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The differences between Baby Boomers, Gen X and Gen Y
Topic Started: 29 Sep 2014, 08:00 PM (1,718 Views)
herbie
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Garden Variety
2 Oct 2014, 08:10 PM
Yeh, I,m with you there herbs, I didn,t really start bakin me noodle until I was in me 30s.

Still, there *are* differences between generations, and not just BBs and X and Y. You can go back through history, american or european, hundreds of years, and the writings and politics of generations vary wildly.

sometimes it is just the numbers ... kids who come through school with 30 in their class turn out very different than thems that came through with 20. more competitive for a start.

and peeps that grew up before the bomb aint quite as full on as thems that came after

meself I find BBs expect that every other fella thinks the same as them, so they dont see differences in the generations and most times they dont bother to ask. gotta check yer assumptions now and then.
If I was actually personally gunna go fishing 'round for some sorts of possible major diffs between those three cohorts in Oz GV, I'd be sniffing around stuff like higher breakdowns in family structures over time. Though even that might not be especially significant given that there was plenty of welfare for single parent families. Dunno? But anyway, that one possibility aside, I just don't see any real fundamental 'climactic events' at all that might be significant cohort wise. Nah, even the family breakdown stuff was just gradual - Nothing there that would line up with Mannheim's thoughts as such I'd say?
Edited by herbie, 2 Oct 2014, 08:55 PM.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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Garden Variety
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herbie
2 Oct 2014, 08:55 PM
If I was actually personally gunna go fishing 'round for some sorts of possible major diffs between those three cohorts in Oz GV, I'd be sniffing around stuff like higher breakdowns in family structures over time. Though even that might not be especially significant given that there was plenty of welfare for single parent families. Dunno? But anyway, that one possibility aside, I just don't see any real fundamental 'climactic events' at all that might be significant cohort wise. Nah, even the family breakdown stuff was just gradual - Nothing there that would line up with Mannheim's thoughts as such I'd say?
well, personally I dont subscribe to the thinking that a person born on 31/12/1961 is gunna be a whole generation apart from some bloke born on 1/1/1962.

but, most of us are made by the environment we grew up in, and the environment we grew up in changed more in the last hundred years than the two thousand before that.

maybe it aint BB,X,Y but meself I see big differences between kids born in the 60s, 70s, 80s and 90s, and even between the 40s and 50s.

fer sure, whitlam's overeducated Xs seem pretty different in attitude than them that came before.
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herbie
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Garden Variety
2 Oct 2014, 09:39 PM
maybe it aint BB,X,Y but meself I see big differences between kids born in the 60s, 70s, 80s and 90s, and even between the 40s and 50s.
Drop back to the kids born in the 30s and you'll see real diffs. With it also being true of those born in the 40s possibly. But with the occasional likes of me what was born in the 50s being the very, very odd last of the 'We don't do debt!' hold outs - Silly chap that that I was ... :)
Garden Variety
2 Oct 2014, 09:39 PM
fer sure, whitlam's overeducated Xs seem pretty different in attitude than them that came before.
The smartest Gen X I've ever known in the workforce had figured out that he got really, really good value from employing workaholic old BBs - Though that was over a decade ago. And things do move along/change/progress over time I'd reckon.
Edited by herbie, 2 Oct 2014, 10:04 PM.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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Blondie girl
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Herbs
There's a vast mix of generational age differences in my family.

So here's my experiences & perspectives..

My own parents are not BB but very debt aversive, they loaned what was required & really hurried up the process in getting rid of the banks ASAP .

Having bb brothers & hubs they all went through the process of bank loans, but their investment methods differed in the sense of what worked for each of them.

I was 22 having a loan on my PPOR & eventually NG an IP a little later, as a big believer in land value one learns to develop & flip when
required.
Men & women stayed more healthy sixty yrs ago than at present because the mothers & grandmothers of today's generation burnt well excess of 1000 calories as opposed to females today burning only 556. Why?

It's because there's bigger portion sizes & junk food availability, people years ago cooked meals straight from scratch..
However, it's not to say the food eaten was always heathy as there was lots of fats consumed...& now we are more educated in what involves healthy eating.

Also technology has made life easier but physically more lazier.

Eg
60 yrs ago we didn't have the gadgets there is now like dishwashers, washing machines people didn't drive cars everywhere etc.

So
Convenience can come at a price if you don't look after yourself.

Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$
It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged
Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do.
Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
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zaph
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Blondie girl
3 Oct 2014, 04:04 PM
Herbs
There's a vast mix of generational age differences in my family.

So here's my experiences & perspectives..

My own parents are not BB but very debt aversive, they loaned what was required & really hurried up the process in getting rid of the banks ASAP .

Having bb brothers & hubs they all went through the process of bank loans, but their investment methods differed in the sense of what worked for each of them.

I was 22 having a loan on my PPOR & eventually NG an IP a little later, as a big believer in land value one learns to develop & flip when
required.
Men & women stayed more healthy sixty yrs ago than at present because the mothers & grandmothers of today's generation burnt well excess of 1000 calories as opposed to females today burning only 556. Why?

It's because there's bigger portion sizes & junk food availability, people years ago cooked meals straight from scratch..
However, it's not to say the food eaten was always heathy as there was lots of fats consumed...& now we are more educated in what involves healthy eating.

Also technology has made life easier but physically more lazier.

Eg
60 yrs ago we didn't have the gadgets there is now like dishwashers, washing machines people didn't drive cars everywhere etc.

So
Convenience can come at a price if you don't look after yourself.

A two line summary would be good.
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Blondie girl
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zaph
3 Oct 2014, 04:37 PM
A two line summary would be good.
Am I not clear?

What I am saying is the factors of :

.Technology
. Realism of financial methods in PI
.Value systems of the importance of family bonds & meaning of working to goals

ALL
Play a part in each generation.



The differences is the oldies understand the sweat & pain of working physically hard, while the younger ones are more technologically savvy.

Serious individuals learn investing by what others have said & advised before them, it's their reality.
Edited by Blondie girl, 3 Oct 2014, 04:54 PM.
Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$
It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged
Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do.
Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
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