nowadays, but as I said, a lack of discipline is probably the reason why the younger generation struggles in progressing economically.

Another thing worth mentioning is that we are also more impatient than the older generations. I mean, we want quick results, and if we don't see them, we give up and stop trying, when what's important is staying patient and dedicated to what you are trying to achieve because if you don't give up, it will eventually work out, but we don't have that sort of patience anymore.

Apart from advancement in technological activities the older generation is more better and convenient enough to live in more than our current generation that have been destroyed by quest for superiority and supremacy. living in the older generation, life was so much comfortable and sweet because there was love among the leaders responsible for economic development and fund management, now all our advancement in technological activities is centred at Is in arm production so can be used for oppression among each nations and never in helping each other

I agree on this. It's what I've observed to the younger generation. They lack of discipline and they cannot take long term take to any investment that they're looking at. As they lack discipline, they also lack in understanding and patience. They want to take things too quickly and want to see results of hard work on an instant. That's bad to be honest and all of it comes in a long run and won't just come rightaway. But I know that this younger generation will do better than the older ones because of modern innovation.

It is not advisable at all; if you follow the old steps, you may end up not having a significant result. Things have really changed, and there are new ways that things work now. Let me use careers to illustrate this: in the old days, the goal as a student was to go to school and make good grades to get a better job after graduation, but it is not like that anymore.

Even if you focus on making good grades and do not plan for life outside of education, such as planning to acquire skills, life may be too difficult after school. If care is not taken, you will still end up going back to learn a skill that you can rely on to make some money. Right now, you can comfortably stay at home and make some money. We are in a digitalized world right now, and you have to learn smartly to keep up with the tasks that come with this modern age in which we find ourselves.

I won't say we're impatient because that's more of generalisations and everybody aren't the same. We have people in this time that have more patience than those of the past or older generations. Things are more expensive than before so saying this generation is spending too much isn't a balance comparison because we can't used the purchasing power of then to compare with now. Inflation have made everything over expensive that if you want to live a decent lifestyle, it'll look like you're wasting money. The living standards then is better than what we have now. Clubbing has always been a part of civilization and I can argue we don't do it like the 80's. I see pictures and videos of our forefathers and then I realized we aren't evening doing anything.

They are Many economic differences between old and young generations today, they're:
A) years back our Naira have value,but nowadays our Naira has no value again.
B)back then the cost of living was very cheap and affordable but today it's very difficult to afford..
C) acquiring of landed property then was so easy because you can even get it free of charge and if it requires money it's just little amount,but today people have seen land as the most valuable asset one can even have and the cost of it is in a higher side..
D) Job opportunity: ,then no matter how little your job is it will put food to your table including your family,but today it depends on the level of your Job or business before you can be able to 3 square meals from it you only not even to talk about you and your family..
D) i encourage our young generations to learn to be hard working, industrious like our four fathers in those days, today every body needs soft work,
E) learn to be independent hustling tightly, that is how our four fathers is in the olding days..

The new generation is leaving some things behind in the rush of life this is happening in every era just because of this no one can blame next ones changes are happening quickly which are surely killing ethics and moral.
Peoples have no enough time to check what they are losing and what they are gaining just enter in race and trying to achieve which is never been easy or possible, but race is going to stay ahead of all few years back loyalty was important, but now money is taking control of everything and peoples jumping without looking how deep they could be gone.
Technology bringing many features which are helpful but with this now humans losing their value which was most important now run fast and stay ahead is motto of life even at the end nothing going with us.

It is true that the older generation did come by some ease in their achievements, given that a lot needed to be discovered and they did but, I would maintain that they paved the way for the many things the younger generation enjoys today. They came up with the internet, they were engineers and created the wheels, they brought in industrialization and the younger generation just improved on these to better this time.

The older generation where more localized in making money, the younger generation have a large expanse that extends through the globe for which, they could earn a living without having to move an inch or know who’s at the other end. There really is some pros and cons to them both.

There are clear differences between the past and today's youth, and perhaps many things have changed. Today's youth tend to prioritize a luxurious lifestyle and lack the attitude of working as a long-term process, making it difficult to create a more purposeful life. Working from home isn't a big deal as long as they can calculate the long-term process, as hoping for quick wealth is the style of today's emotional youth.

The older generation prioritizes stability even though they can't make a lot of money quickly. We also differ in terms of patience from the younger generation, as they tend to appreciate the process of achieving success in life, while we prefer to rush things, which leads to a lack of careful planning.

Only some of them are like that, in general I think the young generation of the past and the young generation of today are the same, namely they both change jobs just because they want to find a job that suits them and that they like. I think this is quite normal for the young generation because they still have the opportunity and convenience for that and besides that, there is no burden or responsibility in life which is one of the reasons that is different from the older generation who do not have many choices other than working in an existing place because they do not easily find other jobs and also the responsibility for a big life that requires them not to take many risks.

Frankly we’re no were to be compared to our forefathers in times of partying and clubbing and though I’m not the party type, but from stories, pictures and videos I’ve seen about the party lives of our forefathers, I think even with all the modernization, we are no where close to the grooves our forefathers had and if they had all these modernities now, I think they would have even done worst.

I also agree with @brainboss that, the spending power now is insane, back then, with 1k naira, you could comfortably eat noddles to your satisfaction even with drink but right now, for you to eat a nice noddle without a drink, you will be having a budget of 3k naira which is thrice the previous price and these was less than 10 years difference and now can you imagine the difference for let’s say 20 years back.

I also wouldn’t have to say this generation is impatient because that would be hasty generalization which isn’t fair, because we have a lot of people in this generation that would wait to take things one step at a time rather than cut through back doors and I’m not trying to speak ill of our forefathers but what I’m trying to say is that, just as you think this generation is worst, so they also thought previous generations were worst and the coming generation will also say same.

I notice the clear difference between the older generation and younger generation. And one thing I sighted is that the older generation apply patience to things but the younger ones lacks patience. They are always on the go for better opportunities and another characteristics is that the younger generation are always after luxury lifestyle while the older are after longer-term achievement.

In my country, a few decades ago, there was exactly the same situation. There was nothing. Not even TVs. Time to read books and other literature. People are much smarter than the current generation, which is not able to cope with basic things and everyday affairs. You look at these zoomers and you become afraid for future generations. What will they get? Well, it's all complicated. If we do not move to a new level of development, it will be very difficult for our descendants.

Not only that, the younger generation now take it upon themselves that they must make it, no matter the case, which always ends up putting them in problems. For instance, they are all after a fast way of making money, which, at the end of the day, makes them end up losing the money entirely or even losing their lives. Some even go as far as committing fraud or engaging in drug trafficking.

This generation is cooked, I can’t lie. Everything is going astray. The good ones that are patient are also being tempted by the lifestyle of those doing bad, and all this starts from them living beyond their means.

Many things have speed up our lives and how we project things. The technology that we use played an important role to our lives and to the society that we are in. It did a lot of things for all of us and that's why the life that we're living is quite faster than ever because we're enjoying what we have now than of the past. But if I will choose where I'll live, I like to live in the middle of it where technology is rising but not too fast so that I can always live with the conventional way of living and to enjoy life like the oldies did and while being young.

Job-hopping also doesn't guarantee someone's chance of achieving financial freedom, especially if they face conditions where finding work is difficult. There are differences between the generations past and present, more about the stages that make them stay in their jobs. The younger generation today tends to want something quick, so they think they can achieve wealth quickly.

Just look at how our parents were before, and how they patiently persevered in their chosen jobs, and ultimately, that patience led them to financial freedom. The concept is to be grateful and live everything responsibly so that at the right time we will definitely achieve success.

The older generation used to stay in the company for the rest of their lives after completing their education, which is why they could not earn much money. Moreover, the older generation is not very updated, which is why there are still many people who do not believe in cryptocurrency and are still stuck in jobs. However, the younger generation is now so updated that they are getting a touch of modernity in all aspects. The younger generation is choosing online platforms as a source of income and they are earning money very easily in different ways.
According to what I have seen, there are many younger generations who are constantly earning a lot of money by investing in online platforms instead of jobs. They are gaining experience in online platforms as well as good investments and trading, although it is risky, but those who are experienced are gaining financially. So we can say that compared to the older generation, the younger generation is much more updated and they are not paying much attention to jobs, and we can say that the future generation will be even more updated and they will not pay much attention to jobs.

The situation is different in every country. In my country, we often switch from one job to another because we want to earn a better salary and receive better treatment. I think that the elder generation is less risky and loves comfort but at the same time, I understand this because they depend on themselves, so if they risk, they have too much to lose while the young generation lives mostly for free in their parents house, sometimes they even receive money from their parents, even when they work and earn their salary, so these youngsters can easily risk because they have their back strengthened by their family.

Btw I also notice that the young generation mostly focuses on their looks, clothes and gadgets, while the older generation focuses more on the strength of the family and doesn't prioritise individual needs.

There are things our forefathers does better or even more than us and there are things the current generation are exploring that our forefathers do not have the privilege to buy however clubbing shouldn't be included as the things they did more than this generation because if you have been told a lot of story about them you would no that they prohibit alot of things especially most of the things that doesn't have moral impact on them , they could be good on entertainment but mostly normal singing and dancing but now this generation does clubbing far more than them because there are so many reckless spenders who are willing to visit clubs every night.

That is what the older generation always says. You think your parents and their friends didn't say the exact same thing about you and your friends? This is why never judge the newer generation, because you look at kids, and you look at culture, and things are always different.

So when you end up with 30+ more years, you will realize they are just like you right now. Like there are 20 year old kids that I look at, and do not understand what they are doing, but in their core, they are all humans, so in 20 years, they will be exactly like me, maybe using AI or something, like life may change, but still normal human like all of us. They are not weird, or care about their clothes, or anything, they are just 2 0year olds, your 20 and their 20 will of course be different. When I was 20, they weren't even born.

This is so right. The younger generation don't even give importance with family ties. But the old one realizes that we've got one life to live and we're not going to stay on this world for too long.

That's the reason why family becomes a priority to the older generation. Whilst the younger ones is fed by the judgement and validation on social media and the society that they're part of.

I've been a kid and old, and I also want some gadgets when I was too young but didn't have it. Also, the older generations now feed themselves with the things that they cannot afford when they were young and poor.

I could remember those days when the economy was okay ,the people were contented with what they do, the money they earn was enough to Carter for their responsibility, unlike today where because of rising inflation and high cost of living ,people are are now looking for high paid jobs to Carter for their responsibility making people struggle for white collar job. More also the younger generation because of the growing technology one can be working from home to earn a living using your laptop or phone without actually going out .

The difference between the current generations and the old ones is so huge that I was very surprised to learn about all the details of how they relate to work, career and, in general, their professional development.
For example, I read that the generation born from about 1980 - 1995 is very responsible and constantly tries to build a career, unlike the next generation, which constantly digs into itself and tries to subtly feel this world.
True, I don’t quite understand how they are going to live, earn money and build a house for themselves with a frivolous attitude.

Only a few young people already have an income and they pay attention to their families, at this time a high lifestyle is their reference for working so the income they get is prioritized more for their own desires than helping the needs of the family, this is more directed at the awareness of each because I think there are also young people who do work to support the lives of their families, but maybe the number is less than those who prioritize lifestyle so that they can be seen by many people, especially their friends in the environment.

A common feature of human society is the economic gap between the older and younger generations. At different stages of human life, an individual's income, expenditure, savings, and needs change, resulting in economic gaps between the older and younger generations.

The younger generation is at the beginning of their careers, so their income is relatively low, but there is a huge potential for growth in the future. The younger generation generally spends more money on education, technology, entertainment, and new experiences. There are also many younger generations who, due to family insolvency, have to deal with the pressure of educational debt or expenses, and therefore do not have the opportunity to save much. However, those young people are able to quickly adapt to modern technology and the global workplace and create new creations.

On the other hand, the older generation is entering retirement after a long working life. Their income is unlikely to increase in the future. The economy of the older generation mainly depends on their savings, property, pension or retirement benefits. Therefore, the income of the elderly, although relatively stable, is limited. In addition, a large portion of the income of the elderly is spent on the health sector. As a result, the expenditure of the young is different from that of the elderly.

The younger generation's goal is to enjoy life, save, and reach the pinnacle of success, while the older generation's desire is to spend the rest of their lives in a healthy and happy manner with their family.

The most obvious difference is, of course, inflation. In the past, people had enough income to cover basic needs and even save because prices were still affordable. Today's generation lives in an era where everything is expensive, and jobs are increasingly difficult to find even if they do, their income isn't enough to cover basic needs, let alone invest and buy their own home.

This is different from the previous generation they could buy their own home regardless of their job because property prices weren't too high. What you're saying is not wrong; the mentality of the previous and current generations is also very different, especially in dealing with pressure and refusing to be controlled. This is why many young people don't want traditional jobs they prefer freelance work.

You should prepare for more changes in the future. People will no longer queue for white collar jobs. Today's guys are much more aware as you said they can stay at home and using their laptops or phones to get all the news from around the world and are able to continue all their efforts to earn money. Our boys will not queue for high salaries in the future but they will give jobs to others. When the value of local money is decreasing due to inflation, they have Bitcoin to create an alternative system.

The younger generation has updated many things more than the older generation, especially the younger generation, which is much ahead of the older generation with some new discoveries such as artificial intelligence, Bitcoin, online digital marketing, and digital payment systems. The younger generation believes in digital currency, while the older generation trusts paper money more and prefers to keep money in the bank, while the younger generation is opposed to keeping money in the bank.

All I'd say is try to educate yourself on as much financial information as possible, it will allow you to earn so much more money when you understand how that side of the world works. Just small things like the difference between having your pension in an index fund that returns 4% a year with high management fees could mean the difference of hundreds of thousands of dollars by the time you retire is huge. Even now lots of people do not take proper control of their finances or know some basic things like how mortgages work - even after getting them, they just see another bill and don't know if it's a good deal or not. It will help you avoid being a victim because there are many vultures out there waiting to pick off your cash.

You have listed out great point between the 2 generations,
to me I would say that the older generation benefited alot in the economy during their own time, and according to many books and history have read the economy as that time we can say it's stable, so they benefited from it unlike today's generation we call the Genzee, then they could afford so many things like education, they could acquire cheaper properties, so many of them then grew their wealth slowly because as at then things were affordable.
But however the younger generation today is more flexible, we have so many talents and all of that but the governance In so many countries are really bad that even for the commoners in a particular country to feed themselves is a problem, this generation to me is just all about survival.

You're wrong.

Older generation mostly want real estate, they do understand what's inflation and how bad is fiat in the long run.

Even though cryptocurrency mostly owned by young generation, but I still see many young generation afraid to invest their money in cryptocurrency due to volatility. I will say young generation aren't only focused on certain assets, instead they invest from the lowest risk to highest risk, so it varies.

Old generation also live in survival mode because back in the days, war and conflict happened often. Death was normal and it just like a number, now conflict is less to happen and many people can life peacefully.

You are putting it in a way that makes it sound like you are trying to say that the younger generation is smarter than the older generation, which is not entirely true, however, it is true that the tools and technology that we have today wasn't available for the older generation, otherwise, we would never be able to compete with them in any field. It's not entirely true when you say that the older generation believes in paper money and not in Bitcoin. The reason why older people are hard to convince that cryptocurrencies are a good thing is that they have different mindsets, and they tend to take lower risks when it comes to making investments, etc.

These are the reasons why they are mostly into things such as bonds, gold, and other types of investments, where they know the risks of losing money are low, even if they are not making a lot of money from their investments. I wouldn't say they are wrong, because they think reasonably, and it is true that cryptocurrencies carry a lot of risks, even if they have the potential to get you a lot of profit as well. :)

I think the dark horse is how well the new generations will embrace blockchain technology and cryptocurrencies themselves. I think this is an underrated, albeit already quite successful, adoption by society these days. The younger generation adapts very quickly. And they are also very loyal to technology.
I think the dark horse is how well the new generations will embrace blockchain technology and cryptocurrencies themselves. I think this is an underrated, albeit already quite successful, adoption by society these days. The younger generation adapts very quickly. And they are also very loyal to technology.

The difference is big, but I think it is simply an adaptation to new economic conditions. The most important thing is for the economy to work properly, develop and allow the younger generation to earn money. And if it happens that some states strive to introduce total control over their population, then in such conditions young people have very little motivation to develop, because control at every step will put a spoke in their wheels, in such conditions there will be a decline in the economy, because it will reduce people's motivation.

I think young generation has more facilities and they have more money to spend because their elders did work and earned a lot of money and then invest that in different things. There are many people who are doing great effort to be successful in life because they belong to poor family. There are millions of people who are rich because they have knowledge of their elders . One should learn lessons if elders which play important role to establish in life . Poor and rich has different point of view and perspective and poor people always try to become rich.

Younger generation can earn 5x money in the same time because they have developed mind and they will be rich in the future when they learned a practical lessons.

Yeah you are correct this young generation there are a lot of people who are now very rich than the older generation the main reason for that is because this days you can make money with less stress you can even stay in the comfort of your home and make money online by just using your phone or laptop but then you need to be very strong physically in other to make money because then things you can use to make money involve you using your physical strength, most of them where farmers and then there are no much machine that help them out, so if you are a lazy person you will be poor but this generation even a lazy person can stay in his comfort zone and make huge amount of money.
For me I think this our generation things are more easy for us than the older generation, and the generation to come things may be more easier too for them.

There is a lot of things that one has to consider when dealing with issues like this because life is constantly changing and that is one very important part of life that one has to consider when comparing between the olden days and now, first and foremost is the population of the world few years ago population was not a problem as you had few population in the world but that is not the case today and that has greatly affected the economies of many nations.


Increase in population has led to production problem which has indirectly impacted on the coast of living because now companies are spending more when it comes to production, government too is struggling to maintain a stable inflation rate across the world because nowadays the world is faced with overpopulation which was not the case some few years ago

Due to different opportunities for young generation these days, I feel like they are more lost and have no focus on their present jobs compared to the older generation before where they stick to their job for years because they think being employed will definitely secure their life’s survival. Although I understand that there are less options before and that if they won’t work, they won’t raise their family and survive.

Now with the young generation, it’s like the value they give for their jobs is not that high, and once they lose their interest, they end up applying into another job and leave their present job as easy as that. And majority these days do not even want to just keep on working and serving their employer, they want to be the boss of their own and decide to risk on businesses that are highly in demand in the market.

I can see that these young generation these days are more open-minded and for that, they become more risk-takers and more confident. But one thing that I don’t want from them is that they don’t easily recover from failures and eventually develop depression and anxiety. They are not resilient like those old generation, and this is one thing that I hope they should learned from the old generation. And for sure it will lead them more success in their lives.

I see your point. Where there is less population, less problems are only visible, but when this population has multiplied double or triple, the problems become unlimited. I think this is just normal for overpopulation, numerous problems arise with just only few solutions, not because the government has started to be irresponsible these days, but it’s more on the people as they become more dependent to the government and rely their life’s survival on them.

Inflation is the biggest problem these days that leads to extreme poverty in all parts of the world. And despite of different opportunities here and there, if the people are not that open and stay lazy all they want, they won’t make any progress on their individual’s economy, much more to its country’s economy.

Humanity has always talked about younger generation being disrespectful, or lost, or whatever derogatory word you can think of. Older generations did not enjoy the newer generation and found their ways bad for at least 7 thousand years now, imagine how old that is.

We have literal proof of it dating back nearly 5 thousand years. Believe me, economically, socially, everything will be normal. It's not going to be great, it's not going to be terrible.

This humanity, same humanity we have right now, had world wars in the last 100 years, well first one was a bit older than that, second one had like 70+ million people dead. You think all of those were old or young, both of them died. And we survived, humanity prevailed, and we are still living. So do not despair, not the young should, not the old should, we should all rejoice.

Yes, there are many things wrong and broken in our world, and there are many mistakes and we can see it and know how to fix it and yet we are powerless to make the world better when we know how it can be better. That feeling is all too common, and not something new, it's true for you, it's true for many others, and it has been true for many all through the ages.

That's right, all people of the present generation or the new generation always want to live a luxurious way. So that they can maintain everything without any problems. That is why every person has the most problems. Because they face many problems in controlling them and patiently loses. Those who are adults can solve these problems very easily. Because they have read them many times and know how to maintain them.  Moreover, they are very patient and do the right thing at the right time. However, some of the new generation symptoms are very good. As they always run behind success. Although they do not stay in one place, they refrain from their patience because they are low. However, for our success all the time, the right knowledge is needed and it is inevitable to be patient.

You have said a wise thing. The correct application of knowledge and patience are very important for success. In the areas where intellectual application is required, starting from real life to building digital wealth, you need to research how you can reach the top of success by applying strategic knowledge and intelligently balancing your income with expenses. Almost everyone expects a luxurious life but only a few patient and intelligent people get a luxurious life. If you review the lifestyle of the remaining people who are poor you will see that they lack patience and despite having an sufficient of wealth, they could not apply it properly. Among the people who run after success, even those who have little wealth can own a lot of wealth through perseverance. The main driving force behind this is the correct application of knowledge with patience and intelligence.

Being adaptable is crucial, because whether we like it or not, we have to keep up with current developments. Both the younger and older generations must be able to keep up. Many older generations are also involved in this field, although perhaps not as many as the younger generation. I can't be sure because I haven't obtained valid data.

Conversely, many younger generations are being left behind because they are unwilling to learn. The important point, for me, isn't a matter of generation, but rather our willingness to learn.

Nowadays, many people, including men, no longer expect to work in government agencies wearing white collar shirts or official uniforms. Because most people have realized that work doesn't have to be limited to government agencies; it can also be created independently as long as we can identify and exploit opportunities. I'm also no longer interested in tied jobs like those in government because working from home can also provide a more decent income and avoid being told things by others or anything like that.

Yeah keep blaming the younger generations for not willing to learn when the older generations intentionally want to hurt the younger generations for giving many hard task and get paid lower/the same like them.

The older generations aren't willing to break the toxic cycle of their past generations, where the current old generations get the same treatment like the way they punish the younger generations.

You caught me but not really. The elder generation (grandparents) don't say anything bad about their sons and daughters (current parents) but both, grandparents and parents say bad things to the newer generation. Btw I clearly see that our generation is more lazy than the elder generation but at the same time, it's very hard for us to get a job with normal pay, so this kills motivation.

I realise that myself already. I understand that there is a difference beween generations and it's normal, so to my mind, if the young generation is different from us, that doesn't mean that they are bad, it means that they grew differently and have a different vision or lifestyle. I'll never say bad thing about the younger generation the way older generation talks about us.

There's no need to blame them, because not wanting to learn is a clear mistake. So, how do they think about whether they'll continue making these mistakes or whether they'll change by learning more diligently? This should be a self-aware realization.

It's undeniable that the older generation is stubborn in stating what they believe is right. But can that change? The answer is absolutely yes, because regeneration is inevitable. Now it's up to the new generation to think about how to bring about change, or whether they'll be stuck in the past.

While population does matter, online world changed it as well. In the 50's and 60's back in those times of our fathers, and when they were growing up, they only heard stuff from radios and tv's and nothing more, or newspapers. Whereas, today we can see everything, because of the online world. That means, from a low population of people who do not know anything, to a huge population that knows everything. You think our fathers knew the life their bosses lived?

Do you think they saw the images online about their boss on a yacth going around the Europe? I have, in a previous job I had, my boss paid me not enough, while he went to Italy with a yacth. That makes a difference, and generations are obviously reacting differently.

Perhaps more specifically, seeking a job based on freedom, as today's youth tend to dislike strict rules imposed by employers. These characteristics are indeed not the same, as the two different generations encompass various issues, such as culture, style, and principles that are available based on opportunities. There's no need to look further because we can measure this based on knowledge, technological developments, and available opportunities.

The basis plays a similar role to the freedom to express creativity. Working in certain companies requires us to follow the system, but our creativity is limited in developing ourselves, although some companies may be receptive. I simply look at what happens, and it boils down to opportunities and what we've done in previous jobs.

In the old days, there were better opportunities than what we have now. In the old days, the population was very low, and the government was able to manage the population in terms of job creation. The population is what is affecting the new generation because so many people are unemployed. However, one thing about this generation is that they are very smart, and they can handle unemployment by themselves. The people of this generation do not rely heavily on others, despite the harsh inflation.

Let me agree on your points but don't you think that the recent rulers are not making provisions how to balance the unemployment rate among the citizen, they population in the recent time is much, have seen that but plans are supposed to be made in handling this problem, what we get from the government of many nations is excuses, even if we know our way around tackling unemployment, should this stand as excuse for the government, we have countries where the money that has been stolen by the government and their appointees can solve the problem of unemployment to a very large extent,  the government of mostly west African countries are not making effort, for over 20 years and more nothing has changed so no excuse of whatsoever.

The government being incompetent tells you that times have changed; it is not as if they can do anything about the increase in population to provide jobs, but they see it as an excuse. The people of this generation are able to handle bad government, a bad economy, and a lack of employment; they depend heavily on themselves. One of the good things about this time is that people are benefiting from modern technology, which creates better opportunities for them to generate income. In the old days, people depended so much on the government for every opportunity, but now people can survive even without the government.

Yes, We are lucky because we stay on earth and we are enjoying the life . We saw earthquake and flood in millions of people died and that was a dangerous condition for the country and for the World. Economy is related to work because we people will do work more then economy will be good for the country and if more people of country will do work then country will be in high position. Many people are doing great for the family because they took responsibility of the family and family is happy with their work.Many people are doing best for the country and these people are honour for the country. At the same time, many people has no progress in life .

Absolutely, is a strong contrast between the old and new generation. Not forgetting that technological advancement has been a factor. If the older generation had access to some of this technologies, like freelancing and the option of working from home being popular, maybe there would have been more mobility of labour. Another factor is the emergence and popularity of social media, you could start one day, get your craft out there, and even earn quite a lot.
Conclusively I would like to see my attention to growth and mentorship that the older generation had, from the younger generation.

It is obvious that this present time is a time of a digital that is why many young generations is jumping from one work to the other and some of them is working from home so the difference between the Old generation and the new generation is that during the time of the old generation there was no internet in which many people does not know the benefit of Internet as of then

But today internet is everywhere which you can work from home because of internet and it will be very difficult for the Old generations to adopt internet turn off work because they have not mastered it, and that is why it will be very hard for old generations to do what the new generations are doing, except that is the Old generation that is in age bracket between 50 / 65 of age, these are age bracket that can do what the New Generation are doing if you give them adequate knowledge of what is happening now

Younger generation is more intelligent as comparison to older one because younger generation has more facilities of life and they are doing their jobs to earn money and they are doing many jobs in day and night. People are earning money and they are buying the property because they are interested in that . Many people are Investing their money on Gold because gold is good asset to invest and many people earned a lot of money by that . Young people should invest in many investments and if they will invest their money on beneficial things then they will be rich in 3 to four years and they will give more to their child for the best future.People are doing the investments according to their preferences and many people are doing great by investment.

Yes, being able to adapt is how we humans have come to survive and thrive for so long. But you must admit that things were way simpler back then compared how it is now. Now, things are getting more complicated as we evolve.
Back then, there was vast employment opportunities for the unskilled as there were no robots or automated machinery to carry out tasks. Talking about skilled labor, there wasn't as many educated people back then as we have today making the struggle for employment opportunities for the skilled and educated even more difficult.
I don't think many in the younger generations are left behind just cause they're unwilling to learn.

President Donald Trump, although he is from the older generation, is not as up-to-date with Bitcoin as he is among the younger generation. There are some older generations who are more up to date than the younger generations. The truth is, although there are many differences, some older generations are much more up to date with artificial intelligence and digital currencies.