Millennial generation is often referred to as a generation with super fast thinking, intelligent, and technology literate. While Generation X (Gen Xers) was called as slow generation slow alias. It's just that, to deal with finances, it turns out, Gen Xers more intelligent than Millenial.
There is some reasons. Just a picture, along with the development of technology and social media, Millennial Generation is mentioned to be the cultivator of satisfaction and happiness of life. Traveling, for example, suddenly became the way of life of Millennial Generation around the world.
Traveling becomes the goal of living young people exceed the dream of having a luxury house, luxury car, or any other economic instrument. Instead, Gen Xers still put home ownership first. Gen Xers realized, a house is not just a place to live, but a financial asset.
In other words, not a moment's pleasure. Gen Xers sees home ownership as a long-term asset. Meanwhile, Millennials regard home as not a necessity now. Moreover, in the future. This is one of the reasons Gen Xers is smarter than the Millenial about managing money.
Before exploring further why Gen Xers are smarter than Millenial about managing money, it's good to know who the Gen Xers and Millennials are.
Gen Xers are those born in the 1965-1983 period. While the Milenial are young people born 1984-2004. Before Gen Xers there was a Baby Boomer generation born in the period 1946-1964.
Xers genes are currently aged 34-54 years. One thing that marks Gen Xers' journey economically is the great recession. As a result, this generation has difficulty managing the finances (although in fact the same problem is also experienced by Boomer or Milenial generation). It's just that, a great recession makes Gen Xers more resilient and independent. Want proof?
Apparently, more than 55 percent of startup founders are Gen Xers. People who enter Gen Xers want the highest job security after experiencing economic turmoil. While the Millenials prefer a job they like.
Different understanding with Gen Xers that really can achieve success by doing something they liked. Gen Xers is the owner of the entrepreneur's soul.