Hey there! Sign in to join this conversationNew here? Join for free

Do you feel worse off than your parents? Watch

    • Thread Starter
    Offline

    20
    There are many facts and figures that demonstrate that our generation (generation Y) is substantially worse off than previous generations, by many indicators (disposable income, ability to get on the housing ladder, economic security, etc.)

    Does this surprise you, do you feel this affects you, and do you think it matters?

    Do you think we feel too entitled?

    Linked thread (contains figures etc.): http://www.thestudentroom.co.uk/show....php?t=3936941

    Edit: Also, do you think your children (should you choose to have some) will be bette roff than you?
    • Thread Starter
    Offline

    20
    If I post cute puppy pictures will I get more interest in this topic?

    You'll get the other half of the picture if there is a healthy discussion in 10 minutes...

    Attached Images
     
    Offline

    0
    ReputationRep:
    Yep.

    My parents have a house.

    I'll probably be renting for the rest of my life.

    I might be able to afford a house of some kind if I get some inheritance.

    I just hope their money won't be swallowed up in care home fees when they get old - leaving me with nothing at all
    Offline

    19
    ReputationRep:
    Of course. They had it so easy compared to this generation. We are screwed

    My parents had an abundance of good jobs to walk into.. Extremely cheap housing (Even relative and adjusted for inflation)
    • Thread Starter
    Offline

    20
    (Original post by CreamyChocolate)
    Yep.

    My parents have a house.

    I'll probably be renting for the rest of my life.

    I might be able to afford a house of some kind if I get some inheritance.

    I just hope their money won't be swallowed up in care home fees when they get old - leaving me with nothing at all
    Who do you think is at fault for this?
    Offline

    17
    Not at all.

    I think I've been given opportunities that my parents could barely dream of.

    That's mostly down to cultural factors though.

    I do think that I'm more likely to get on the housing ladder and be more financially secure as a result
    Offline

    18
    ReputationRep:
    Not at all. My Dad had it so much worse than I have. Racism was more of an issue back then and it's horrid hearing the stories he told/tells me. Also, he had a strict upbringing too.

    I had a strict upbringing to an extent, but I have had more freedom and more opportunities.
    • Thread Starter
    Offline

    20
    (Original post by Serine Soul)
    Not at all.

    I think I've been given opportunities that my parents could barely dream of.

    That's mostly down to cultural factors though.

    I do think that I'm more likely to get on the housing ladder and be more financially secure as a result
    (Original post by SubZero~)
    Not at all. My Dad had it so much worse than I have. Racism was more of an issue back then and it's horrid hearing the stories he told/tells me. Also, he had a strict upbringing too.

    I had a strict upbringing to an extent, but I have had more freedom and more opportunities.
    Fair enough.

    Do you think your kids will be better off than you?
    Offline

    17
    (Original post by SubZero~)
    Not at all. My Dad had it so much worse than I have. Racism was more of an issue back then and it's horrid hearing the stories he told/tells me. Also, he had a strict upbringing too.

    I had a strict upbringing to an extent, but I have had more freedom and more opportunities.
    Lol we're essentially the same



    (Original post by Mathemagicien)
    Fair enough.

    Do you think your kids will be better off than you?
    Lol nah

    I think I'm going to be excessively lenient with my kids (because of my own strict upbringing) and as a result, they're going to be a bit, well, off the rails.
    Offline

    18
    ReputationRep:
    (Original post by Mathemagicien)
    Fair enough.

    Do you think your kids will be better off than you?
    Yes because hopefully I will be able to provide them with the necessities and care they need.
    • Thread Starter
    Offline

    20
    (Original post by Serine Soul)
    Lol nah

    I think I'm going to be excessively lenient with my kids (because of my own strict upbringing) and as a result, they're going to be a bit, well, off the rails.
    There's a difference between being lenient, and spoiling them

    I think a wise parent will be able to make good kids by applying a minimum of pressure in certain areas

    (Original post by SubZero~)
    Yes because hopefully I will be able to provide them with the necessities and care they need.
    So your children may need your help in order to have a better life than you?
    Offline

    18
    ReputationRep:
    (Original post by Mathemagicien)
    There's a difference between being lenient, and spoiling them

    I think a wise parent will be able to make good kids by applying a minimum of pressure in certain areas



    So your children may need your help in order to have a better life than you?
    I mean I've gone through racism and bullying from a young age, but I don't want my kids to go through it. As society hopefully becomes more accepting, they may not have to go through what I have gone through/am going through.
    Offline

    17
    (Original post by Mathemagicien)
    There's a difference between being lenient, and spoiling them

    I think a wise parent will be able to make good kids by applying a minimum of pressure in certain areas
    Didn't say I was gonna spoil them

    Being excessively lenient can lead to them doing all sorts, like I've seen with many of people my age

    Eh, maybe I shouldn't be a parent then. Hopefully my partner will have some idea of control and discipline over the kids
    Offline

    20
    ReputationRep:
    No, my partner & I earn considerably more than my parents did at the same age.
    Offline

    0
    ReputationRep:
    (Original post by Mathemagicien)
    Who do you think is at fault for this?
    Not me at least.

    It's the rising house prices, which I can't control.

    It's the fault of the economy - maybe the Bank of England.

    I don't really know whose fault it is, just not mine.
    Offline

    18
    ReputationRep:
    My mum got dealt a really *****y hand in life, so I've pretty much already got it better than her.

    But in terms of a generational issue and the cost of living now as compared to the past the soaring of housing prices, graduate saturation ect. Yeah...they had it better in quite a few ways. But we also have it better in some respects. I suppose it depends on how you look at it.
    • Thread Starter
    Offline

    20
    (Original post by Serine Soul)
    Didn't say I was gonna spoil them

    Being excessively lenient can lead to them doing all sorts, like I've seen with many of people my age

    Eh, maybe I shouldn't be a parent then. Hopefully my partner will have some idea of control and discipline over the kids
    I didn't mean to imply that!

    I'm sure being a good parent is something that can be learnt over time

    Most people I know (inc. me) have very lenient families. They're all doing okay. :shrug: Though they are all quite middle class, tbh

    (Original post by Reue)
    No, my partner & I earn considerably more than my parents did at the same age.
    But the money doesn't go as far - at least, not towards essentials such as housing, food, education,...

    How about your children? Will they earn more than you, in real terms?
    Offline

    20
    ReputationRep:
    (Original post by Mathemagicien)
    But the money doesn't go as far - at least, not towards essentials such as housing, food, education,...
    We have a far higher disposable income despite the inflation.

    (Original post by Mathemagicien)
    How about your children? Will they earn more than you, in real terms?
    I've no idea, I don't have children and so couldn't possibly predict their future occupations/incomes.
 
 
 
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • Poll
    Has a teacher ever helped you cheat?
    Useful resources
    AtCTs

    Ask the Community Team

    Got a question about the site content or our moderation? Ask here.

    Welcome Lounge

    Welcome Lounge

    We're a friendly bunch. Post here if you're new to TSR.

    Groups associated with this forum:

    View associated groups
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

    Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

    Write a reply...
    Reply
    Hide
    Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.