![]() ![]() "I think the reason we're not seeing more category creation is that what we want is here," he says. There may likely come a day when a product arrives that there is a generational shift on, Zitron says, but he doesn't believe it has arrived yet. The Pew Research Group recently published a study shedding light on the younger generation, those aged 18-29, called the Millennials. "Millennials are in this interesting time where we started a lot of this stuff, and even though we may not want to continue, we have to because of our kids." "Because I'm a parent and I have three little kids, I need to continue to learn these technologies because I need to see what they're doing," McCay explains, noting that her oldest child has asked to make a TikTok account. "Some of the ways use social media are largely to become more educated and to figure out ways to hit financial goals in ways that weren't possible previously."Īnd because an increasing number of adults find themselves needing to work past 65 to retire comfortably, keeping up with new technologies will also be important to stay competitive in the job market, Kimmel says.Īdditionally, raising children in a high-tech world will parents understanding the platforms their kids are using, she says. "We see this on Reddit with a lot of the investing subreddits where millennials are actively seeking ways to make more money and to get caught up financially," she says. Roughly a quarter of older millennials previously surveyed by CNBC Make It say student loans affected their ability to buy a home, as well as save for emergencies and retirement. ![]() Some millennials may also use platforms like Reddit to help find ways to improve their lives if they feel they're behind on life goals, Kimmel says. Millennials have been here for the birth of many major technologies More than half of older millennials surveyed by The Harris Poll and CNBC Make It say they're comfortable using NFTs, compared with 47% of Gen Xers. "A lot of us experienced all the crazes, from Beanie Babies to baseball cards," Taub says. Nonfungible tokens - the collectible digital tokens that have been selling for millions of dollars in recent months - are also familiar to millennials. Watch Iliza: Elder Millennial on Netflix. "Everything that's old is new again with technology: Once you get your 'For You' page to be more tuned to you, it's a short form, digestible YouTube," he says, referring to TikTok's recommendation algorithm which learns each user's preferences. Elder Millennial, a Netflix Comedy Special from Iliza Shlesinger, premieres July 24. Taub partially credits this to older millennials having a familiarity with the style of video, even if they weren't familiar with its new packaging. The younger and potentially lower-earning age groups dont let budget affect their. Even a newer service like TikTok - another favorite of Gen Z - has built a strong older-millennial user base, with 33% saying they use it regularly. Millennials are most likely to get into debt to discover new places. ![]()
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