I’m unafraid to ask for student discounts, corporate discounts, damaged-item discounts, and the nebulous “Is there any way to get a better price on this item?” discount at chain stores and other places that I suspect will want to accommodate me.
Some 124.6 million Americans were single in August, 50.2 percent of those who were 16 years or older, according to data used by the Bureau of Labor Statistics in its monthly job-market report. That percentage had been hovering just below 50 percent since about the beginning of 2013 before edging above it in July and August. In 1976, it was 37.4 percent and has been trending upward since. … The percentage of adult Americans who have never married has risen to 30.4 percent from 22.1 percent in 1976, while the proportion that are divorced, separated or widowed increased to 19.8 percent from 15.3 percent, according to the economist.
This is great! The more single people there are, the more normal being single is and the less I have to worry about accidentally offending my friends who are dating by seeming either too excited about their romantic prospects or not excited enough, or somehow both at the same time. (Though I mean well, I am constantly messing up. In this way, having single friends is kind of like life!)
But now that we’re an early-Bridget-Jones-type singleton as a nation, what does that mean for us financially? Unencumbered folks have fewer young children to oversee, take out fewer mortgages, and so on. Since basically the only real downside to remaining independent is the fear and expense of dying alone, Bloomberg suggests investing in long-term care insurance while you’re still young because “in most of the U.S., a private room in a nursing home can cost more than $100,000 per year” (!!!) and after you hit 40 or 50, insurers are likely to decline you because you’re already too close to the chasm. Be clear about your end-of-life plans and choices. And enjoy your awesome DINKy lives! Don’t forget to babysit.
Hold onto your hats! Millennials are taking over, which means that people from other generations are going to have to stop bitching about the youngs for a second and figure out how to welcome their new corporate overlords. Time has some suggestions:
“Determine how your millennial boss prefers to communicate,” Dorsey says. For instance, maybe they hardly ever check voicemail, but they might be quick to respond via online chat or text message. Be prepared to hustle. “The day-to-day work at a Generation Y–led business is very intense and fast,” says Arvind Jay Dixit, CEO and founder of social-media platform Bubblews. Be flexible — you might be expected to jump into a variety of roles and do a wide variety of tasks, Dixit says. It might sound daunting, but it can pay real dividends for your career. “This keeps workers on their toes and motivated because they feel they have power to be able to influence decisions and strategy across the board,” he says. Sharpen your social (media) skills. “Millennials expect to build a brand on various social platforms and be ‘liked’ in volume,” says Michelle Dennedy, vice president and chief privacy officer at McAfee Inc. Since before they were teenagers, millennials have been expressing themselves online and are used to a constant flow of information and communication, she says. Don’t try to be their BFF. “What we see is that employees struggle more in a job as they become friends with a millennial boss outside of work,” Dorsey says. “Keeping it professional is the way to keep the job.” Keep your tech skills up to snuff. “Millennial small-business owners tend to be very technologically savvy and open to digital tools and innovation that will help their business succeed,” says Keri Gohman, head of small-business banking at Capital One.
Have you gotten to be a #GIRLBOSS? What are your tips for having non-millennials — who still expect to do things like, ugh, make phone calls — as employees? Or alternatively I guess how do you like dealing with millennials as your employers?
You need to stake a claim to two seats toward the exact middle of the train car. The “middle” part is crucial.
Unexpected $100 from Grandma showing up in your mailbox. It’s not your birthday, but last week she got lucky at the craps table.