On Friday the Financial Times published this article about young people and their spending habits.
The article talks about how "millennials" are failing to save for their pensions. It also includes “translation for oldies” of cool teenage phrases.
"The millennials may be annoying, but they matter," the article states. Thanks!
When the FT tweeted the article, it said:
OMG! 25 year olds should be saving £800 a month into their pension. CBA with that. https://t.co/zPiDlvYGNQ
Of course, the article didn't go unnoticed.
When someone starts telling me I should be more financially responsible
Me, in response to the idea that I should be saving £800 a month towards my pension:
.@FT
thanks FT, wow i didn't realise, oh no, i thought i'd be okay bc of the financial structure we live in seems so secure
It's almost as if the article hit a nerve with all of the young people weighed down by crippling amounts of debt.
Some people were a little more blunt with their response.
.@FT
Others turned to Kanye West for help.
Yes Kanye, but do you have a PENSION? https://t.co/fSrLLsdyAE
How can young people save money when they need to buy hats and pizza?
CBA to save £800. CBA to eat. CBA to pay rent. CBA to clothe myself. All I spend my money on is backwards hats and pizza.
How can young people save money when they keep setting it on fire?
.@FT WHAT IS A PENSION. DOES IT HAVE AN APP. IS IT ON FLEEK. SEND HELP I JUST KEEP SETTING FIRE TO £800 A MONTH.
Can someone teach millennials how to budget?
Food $200 Data $150 Rent $800 Pension $3,600 Utility $150 someone who is good at the economy please help me budget this. my family is dying
Maybe they have more important, or essential, things to be spending their money on.
millenial: just bought travelcard to participate in the drudgery of wage labour FT: WHAT AN IMPRUDENT DECISION WHAT ABOUT YOUR PENSION
And to end, a final thought:
ft draws a venn diagram on the floor with circles labeled "pension" & "cba". my fat face emerges from the center and begs for treats