Even though I have more than I need, I struggle with making space in my budget for helping the most vulnerable. Maybe you're experiencing similar budget issues. I know from talking to friends that many of them are in the same boat, so I did a little brainstorming. How can we help others when our own purse strings are stretched thin?
Millennials are now the largest generation in the Canadian workforce, and within the next few years will begin to get real responsibility and influence in shaping our country's future. With the school year now behind us, it's a great time to think about what the future holds for education in Canada and how millennial attitudes will shape this future.
Living and housing expenses in Canadian cities are pretty heavy right now. If you're a Millennial like me, you're likely paying off a student loan, car payments, your first mortgage, or all three. There often isn't much left over at the end of the month to enjoy the much-needed and all-too-fleeting summer sunshine. So what's a thrifty city dweller to do?
As digital natives, our adaptability to change is far superior than generations past. We swiftly adapt from VHS to DVDs and record players to cassettes to CDs and MP3s. We know what a floppy disk is yet can operate our digital lifestyle almost exclusively on Cloud. Our potential is limitless and our ambition is uncapped. We are pretty brilliant.
Only recently has greater attention been paid to Generation Z. As more data is collected, what we are beginning to see is not so much a continuation of the trends we saw with Millennials, but the introduction of a new cohort with their own priorities, beliefs and abilities. With yet another generation (for a total of five!) entering the workforce, it's important to understand what makes them tick so that we can better understand how to make the most of them.
I shake my head whenever I am exposed to these stereotypes, because they are contrary to my experiences as a tech employer. After careful consideration, I've determined that not only are the specific traits of millennial employees completely opposite to these characterizations, but that a company can really capitalize on them to achieve their business objectives.
Are micro units, small condos and bachelor suites the way of the future; able to douse our city's precariously overheated housing market in a cool shower of affordable, convenient rental units? It seems the question is still up for debate here in the third least affordable housing market on the globe.
Early in 2015, I wrote about millennials as radically different from baby boomers because I believed our social structure would experience an earthquake as Gen Y took the helm. Gallup clearly identified this sea change and has researched key aspects. If you're a boomer, notably a boomer boss, pay attention! You need to know what you're into if, indeed, you don't already!
It's June and school will soon be out for the summer. What better time to teach your kids about... real estate? Why? There's actually more than 500,000 reasons to do so. The number is really 508,097 -- as in dollars, the average price of a home in Canada as of April 2016, according to the Canadian Real Estate Association. This represents a 13.1-per-cent year-over-year price gain. We need to educate our kids about the realities of property ownership before it overwhelms them.
For today's generation of rentseeker's and homebuyers, the web is almost where they live. They grew up with it and that's all they know -- blossoming from their teenage years with MSN messenger and graduating with facebook. And as TechCrunch recently reported, Apartments are the Hot New Tech Sector.
"Careful" is a helicopter parent's mantra. These kids have grown up in the shadows of fear, always too afraid to take risks, too cautious to make sound decisions alone and too callous to stand up for themselves as they have never had to. In their childhood their parents made all their decisions and as young adults they have no clue how to fend for themselves.