Personal Finance: Spending priorities lean to “looking hot”
No one has any money but they have plenty to spend on looking hot, $2k+/year just on cosmetics.
Economy
Energy
Environment
Finance
Gen Z/Generational issues
Geopolitics
Health-Healthcare
Innovation
Innovative/Creative
Personal finance
Policy/Government
Public Health/Nutrition
Science
Economy: Should billionaires be forced to give away all wealth to the government?
Bill Gates has donated over $200 billion to charitable causes, WHO, foundations, research, drug discovery, education and more.
Generations: Gen Z spends hundreds per month on “treats”
Many lack understanding of money or personal finance. Wealth is created by earning, saving and investing - not by spending.
International: What % of “Boomers” vs “Gen Z” did international travel?
Gen Z has done 4x more travel than Boomers at similar ages.
Economy: What % of Gen Z vs Boomers lived at home at similar ages?
While more Gen Z "live at home" vs Boomers, half of the increase is because about 3x more Gen Z go to college than did the Boomer generation.
Demographics, Education: Johns Hopkins University lowers tuition to free
Another major university to offer free tuition as the demographic collapse takes hold.
Pensions versus self-funded retirement
In the 1980s, 70% of retirees had a pension. Today it is less than 20%. In the '70s, Congress created IRA and 401(k) accounts to encourage self funded retirement savings.
Health: Why we no longer see kids in arm and ankle casts?
In the 1960s and '70s, it was common to see kids healing with a broken arm or ankle. But this is not common today.
Demographics, GenZ: Someone gets it! Generation labels are arbitrary and stupid
Someone of notoriety points out that generation labels are arbitrary, pointless and useless.