upworthy

gen zers

Community

In just 9 seconds, Amy Poehler perfectly describes why each generation sees money differently

These four generations' experiences gave them a totally different perspective. But who's right?

Canva

An older man enjoys a fancy cigar. A younger man smokes a cigarette.

Comedian and writer Amy Poehler is the gift that keeps on giving. On her popular podcast Good Hang with Amy Poehler, she welcomes guests and has brilliantly funny and often insightful conversations. (Don't sleep on the episode when she had her dear friend Paul Rudd on. It's magical.)

On a recent show with Parks and Recreation creator Mike Schur, there's a clip of her breaking down how each generation relates to money. Straight to the point, she says, "The Boomers are all about money. Gen X is like IS it all about money? Millennials are like where IS the money? And Gen-Z is like what is money?" (She adds, "That's my bad stand-up about it.")

  This is Impact YouTube page, Amy Poehler  www.youtube.com  

Hacky comedy or not, she's not wrong. Just under this short YouTube clip, there are over 3,000 comments, mostly from people who back up the claim. One notes, "Gen Z is paying more money for a car now than Boomers paid for their home."

One commenter jokingly (but also maybe accurately) adds, "Gen Alpha: WHY is money?"

On his TikTok page, Freddie Smith (@fmsmith319) references the clip and after acknowledging that Amy "totally nails it," he breaks it down even further in terms of how each generation's economy helped shape them. He states, "This is a true representation about how money has been declining over the past 40 or 50 years. The Boomers had such a big economic boom, so it was easier for them to accumulate money. 80 trillion dollars, the Boomer generation has–so of course, it's all about the money."

@fmsmith319

Boomers, Millennials and Gen Z take on money | @Good Hang with Amy Poehler


He moves on to the millennials. When you think about them, he says, "Of course, where is the money? It's because we were handed a road map at like 13 years old of exactly the steps we needed to take and someone pointed and said 'see that treasure chest? It's gonna be full of gold! Just follow the plan.' Well we followed the plan and here we are twenty years later. We open up the treasure chest and there's two f-ing coins in it."

"And then Gen Z-ers? What is money? They're going to work and they're getting paid direct deposit on Fridays and as soon as that money hits the account, it just goes automatically to their bills. They don't actually 'touch' money." He goes on to explain it would be no different for an employer to just pay in housing and/or food, because they don't actually see the money. "This is such a true representation of what we're all screaming about right now. What is going ON?"

(I'd just like to point out, as a Gen X-er, that he totally skipped over us—but we're used to it.)

 Tom Cruise, Jerry Maguire, money, movies, gif Tom Cruise asks that you show him the money.   Giphy Show Me the Money GIF 

The comments here intensely agree. One notes, ""I mean millennials also lived in the world of UNPAID internships!! Boomers made us work for free… and we paid colleges for this experience."

Over on Reddit, many people joined up to discuss this take, with which nearly all agree. Though, again, we get a Gen Alpha joke, much needed in lightening the mood, "Gen Alpha is like 'Rawarr! Me no read! Must smash'."

Someone also ingeniously links to an old SNL sketch with, you guessed it, Amy Poehler, alongside Steve Martin and Chris Parnell. The gist of it? DON'T BUY STUFF.

  Amy Poehler, Steve Martin, Chris Parnell  www.youtube.com, NBC Universal  

A commenter here writes, "I show this in my financial literacy 30 class every semester when I introduce credit. It's such a simple concept, yet so hard for many to grasp. Teach them young and hopefully they'll make great financial choices when credit becomes available to them."

Another points out, "It's sad how many people need to hear this."

To be fair, it would seem some generations don't even have the option to buy or not to buy because all their money goes to rent.

 

From Your Site Articles
money
Family

Gen Z grew up in a screen-saturated world. They're vowing to raise their kids differently.

As Gen Z approaches parenting age, they say refuse to raise "iPad kids."

Photo by Kelly Sikkema on Unsplash

Gen Z is planning to take a restrictive approach to their own kids when it comes to screens.

As a parent of three Gen Zers ages 15, 19 and 23, I spent many years fending off children begging, pleading and cajoling for screens and screen time of one sort or another. From around ages 9 to 14 with each child, I fielded question after question and complaint after complaint about them not having a phone and/or the limits my husband and I placed on their screen usage. It was exhausting to stick to our guns on that front (especially with our one child who would make an excellent lawyer). But we held the line, hoping and praying that someday they all would thank us for it.

Sure enough, each one of them has thanked us for it. Phew.

In fact, they've all started talking about how their own kids won't have any screens at all until they really need to, which is more restriction than we placed on them even.

"Good for you!" I tell my them. "And good luck." Their convictions are admirable, but little do they know that it's not as easy as it looks.

As the first full generation to be raised in the internet-enabled, screen-saturated world, Gen Z (approximately ages 11 to 26) has grown up in uncharted waters. Pretty much every adult they've ever known has carried and used a smartphone. Their educations have included hand-held screens from their earliest years, as the "edutainment" industry has exploded. Today's older kids and young adults became tech-savvy very young, they've been marketed to with various addictive apps their entire childhoods and have felt the pressures of social media throughout their formative years.

And Gen Z's parents have had to navigate those uncharted waters, raising kids in an online world we didn't have ourselves as children and struggling mightily to find a balance for them amid the digital chaos,. In an era where parents often need to work and childcare is prohibitively expensive, devices have become the easiest temporary babysitter, and a moderate amount of screen time (whatever "moderate" means) feels practically inevitable. Even the experts no longer have set screen time limit recommendations, but rather encourage parents to be conscious and engaged with what their children are using screens for. (In my former teacher opinion, there's a significant difference between setting up a child with an interactive app that teaches kids math or reading or geography and leaving a child with unbridled access to the internet.)

We also live in a world where people in general use our devices for almost everything and where sites like YouTube can be valuable tools. It's a reality that kids will not just get their own devices eventually, but will actually need to. But when, which one, how much, how often, what to limit and allow at what ages can be overwhelming questions for parents to navigate. Very few of us have managed to strike a balance that feels right. Sometimes I've worried we were being too strict and other times I worried we were too lenient. With each kid, especially when we were thrown into pandemic isolation, determining healthy screen time became more complicated.

But now that a good chunk of Gen Z are officially adults and starting to think about how they want to parent their own kids, they're surprisingly Luddite-like. After years and years of wanting screen time, getting screen time, and seeing how screen time can be filled with pitfalls, and also after observing Gen Alpha's early screen addictions, they don't want the same for their kids.

Interestingly, some Gen Zers are even trying to limit their own screen time by switching to 90s-style flip phones—or "dumb phones" as they now say.

Some are also pleading with their fellow Gen Zers to vow not to raise "iPad kids" who can't behave without having a screen shoved into their hands. Gabe Escobar garnered 25 million views with his "iPad kids" rant, with countless Gen Zers in the comments agreeing with him.

@gabesco

seriously pls we cant let it happen #genz #genalpha #ipadkid

And these Gen Zers aren't just kneejerk-reflex saying they don't want their kids to have screens at all. They understand that technology is a tool we all need and kids need to have access to learn how to use it. But they're watching the struggles of Gen Alpha and seeing how giving kids the excessive amount of screen time that they themselves probably begged their parents for at one point actually impacts them. It's not that they don't want their kids on screens at all, but it appears Gen Z is preparing for their parenting approach with foresight and wisdom, which is great to see.

@hopeyoufindyourdad

@gabesco I am fully on board with what this creator is saying although kids having ipads is a bit inevitable at this point the real issue is regulation and parenting styles #genz #genalpha #millennial #parenting #ipadkid #greenscreenvideo #greenscreen

I just hope they're prepared for how exhausting it is to fight that battle with their kids when the time comes. But at the very least, they can speak from experience when they tell their kids that they'll thank them someday for the limits.

From Your Site Articles
parenting
Trending Stories