
This week I stumbled over an online rant from a Millennial who’s sick and tired of all the jokes being levelled at her generation – those born in the 1980s or 1990s. Hers is also known as a generation of live-at-home adults dependent on their parents who never think about creating a budget and saving for the future. She is angry about slights (real or perceived) having to do with living-room couch potatoes and basement-dwelling lazybones who have as yet failed to leave the nest to become self-reliant, useful citizens.
She has made a list under the title, “50 Things About Millennials That Make Corporate America Sh*t Its Pants.” Quite a claim, I’d say, certainly deserving of a “corporate” response, which I’ve taken upon myself to provide since America and Canada share so much in common both corporately and culturally. Indeed, for the fun of playing devil’s advocate, I’ve put on my baby boomer “corporate” hat to offer some quick parental responses to 10 selections from her 50 Millennial claims. My comments are biting, but I offer them tongue-in-cheek (sort of).
Here goes.
Alright, alright. I can almost hear howls of anger coming from Millennials reading the above. But didn’t I tell you? I’m just having some fun playing devil’s advocate here – sort of. I say sort of because there is almost always a grain of truth in biting humour. Indeed, if as a Millennial you’re foaming at the mouth about my “parental” responses, then perhaps it’s time for a reality check.
Remember your Shakespeare: “The lady (or lad) doth protest too much, methinks." I’m just saying that if you’re really upset about the above, then I may have touched a nerve. On the other hand, if you’re unfazed, then you’re either a well-grounded, responsible soul or you are a sociopath (heaven forbid the latter).
In the interest of keeping the peace, I have some thoughts.
What say we keep things simple between my parental generation of baby boomers and live-at-home Millennials everywhere. Let’s set differences aside and pretend we’re all members of a positive undertaking called the “Occupy Reality Movement,” dedicated to fair play, empathy, and hard work. Let’s consider living together as difficult circumstances dictate and loving each other as we should in the process. But let’s never be resigned to sharing digs until all of us are showing grey and bickering about who ate the last of the leftovers.
Together, let’s set goals for finding work and enjoying play. Let’s all pitch in to achieve dreams for everybody’s independence and peace of mind. Let’s talk. Let’s plan. Let’s laugh. Let’s celebrate our achievements – big and small – along the way.
Let’s value money and its limits. Let’s practice smart budget creation together with the understanding that earning one’s keep is a noble and a healthy pursuit. Let’s set rules for the home that keep everybody happy. Let’s compromise in fair ways. Let’s respect privacy and property. When money is a real problem, let’s seek assistance from non-profit professionals (Credit Canada’s counsellors are always on hand).
Above all, let’s all stop whining and finding fault. Let’s just get to it.
Have questions? We are here to help
A Debt Consolidation Program (DCP) is an arrangement made between your creditors and a non-profit credit counselling agency. Working with a reputable, non-profit credit counselling agency means a certified Credit Counsellor will negotiate with your creditors on your behalf to drop the interest on your unsecured debts, while also rounding up all your unsecured debts into a single, lower monthly payment. In Canada’s provinces, such as Ontario, these debt payment programs lead to faster debt relief!
Yes, you can sign up for a DCP even if you have bad credit. Your credit score will not impact your ability to get debt help through a DCP. Bad credit can, however, impact your ability to get a debt consolidation loan.
Most people entering a DCP already have a low credit score. While a DCP could lower your credit score at first, in the long run, if you keep up with the program and make your monthly payments on time as agreed, your credit score will eventually improve.
Anyone who signs up for a DCP must sign an agreement; however, it's completely voluntary and any time a client wants to leave the Program they can. Once a client has left the Program, they will have to deal with their creditors and collectors directly, and if their Counsellor negotiated interest relief and lower monthly payments, in most cases, these would no longer be an option for the client.