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?
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 Poehlerwww.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 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 Parnellwww.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.