Talking to Millennial Homeowners Who Just Bought Their First Home

"We were surprised by how fast everything happened. We weren't planning to buy something so quickly, but ended up finding the right house in the right location and at the right price."

Talking to a Millennial Homeowner

My friend Mo Hayes and her husband Jeff fall into this dual category of Millennials and homeowners. In fact, the two of them bought their home while Mo was still in college. What prompted them to join the 33.3 percent of Millennials who are homeowners? I asked Mo about her decision.

When Is It OK to Quit a Job Without Having Another One

Anytime you need to. You're a millennial. No one expects you to stay in a job longer than 7 months at a time! Do what you want.

Billfold Housing Survey Results: Are You a Millennial?

Sixty-five percent of survey respondents identify as Millennials in the first pie chart, but a full eighty-two percent of our respondents are Millennials once we include the people who grudgingly admit that, yes, they were born after 1980.

The Cheapest Generation Goes Generous for the Holidays

we miserly Millennials are having spendy holiday seasons

Do You Venmo?

Once upon a time a few days ago, some olds — people who were in their 30s — had (and then published) an inter-office online chat with some youngs — people who were in their 20s on the subject of Venmo, the app whose primary purpose is to facilitate bill paying among friends. It has a social component too, though, which is what shocked the olds.

The youngs tried to explain to the olds why Venmo was convenient and fun. The olds pointed out that if you rearrange the letters the app’s name becomes, appropriately, Venom. The young expressed polite skepticism that the app actually intended to poison them. The olds exploded.

heatherlandy 11:52 AM omg, it’s not bad enough that i have to know that the girl i used to sit next to in social studies just took her 4-year-old to the dentist, now i have to know that one of you paid your roommate for the phone bill??? people, you are just GIVING your privacy away! about sensitive things like money! we all need to have a big talk soon… 

Which side of Venmo divide do you fall on, dear readers? I’m in No Man’s Land: I have no philosophical problem with the app but I don’t use it, either. Do you find it entertaining or horrifying how blase certain people are about sharing financial info with their friends?

Note: I was tempted to title this “Venmo Venmo Venmo,” in homage to the Simpsons episode “Krusty Gets Cancelled” where there’s all this mysterious advertising for “GABBO GABBO GABBO” but that might be too esoteric. It would be, right? Yeah.

Talking to a Millennial Landlord

"Well, I knew when I bought the place that I wasn’t long for Ohio. I was there for a job and was only going to buy a rentable property. I decided to become a landlord because this condo was in a larger building, maybe 60 units, and within walking distance from the capital. I figured if I couldn’t rent that, then the whole state had collapsed into a sinkhole."

Ready to Buy? Get Ready to Move

Prices in areas favored by Millennials are only 6.1% higher than in 2013. Great, right? Except Millennials still can't afford to buy.

How to Be a Boss Boss

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?