Over the last few years we have seen the younger generation in our society not understand or appreciate the value of money. From an outsider looking in or an observer it seems that money is too easy to earn and why we see an easy come easy go type thought process. The Lambo people of this world or the everything to the moon type people who clearly have no understanding how life works.
This post on Twitter (X) must have triggered this comment and this is understandable as the value of money for some is non existent whilst it means the world to others. $500 is not that much yet in some places it would be a monthly salary.
I mentioned the other day that $250K or $500K would not be a life changing amount and someone replied that this would be more than enough for them. Yes everything is relevant to where you live and what your goals are in life and for me why would anyone settle for less when there is more to be gained and earned.
I never signed up for the X blue mark as social media is not something I like or enjoy. i am sure some people are making money from this and I am sure many are bots which is why they have apparently changed the X algorithms for payments. When anyone creates a bot account to take advantage of a system this ends up ruining it for everyone else yet this is now considered normal acceptable human behavior today.
When I started out in my career things were really tough and increases were based on performances which they should be. It took years to make any type of head way and you respected those around you. Back then job jumping every 6 months was frowned upon yet it seems normal today and why you have so many people in positions who are not qualified for the role and are over paid.
Times have definitely changed and I have seen the current young generations in action and the expectations are high for very little output. From my viewpoint many are unemployable yet they feel they are deserving of not only employment, but a decent wage. Forget having any experience as I have seen this scenario pay out with graduates thinking a piece of paper gives them an advantage when in fact this is quite the opposite in the real world.
Over the last few years we have taken a policy of hiring no graduates as the expectations are far too high and unrealistic and for some reason think they are better even though they know very little. This attitude is all too common and friends of mine with businesses have a similar policy.
I can recall my daughters friends who all graduated from university complaining that there were no jobs. 6 months prior to that I heard a group talking that they had a minimum expected wage because they were graduates. How about being realistic and finding a job first that will at least give you some work experience even if it not in your chosen field of expertise. I know of two people who had to work doing jobs that had nothing to do with their degrees and the one person ended up becoming a director and is still working there 20 years later and has never used his degree. The other person left their job and the last I heard was they had committed suicide because of not handling failed expectations. Degrees or diplomas do not write the paychecks you do through your actions.
I do think many countries around the world suffer from the real meaning of value with money and a perfect example of that is with the tipping culture in the US. If you believe 20% or 30% is a justified tip size then I would suggest in most cases those individuals are over paid and do not understand the real value of money. Those that have worked hard for their savings do not just give it away and it does not mean they are right or wrong, but value money for what it holds. The way people tip tells you so much about that person as there is a story in what they do.