generation

Do You Pre-crastinate? Millennials are Generation Nice?

Curated by CLAI

PRE-CRASTINATION: When it comes to structuring our work, many of us pre-crastinate – How often have you rushed to complete a task ahead of time? we’re constantly trying to check off tasks to free up our working memory—the information we remember in the short-term. Instead of being eager to get things done quickly, perhaps we need to focus on getting things done more slowly but with better quality and less revisions down the road.

Generation Nice

Generation Nice (Bon Duke, NYTIMES)

GENERATION NICE: Millenials are not an entitled generation but a complex and introspective one — with a far higher proportion of nonwhites than its predecessors as well as a greater number of people raised by a single parent.

  • Its members also have weathered many large public traumas: the terrorist attacks of Sept. 11, costly (and unresolved) wars, the Great Recession.
  • Add to those the flood of images of Iraq and Katrina (and, for older millennials, Oklahoma City and Columbine) — episodes lived and relived, played and replayed, on TV and computer screens.
  • Almost two-thirds or 64% of millennials said they would rather make $40,000 a year at a job they love than $100,000 a year at a job they think is boring.
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Generational Differences in Savings and Politics

Curated by CLAI

MILLENNIAL SAVE MORE: Millennials are more likely to have at least five months of living expenses saved. They tend to have lower expenses. They don’t have to put away as much because they are likely living at home with their parents or have roommates.

30 and 49 are more likely than any other age group to not have an emergency fund because those are the years they have a house, two or three kids and a dog. But they need the emergency savings more than anybody.”

Politics by Age

Politics by Age (NYTIMES)

POLITICS BY BIRTH YEAR: Events at age 18 are about three times as powerful as those at age 40, according to the model.

  • Silent Generation (1941): By the time Eisenhower left office in 1961, people born in the early 1940s had accumulated pro-Republican sentiment that would last their entire lifetimes.
  • Baby Boomers (1952): Childhoods and formative years under Kennedy, Johnson and Nixon left them relatively pro-Democratic.

AGING: Boomer Classic v. Boomer Reboot

BOOMER PROBLEMS: “In your 20s, it’s “I met this great girl, we were up all night doing it!”; in your 40s it’s “Boy, did I have a great steak last night, it was fantastic!”; then, it’s “Wow, did I successfully evacuate my bowels!” – Dustin Hoffman

BOOMER 1.0 & 2.0: The baby boomer generation (1946 to 1964) has two distinct halves: Boomer Classic and Boomer Reboot. The differences between are: sex, drugs and rock ‘n’ roll — and economics and war. It matters whether you were a child in the 1940s and ‘50s, or in the 1960s and ‘70s.

Tiger Leaping Gorge Village Home, China

Tiger Leaping Gorge Village Home, China (Credits: Christine Lai)

ASIAN AGING DYNAMICS: “This idea that the younger generation is culturally mandated to take care of their parents is deeply ingrained in the Chinese culture. Children are supposed to take care of older parents in need. But that tradition is being eroded, by the increasing number of families that are geographically dispersed or in which both spouses have to work.