Hahahahaha
(Caveat: IDK if the polling company is reliable.)
Somewhere between gen-z and millenial here:
Financial success for me is having a home and food and medical care for me and my partner, and no, I am not convinced at all we will be able to sustain this
Similar age and yeah it’s a stable and secure life for my wife and I in which the choice to not have children is fully ours instead of being something we’re financially grateful for.
We were close thanks to being educated professionals but now we’re headed off on a wildly risky flight to living in a state that’s less likely to legislate our rights away.
I hear you there. It’s a frighteningly low bar when basic life survival stuff doesn’t seem sustainable.
To be fair, they’ll probably need that to buy a house
I was recently forced to spend time with some gen Z people, and there was a girl who would go on and on about how her ex would rake in something like $20k a month from his tiktok channel. I think kids just caught on that you can be dumb as a brick, morally a piece of shit, and remarkably untalented, but if you get lucky and build a following online you’ll realize success that just wasn’t available before the modern internet era
Not to sounds pessimistic… But I bet it’s BS. Same way all these women make money on only fans?
Fake it till you make it.
fuck all of them
Fuck everyone
Would anyone be surprised if there were literally zero human beings invovled in this story?
Just as brainwashed as the boomers that always vote Republican. Talked to so many boomers in the 90s and 00s that genuinely believed voting for Republican laws that hurt themselves was the right thing to do, because some day they’d be the rich ones… They’re young enough to learn yet, hopefully.
I mean, that’s by design.
Americans have been trained to see themselves as temporarily embarrassed millionaires from n birthfor half a century though oligarch captured public education and their for profit media. It’s quite useful, as those successfully deluded advocate against their own interests, like hating progressive taxation they’d benefit from as citizens, but would have to pay when, lol, they’re the rich ones at some undisclosed point in the future.
It’s why we’re a bunch of rugged individuals at each other’s throats for oligarch scraps and are actively hostile towards the concept of ever being a society. So long as they’ve convinced us to fight one another hoping to beat our fellow citizens and “win,” as capitalism demands, we’ll never collectively demand demand equity.
Fortunately for theoretical future generations born into this greed/exploitation trap, oligarch made climate change cannot be bribed, discredited, disappeared, cut in, or deluded into playing ball.
Reality will assert itself, and quite violently going by the climate scientist’s projections and our species apparent lack of any sense of self preservation.
WTF. I thought y’all were smarter than that.
Dammit.
With the current education system? They tricked you!!
More than half will probably never get to mortgage a house, let alone own it one day or have enough for retirement. Delulu babies.
That’s not a gen Z thing. It’s just that Millennial and Gen X didn’t have that really as a possibility if they weren’t born rich. Now that conservative capitalists are taking power in a time where the majority of households are lower class. So, they’re pushing that narrative again so that people won’t try to bring back the middle class with rich people’s money and instead compete with each other for what little they have.
Good luck with that, idiots. Enjoy an entire wasted life of being a temporarily embarrassed billionaire.
Why does it make someone an idiot if they wish to be a millionaire?
It doesn’t unless that’s your only goal. Having wealth gives you a lot of flexibility and potential, but it is not a good in itself. It can be used for good or evil, and it may require great sacrifice to attain it.
The idiotic things are:
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to make it the measure of financial success.
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to believe you can make it.
If that’s your definition of financial success, you - almost certainly - will not be successful. If you are on track for, say, an Ivy League education, then you have a realistic chance, with the right degree. For most people, it will be clear by age 18 whether the chance is realistic or not.
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Millionaire isn’t 1%. Everyone with a 401(k) in their 60s is one. It’s younger if you count assets like houses.
One doesn’t need to be a billionaire to belong to the 1%
From what I could track down, here is all the available data on the polling methodology:
The Empower “Secret to Success” study is based on online survey responses from 2,203 Americans ages 18+ fielded by Morning Consult from September 13-14, 2024. The survey is weighted to be nationally representative of U.S. adults (aged 18+).
It also comes not from a polling company, but from a company that provides financial news, and financial services.
Basically, the data is near-worthless.
They’ve been doing polls since at least the 2016 presidential election. I just don’t know if they are any good.
It looks like with some of their other stuff, they do provide more methodology, but given that the only methodology provided here is the fact that it was an online survey, and the sample size was 2203 (of very roughly 300,000,000) it doesn’t give us much meaninful to go off of. Notably, they also exclude anyone under 18 in the polls (or attempt to, given that this is online with no indication of how their sample was selected) which is a significant portion of those the sample is meant to represent. Given that thats all we really know, we can’t really get a meaninful idea of what the original data was, or how accurate the drawn conclusions are.
A thought I had was, that this might be a paid online poll. The answers might reflect the true feelings of the demographic that makes it a hustle to respond to those. Anyway, from my personal experience, the results are not obviously wrong. I matured before influencer culture became big. To me, it was always people playing pretend; a form of online role-playing; another thing I never got into. I feel that those a bit younger, who grew up with influencer culture, simply did not develop a world model where that distinction exists. Of course, these topics don’t come up in casual conversation, and on the internet you never really know someone’s age.
Basically, the data is near-worthless.
no… it’s worth shitloads. Just not to the people reading it. It’s worth it to the people that pay Fortune to run adds like these to get rubes trying to day trade on the markets or some other shit like that.
Not necessarily a high quality poll, but it corroborates other polls (Credit Karma did a similar poll a year ago) and surveys done on both how much Gen Z thinks they’ll make in their careers and how much they think is a fair salary. Financial therapists have reflected this sentiment from patients, terming it “money dysphoria,” the WSJ did an article on this topic using separate findings and analyzed the relationship to social media, and there have been academic treatments on the phenomenon in PLOS and Collabra: Psychology, and Morning Consult also did a separate study showing 57% of Gen Z aspire to be influencers.
In terms of generational cohorts, Gen Z is considered by scholars very distinctive. Some of those characteristics are considered positive, but many, arguably most, of them are considered cause for concern. I’m not going to defend or litigate how our generation(s) are considered, but the rough vibe of this piece seems to generally reflect a common sentiment in Z, for better or worse. The gap between perception and reality can become very warped for the terminally online and the social-media obsessed, and I think that’s true for all generations, but no other generation had that effect rampant in their lives during important developmental stages of childhood.
Wait, half of Gen Z says they want to be an influencer? Where are you getting this info?
Have to wonder if this is an issue of demographic cohort, or just age. Millennials are old enough to have an idea of how much they actually need.
Zoomers might be overestimating things
Or maybe Z knows something about inflation that everyone else doesn’t lol
That might be minimum wage in two decades who knows
Living wage? Maybe-to-probably. Minimum wage? Doubtful.
For some inexplicable reason, we just voted against a minimum wage increase here in California.
And to maintain slavery. It’s really frustrating.
So everyone thinks they’ll be in the top 1%. Brilliant thinking right there.
Exactly what we need, another generation of temporary embarrassed millionaires
