"I want to be an influencer and make $600000". The entitlement nativity and backwards view of the world Gen Z has is sad. This country is a victim of its own success and has created a bubble not seen anywhere else
Me when my brain is too small and I think that 300 people who responded to a poll- correctly capture the worldview of an entire generation. By this same logic Boomers have a backwards view of the world where you ruin the prospects of your children and their children, create a housing market bubble on purpose, and sold all of our jobs to overseas conglomerates, because they are demons with no heart. It's sad.
“A victim of its own success and crated bubble not seen anywhere else” well put I’ve never heard it described it that way. A spoiled generation for sure.
Boomers like myself need to simply remove a "0" from any modern number to compare it to our time. Thus $15/ hrs is our dollar fifty and $500,000 is our $50k . Inflation has been destroying since 1971 when Nixon ended the last thread of the dollars/ gold connection.
Exactly. My grandfather was a Philly police officer. My grandmom stayed home until the youngest of their 4 kids was 9 and then she worked 18 years at the IRS in the personnel dept (no college degree). They owned 2 homes (1 was a beach house), two cars, raised 4 kids, and retired very comfortably with their 2 pensions, social security, and modest savings.
Gen Xer with a Boomer trad wife and 1 kid, but a DotComer and retired in my 40s. Every generation has its winners, so Gen Zers see the same huge opportunities as us Gen Xers when the Internet opened up to ecommerce in the 90s. Gen Z sees AI, robots, Mars, energy, and the changing of the guard with media (news, media, TV, cable, social media, etc.). THE FUTURE IS BRIGHT especially with business savvy and capitalists like Trump, Elon, and Vivek.
@@yn5568 Try seeking elsewhere. There is maybe one or two single family homes in my neighbourhood that are priced at half that much. Most others are about $300k or less. Also, how do you know that kathycooper3594 does not have to worry about housing ?
It's going to be difficult for them to earn $600k per year as baristas, waiters, bartenders and online content providers. Even more difficult earning that level of income living at home with their parents without working at all. Maybe they meant to say $60k bi-annually. Or perhaps OnlyFans and similar endeavors are far more lucrative on average than expected. The related question is why on earth would they think they need that much income merely to live? Perhaps shelling out for OnlyFans and similar content is far more expensive than expected.
@davidwong5197 you can get buy with a little more than the bare necssites on a thousand bucks.a week Assuming you live alone. I'm not saying the average person has it good. But people largely have what they need
@@mattboyer3385 Depends on where you live. I am retired and own my home in CA. If I start over. I cannot afford my house. My neighbors are paying 20K a year just on property tax. I have almost 300 a month just on utility. Yes I can get by 1000 a month if I don't have to pay property tax, or medical bill. And I have not include car insurance, health insurance. Before I have Medicare I paid 2500 a month health insyrance for the family. So for ypong folks to live on 1000 they basically have to rely on their parents.
The survey is meaningless without adjusting for location; I suppose living in NYC, CHI, LA or any other gentrified major city, you would probably need that much to cover housing, groceries, etc. However, living in rural areas costs significantly less.
Precisely. I live in a small town in NE Ohio (low cost of living). I make like $70-$75k between both jobs, and I am able to save/invest every week on top of paying all my bills. I live below my means and don’t have a car payment though… 😅
Respectfully, this is not news. I’m guessing the survey was worded in a way that made people write down an aspirational amount. I do not know any young people who believe that’s (or any number close to it is) a realistic salary for the average person
Those numbers they show are dismal. Trump didn't win because Gen Z is conservative, he won because Gen Z and Millennials will follow social media personalities.
I’ll be the first to agree with my fellow young adults in saying that the American Dream has been made nearly impossible. But I’m quite confident that they have no idea what $600k a year equates to.
WHEN THE HOMELESS AMERICAN PEOPLE ARE OFF THE STREETS. REEDUCATED AND AMERICA IS FIXED!!! THEN WE CAN TALK ABOUT ANYONE THAT WANTS TO MAKE 600k A YEAR.
I don’t wanna be THAT guy, but a HUGE percentage of those homeless people CHOOSE to live that way. It doesn’t matter how much money you throw at them, or nice housing you try to give them, most of them will squander it away in a very short amount of time. I wish it wasn’t true, but it is. Unfortunately, nobody can FORCE grown adults to take their medication consistently, just like nobody can FORCE a person to care about their life.
@ce6ej Dude try CA. People can't afford rent and have to live in their cars. Lots of students at UC lived in their cars. Stop assuming and talk to people.
If you need $600k annually to live then you better get a job with chances of promotions to move up in the working class. Not everyone is cut out to be a social media star.
I make 90k, own a home, support a family of three, have two vehicles paid off, and still have enough for vacations and savings. I first went single income last year, making 73k. People are nuts.
@vic101ify It's one of the many reasons I don't live in California. But apart from California I could purchase a decent house in most places. Even in California there are cheaper homes available from what I've seen but they either involve a long commute or are in poor condition.
I wish more kids (young adults) would stop worrying about instant gratification. These kids need to open a Robinhood account (or WHATEVER app) and start putting small amounts of money away… even if it’s just $15-$20 a month. At 37 now, I WISH my parents/school/whoever forced me to start saving/investing in my early 20s!!
600k is wild but for the same quality of life as our peers we definitely need more than the older gens. Its actually is just more expensive to live now, thats not made up
It's an instant gratification mindset. They should learn to have patience and take things one step at a time, as every other generation has done before them.
Xenial here and we definitely have it harder in a financial sense than my parents and grandparents. Mainly has to do with monetary and fiscal policies from both sides. Democrats are just as bad as Republicans when it comes to borrowing, spending, and printing money. We better get those things under control or austerity measures will be forced on us because of our crippling debt.
That’s not true. You’re going to be in the 75k-150k tops in those two industries. That’s the reality for 99% of anyone in those jobs. 175-250k for the small minority which means being in a management role to hit that mark.
It is very difficult to buy a home which was the same problem in the 2006 era. The difference is as we look back there was a crash shortly after that. We have not had that yet. Who knows if we will but usually when things go up this much this fast, they come down as well.
@@europa Everyone always has a reason as to why it can't happen, until it happens. If i had a nickel for every person that told me the market couldnt crash in 06 for one reason or the other.
Housing costs have skyrocketed, making it nearly impossible for a dual-income household to afford a home within a reasonable timeframe. To address this crisis, we need deregulation to enable innovative housing solutions. With an abundance of vacant office spaces due to the rise of remote work, repurposing them into apartments could provide a practical and immediate remedy.
The cause of high cost is because you are competing with corporation tn the housing market. We need more supply on affordable housing and ban corporation from owning private homes. The property tax alone for an average home in CA is 12K
The median income is 60K. No more than 30% should be spent on housing. So that leaves 42K for food, child care, health insurance, transportation, arts and entertainment. So it looks like an income of at least 120k is needed.
Nope Just don’t want to live paycheck to paycheck Don’t want to be in the position if I lose my job I’m homeless Don’t want to lose everything due to medical issues I’d like to retire with dignity
If they were born in 2002 and their parents had a median household income ($42,000) they would need to make $290,000 to hit that equivalent income by the time they retire at 3% inflation. That is the BEST case scenario. If inflation is higher than the governments stated rate by 2% percent they need to make over $1,000,000. Just a good thing to keep in mind.
Yeah it's Young Americans fault that corporations took over this country. Definitely not the fact that you guys f****** privatized and sold out the country way before us
Politics is always a swinging pendulum. It has gone as far left as it can and now the swing is back to the right. It will look and feel like sanity for a while until it also goes too far. And it will, eventually, maybe even faster than we think.
“Half of those surveyed feel like they are less successful than those around them.” Holy smokes thats too dead accurate how do they know that half of people are more successful than the other half of people. The bloke who speaks a bit funny said that as if it oughtnt be that way. Im not sure he meant to imply such a thing. If he did hes a twit.
Gen Xer with a Boomer trad wife and 1 kid, but a DotComer and retired in my 40s. Every generation has its winners, so Gen Zers see the same huge opportunities as us Gen Xers when the Internet opened up to ecommerce in the 90s. Gen Z sees AI, robots, Mars, energy, and the changing of the guard with media (news, media, TV, cable, social media, etc.). THE FUTURE IS BRIGHT especially with business savvy and capitalists like Trump, Elon, and Vivek.
Gen Xer with a Boomer trad wife and 1 kid, but a DotComer and retired in my 40s. Every generation has its winners, so Gen Zers see the same huge opportunities as as Gen Xers when the Internet opened up to ecommerce in the 90s. Gen X sees AI, robots, Mars, energy, and the changing of the guard with media (news, media, TV, cable, social media, etc.). THE FUTURE IS BRIGHT especially with a business savvy and capitalists like Trump, Elon, and Vivek.
Where I live, I would be GOLDEN on $100k a year. Heck, even $80k a year would be PLENTY. The catch?? I live in a tiny rural town in NE Ohio, where the cost of living is low and you have to drive at least 20mins to find cool stuff to do 😂.
How so? When I used an inflation calculator $100k in 1990 only came out to be just under $242K in 2024. And, I used two different inflation calculators. There would need to be almost a 6% annual inflation rate in order for $100k back in 1990 to equal $600K now.
This is how capitalism is supposed to work folks. You create the need then fill the demand. Gen Z is at the tail end of this phenomenon at work. We voted for this when we voted for Trump.
@ce6ej Blaming the President (or soon to be President) for EVERYTHING from the economy to colon cancer is protected by the 1st amendment. It's a full fledged American tradition. Get with the program.
Maybe consider they never actually had money, don't understand a reasonable budget and don't know what they're talking about?
Wait until 95% of them realize they ain't gonna make even 1/8th of that. 😅
You're probably a bit generous.
@Barberdan I figured we'll give them the span of their life coupled with the current rates of inflation.
Half of them said they are less successful than their peers. That is actually correct if they all are in the bottom 50%.
"I want to be an influencer and make $600000". The entitlement nativity and backwards view of the world Gen Z has is sad. This country is a victim of its own success and has created a bubble not seen anywhere else
Me when my brain is too small and I think that 300 people who responded to a poll- correctly capture the worldview of an entire generation. By this same logic Boomers have a backwards view of the world where you ruin the prospects of your children and their children, create a housing market bubble on purpose, and sold all of our jobs to overseas conglomerates, because they are demons with no heart.
It's sad.
“A victim of its own success and crated bubble not seen anywhere else” well put I’ve never heard it described it that way. A spoiled generation for sure.
Boomers like myself need to simply remove a "0" from any modern number to compare it to our time. Thus $15/ hrs is our dollar fifty and $500,000 is our $50k . Inflation has been destroying since 1971 when Nixon ended the last thread of the dollars/ gold connection.
Well, we are 2 income GenX professionals, 1kid and we live about the same level my father provided in 1 income and 3 kids. So they're probably right
Exactly. My grandfather was a Philly police officer. My grandmom stayed home until the youngest of their 4 kids was 9 and then she worked 18 years at the IRS in the personnel dept (no college degree). They owned 2 homes (1 was a beach house), two cars, raised 4 kids, and retired very comfortably with their 2 pensions, social security, and modest savings.
Gen Xer with a Boomer trad wife and 1 kid, but a DotComer and retired in my 40s.
Every generation has its winners, so Gen Zers see the same huge opportunities as us Gen Xers when the Internet opened up to ecommerce in the 90s. Gen Z sees AI, robots, Mars, energy, and the changing of the guard with media (news, media, TV, cable, social media, etc.).
THE FUTURE IS BRIGHT especially with business savvy and capitalists like Trump, Elon, and Vivek.
Did your father have streaming services and other subscriptions as part of basic living expenses.
Try being a retired person living in 16,000 a year
At least you don’t have to worry about housing. Imagine your lowest single family home costing $1.8M
The trick is to have everything paid off by then, obviously that doesn't happen for most people..
@@yn5568 Try seeking elsewhere. There is maybe one or two single family homes in my neighbourhood that are priced at half that much. Most others are about $300k or less.
Also, how do you know that kathycooper3594 does not have to worry about housing ?
trying to live like that is exactly what it sounds like. you need 600k
Yeah, my dad makes $10k a year. I don't understand how the government thinks that's enough.
Way too much entitlement. They wanna work entry-level positions and make that kind of money
Yum! A whole generation of narcissists.
I see a "crash & burn" scenario in their future. Of course they'll put the blame everywhere but on themselves.
It's going to be difficult for them to earn $600k per year as baristas, waiters, bartenders and online content providers. Even more difficult earning that level of income living at home with their parents without working at all. Maybe they meant to say $60k bi-annually. Or perhaps OnlyFans and similar endeavors are far more lucrative on average than expected. The related question is why on earth would they think they need that much income merely to live? Perhaps shelling out for OnlyFans and similar content is far more expensive than expected.
do you know how much a house costs these days.? its almost a million
We Can Not Go Any Further Till This Country IS Fixed. America is extremely damaged. And it's going to take ALL OF US TO MAKE A DIFFERENCE!!!
United We Stand
Our ideas and cultures are all different, how to come together on solutions?
This is less about Gen Z being spoiled and more about them having no concpet of what things cost
Thing costs a lot.
@davidwong5197 you can get buy with a little more than the bare necssites on a thousand bucks.a week Assuming you live alone. I'm not saying the average person has it good. But people largely have what they need
@@mattboyer3385 Depends on where you live. I am retired and own my home in CA. If I start over. I cannot afford my house. My neighbors are paying 20K a year just on property tax. I have almost 300 a month just on utility. Yes I can get by 1000 a month if I don't have to pay property tax, or medical bill. And I have not include car insurance, health insurance. Before I have Medicare I paid 2500 a month health insyrance for the family.
So for ypong folks to live on 1000 they basically have to rely on their parents.
@davidwong5197 California, you explained it. If you're retired, you got what you voted for.
@davidwong5197 I meant a week, not a month, and I had people currently working in mind
Well , they have to start by working first !
It isn’t going to be handed to them while they sit on their behinds !
More unhappiness from the people who have everything. What a surprise!!
I'd be set with $70k
600k? Dream on
Possible if you’re good at sales, marketing, and team building. Issue is, you can’t do it without sharpened skills and market fit.
The survey is meaningless without adjusting for location; I suppose living in NYC, CHI, LA or any other gentrified major city, you would probably need that much to cover housing, groceries, etc. However, living in rural areas costs significantly less.
Precisely. I live in a small town in NE Ohio (low cost of living). I make like $70-$75k between both jobs, and I am able to save/invest every week on top of paying all my bills.
I live below my means and don’t have a car payment though… 😅
Respectfully, this is not news. I’m guessing the survey was worded in a way that made people write down an aspirational amount. I do not know any young people who believe that’s (or any number close to it is) a realistic salary for the average person
Those numbers they show are dismal. Trump didn't win because Gen Z is conservative, he won because Gen Z and Millennials will follow social media personalities.
I’ll be the first to agree with my fellow young adults in saying that the American Dream has been made nearly impossible. But I’m quite confident that they have no idea what $600k a year equates to.
WHEN THE HOMELESS AMERICAN PEOPLE ARE OFF THE STREETS. REEDUCATED AND AMERICA IS FIXED!!! THEN WE CAN TALK ABOUT ANYONE THAT WANTS TO MAKE 600k A YEAR.
I don’t wanna be THAT guy, but a HUGE percentage of those homeless people CHOOSE to live that way. It doesn’t matter how much money you throw at them, or nice housing you try to give them, most of them will squander it away in a very short amount of time.
I wish it wasn’t true, but it is. Unfortunately, nobody can FORCE grown adults to take their medication consistently, just like nobody can FORCE a person to care about their life.
QUIT SHOUTING AT US BOOMER!
@ce6ej Dude try CA. People can't afford rent and have to live in their cars. Lots of students at UC lived in their cars. Stop assuming and talk to people.
@@davidwong5197 Dude, there was no blanket assumption. A "HUGE" percentage was stated, not all, or even most.
@@answerman9933 Cited the source then.
With enough inflation they can make that. A small home will cost a billion dollars but they’ll be making $600k. 🤷♂️
The money is being debased…..
If you need $600k annually to live then you better get a job with chances of promotions to move up in the working class. Not everyone is cut out to be a social media star.
I make 90k, own a home, support a family of three, have two vehicles paid off, and still have enough for vacations and savings. I first went single income last year, making 73k. People are nuts.
do you even how much a house costs now a days in california. you wont be able afford one with that income
@vic101ify It's one of the many reasons I don't live in California. But apart from California I could purchase a decent house in most places. Even in California there are cheaper homes available from what I've seen but they either involve a long commute or are in poor condition.
I wish more kids (young adults) would stop worrying about instant gratification. These kids need to open a Robinhood account (or WHATEVER app) and start putting small amounts of money away… even if it’s just $15-$20 a month.
At 37 now, I WISH my parents/school/whoever forced me to start saving/investing in my early 20s!!
600k is wild but for the same quality of life as our peers we definitely need more than the older gens. Its actually is just more expensive to live now, thats not made up
$600 thousand per year is needed by me too
It's an instant gratification mindset. They should learn to have patience and take things one step at a time, as every other generation has done before them.
This poll has got to be nonsense
Clout is a “human right”, don’t you know this folks?
President makes 400,000 they want more that that lol 😂
Xenial here and we definitely have it harder in a financial sense than my parents and grandparents. Mainly has to do with monetary and fiscal policies from both sides. Democrats are just as bad as Republicans when it comes to borrowing, spending, and printing money. We better get those things under control or austerity measures will be forced on us because of our crippling debt.
Niall basically admitted he doesn't understand economics around the 8:40 mark.
Make minimum wage 2000$ an hour and have the government pay off all your debts. Easy peasy.
Get a good job in finance/tech or software sales and this is very achievable once you hit 30’s 40’s
That’s not true. You’re going to be in the 75k-150k tops in those two industries. That’s the reality for 99% of anyone in those jobs. 175-250k for the small minority which means being in a management role to hit that mark.
It is very difficult to buy a home which was the same problem in the 2006 era. The difference is as we look back there was a crash shortly after that. We have not had that yet. Who knows if we will but usually when things go up this much this fast, they come down as well.
@@europa Everyone always has a reason as to why it can't happen, until it happens. If i had a nickel for every person that told me the market couldnt crash in 06 for one reason or the other.
They see how much housing costs
Were the respondents in this survey only people in San Francisco?
By definition, would half not be less successful than the other half?
That's not notable. It means they are spot on with regards to success
And this is different from Millennials how?
We really didnt think about ever making that much money. What? 😂😂😂😂😂😂
The same survey showed far more reasonable numbers for other generations. They did not mention that.
Housing costs have skyrocketed, making it nearly impossible for a dual-income household to afford a home within a reasonable timeframe. To address this crisis, we need deregulation to enable innovative housing solutions. With an abundance of vacant office spaces due to the rise of remote work, repurposing them into apartments could provide a practical and immediate remedy.
The cause of high cost is because you are competing with corporation tn the housing market. We need more supply on affordable housing and ban corporation from owning private homes. The property tax alone for an average home in CA is 12K
The median income is 60K. No more than 30% should be spent on housing. So that leaves 42K for food, child care, health insurance, transportation, arts and entertainment. So it looks like an income of at least 120k is needed.
You forgot about taxes
@hkschubert9938 good point
Simply lost the touch with the reality.
Unfortunately it is close to reality
I don’t know who they were asking, but I want 5 million and up 600,000 is what McDonald’s employees are gonna get paid soon. I have a degree lol 💀
Nope
Just don’t want to live paycheck to paycheck
Don’t want to be in the position if I lose my job I’m homeless
Don’t want to lose everything due to medical issues
I’d like to retire with dignity
If they were born in 2002 and their parents had a median household income ($42,000) they would need to make $290,000 to hit that equivalent income by the time they retire at 3% inflation. That is the BEST case scenario. If inflation is higher than the governments stated rate by 2% percent they need to make over $1,000,000. Just a good thing to keep in mind.
Young Americans NOT asking for Single Payer Public Healthcare in 2024,
meaning: Corporations do have a complete lock on American life.
Yeah it's Young Americans fault that corporations took over this country. Definitely not the fact that you guys f****** privatized and sold out the country way before us
Politics is always a swinging pendulum. It has gone as far left as it can and now the swing is back to the right. It will look and feel like sanity for a while until it also goes too far. And it will, eventually, maybe even faster than we think.
The first 50 seconds is disturbing.
“Half of those surveyed feel like they are less successful than those around them.” Holy smokes thats too dead accurate how do they know that half of people are more successful than the other half of people.
The bloke who speaks a bit funny said that as if it oughtnt be that way. Im not sure he meant to imply such a thing. If he did hes a twit.
Maybe they can order $600,000 in play money from Amazon every year. Rappers do it all the time. 🎉😅
Gen Xer with a Boomer trad wife and 1 kid, but a DotComer and retired in my 40s.
Every generation has its winners, so Gen Zers see the same huge opportunities as us Gen Xers when the Internet opened up to ecommerce in the 90s. Gen Z sees AI, robots, Mars, energy, and the changing of the guard with media (news, media, TV, cable, social media, etc.).
THE FUTURE IS BRIGHT especially with business savvy and capitalists like Trump, Elon, and Vivek.
Gen Xer with a Boomer trad wife and 1 kid, but a DotComer and retired in my 40s.
Every generation has its winners, so Gen Zers see the same huge opportunities as as Gen Xers when the Internet opened up to ecommerce in the 90s. Gen X sees AI, robots, Mars, energy, and the changing of the guard with media (news, media, TV, cable, social media, etc.).
THE FUTURE IS BRIGHT especially with a business savvy and capitalists like Trump, Elon, and Vivek.
Just a few short years ago you were comfortable on $100,000 annually...
Where I live, I would be GOLDEN on $100k a year. Heck, even $80k a year would be PLENTY.
The catch?? I live in a tiny rural town in NE Ohio, where the cost of living is low and you have to drive at least 20mins to find cool stuff to do 😂.
You just tried to stage an actual insurrection. This entire platform needs to be expelled
These guys dont have a clue!😂
I downvoted. Join me.
600k today is like 100k in the late 90s
How so? When I used an inflation calculator $100k in 1990 only came out to be just under $242K in 2024. And, I used two different inflation calculators. There would need to be almost a 6% annual inflation rate in order for $100k back in 1990 to equal $600K now.
Good luck 🤞 with that one.
Can you please post you income? Asking for a friend. Every time I search for it , I get a virus on my phone
OF causes this lol
🤣🤣🤣
😂
This is how capitalism is supposed to work folks. You create the need then fill the demand. Gen Z is at the tail end of this phenomenon at work. We voted for this when we voted for Trump.
He isn’t even in office yet, but we are ALREADY blaming Trump 😂. I can’t with you people…. What a JOKE!
@ce6ej Blaming the President (or soon to be President) for EVERYTHING from the economy to colon cancer is protected by the 1st amendment. It's a full fledged American tradition. Get with the program.
Get a job then or two !
The money is being debased…..