I am a millennial and was able to put myself through college with no debt by going to community college first and only taking classes I could afford while working full time. It took me ten years, but I did it without debt and with my broke parents asking me for money. I pulled myself out of poverty and am debt free except for the house i own. My car is a thirteen year old yaris because I refuse to buy anything I cannot afford outright. And it runs great because I take care of it.

I may be a millennial, who is still struggling to get her finances in order, but I can cook a damn casserole that'll make you forget how to pronounce "macaroni and cheese".

Why are people so hung up on generations? It sucks for everyone, sorry to burst your little I'm spechuL balloon.

I am a Gen X, and I rent, don't own a house, don't want to either. I have no debt but no savings either. Our generation was the first to get screwed by the system, but many of my friends had a good start with their education (so did I) and are doing very well. I like the young gen, Greta Thunberg is really an inspiration for me. 2020=year of action!

Wages haven't grown significantly in 50 years. The cost of housing, college, and many other things have. Until wage stagnation is addressed we will continue to have each new generation that enters the workforce be worse off than the one before it. This isn't new for Millenials, it was there for Gen X as well, though it has certainly gotten worse. And it will continue to until we make changes to taxation, minimum wage, etc. That starts with different leaders in the White House and Senate. Until poor Republicans get this, I don't have much hope. It ain't about guns or abortion or immigrants - it's about money and always has been. Those other issues are just what some wealthy people in positions of power have used to distract voters from the money.

GenXer who worked my a**e off through countless career/job changes to get where I am now. Never expected to make a load of money as soon as I graduated college with a four-year degree, and knew I would have to work myself up the ranks to eventually get there. So that is what I did. Bought my first house at age 36. Because it took me that long to get to that point. And I'm proud of how hard I worked to get there, and how far I've elevated in the past 11 years since then. And I don't regret a thing about it.

I have never told anyone to refinance a mortgage in my entire life!

I would be living under a bridge, if I was still alive, except for my parents and a lot of dumb luck. I'm 62.

Great article but throwing a whole generation into a category is like profiling brand of bread then comparing to the older types or newer types even though its the same thing.... Bread and always has been bread, just different economy, different place and time. People are people. Whats been will always be. Just different circumstances.I cant stand the word millennial. Gen y seems better fit. 2000 kids are millennials. 90s like early 90s kids dont do or care about half that stuff. I've never wanted to or never will go to college, eat avocado toast, hate social media and arent on any platforms, dont need a safe space, i actually like talking not texting, i dont use my phone constantly, dont need a safe spot, dont care about revolt and revolution or being this or that, dont use fancy words, and certainly dont club or go back packing or anything my or newer generations do. I just work that it, some of us in generation y dont care about external c**p. We just want to survive.

One thing I have noticed about the boomer generation "not taking advice from a literal f*****g child" is that for most of their lives, they had no way to readily access all the information in the world. If they didn't know how to do something )and were too proud to ask) they had to just take a guess at it and move forward. One thing they may have a hard time understanding is that significant 'experience' doesn't mean their way is the best way, it's just the one they know. Kindly inform them of advancements in knowledge and technique, rather than tell them they're doing something 'wrong.'

Who's $5000 retirement account grows $0.12 in a year? You're doing it wrong.

Did the college thing 4 years after i finished high school. Managed to pay for it all by living in the dingiest apartment building in town on the cheap, lived off buns and soup. Once I got a job at a hospital our income exploded but we've been through alot of financial ups and downs over the last 5 years. Just recently managed to buy a townhouse in the Vancouver area which was dam near impossible but by sheer luck my husbands dad gave us $50,000. That combined with what we had saved got us our own home again just a few months ago. Started my retirement fund back when I was 24 so hopefully i wont be back to soup and buns when im old :/

I am a millennial (albeit, a very early one. So those towards the end of the millennial group tend to discount me) and I owned a house before I ever had a degree, and before I had a job that paid more than $24k/yr. I didn't get a head start, nobody but me funding anything. I had and still have a c**p ton of debt. I have decided that owning a house isn't worth the cost. I also learned that my degree is practically useless, and it is in computer science. Sure, it sounds and looks good, but I have not received a single dime in increased pay because of it. I did better before I had that debt....so maybe it is more about realizing what expenses will actually benefit you and deciding not to stay on the path that you are pushed on. Then again, I am swimming to my eyeballs in debt now and have changed my spending processes to exclude any sort of borrowing in the future. The house I own? it isn't mine...it is the banks. The car? nope, the banks. Time for me to stop borrowing.

The post made by Lauralot89 seems..... odd. In summary, they're saying "hey, look at my amazing life, that I only managed to get because I had the dumb-luck of privilege, and having a decent family - otherwise, I wouldn't have my great life. But hey, if your life sucks, at least you're still trying hard". It *sounds* encouraging, but in reality, it sounds a bit too similar to "they're starving, because don't have any bread to eat? Let them eat cake!".

I still live at home aged 25 with minimal savings no car and basic wage job

I cant wait for those ages their approching fast

quit putting s**t like this on here.

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Boomers and those who came before them invented the devices and technology the millennials are using to complain about the boomers not being tech savvy.... it's hilarious.