"I Deserve a Raise" - The Generation Striving to Work Less and Spend More

By most account, America’s young consumers are stereotyped as a selfish, impulsive, highly indulged bunch. More so than other age groups, Gen Y has been shown to splurge on restaurant meals they probably can’t afford, pamper themselves with impulse buys, and partake in “self-gifting” during the holidays. They’ve also been criticized in the workplace for focusing on their own needs rather than on-the-job performance.Inflation is coming for us all, but it's about to hammer an "entitled generation."So says BlackRock president Rob Kapito in a recent conference of oil and gas producers in Austin, Texas, as first reported by Bloomberg News. He said an entire generation would feel the blow of the shortages in goods, housing, and workers associated with the "scarcity inflation" threatening the economy."For the first time, this generation is going to go into a store and not be able to get what they want," he said. "And we have a very entitled generation that has never had to sacrifice."In this episode of the Financial Griot podcast, we discuss what these implications could mean. And are we entitled to the results that we dream of or is the American dream dead?*Side note, we are also millennials so we might be bias.Detailed show notes, www.theneighborhoodfinanceguy.com About Us:The Financial Griot is a play on two words (Finance + Griot) that hold significance in closing the wealth gap while embracing our differences. We tell the stories that others don't. Stories about growth, opportunity and embracing changes. Beyond that we talk about Finances. Specifically, how to become Financially literate, incorporating actionable steps and ultimately building generational wealth.Can you imagine being a Millionaire in 20 years or less? Yeah it's possible. 80% of millionaires are first generation. That means they didn't come from wealth. We teach you how. Join a community of subscribers that welcome a fresh take on money.So there you have it, The Financial Griot or TFG for short. The hosts were able to amass over $2 Million in wealth in about 8 years and are on track to retire early. If you want the secrets; we will gladly share them since opportunity is abundant and Win-Win. Connect with TFG Crew aka the Hosts: Alainta Alcin - Blogger, Travel and Money Enthusiast @alainta_alcinLovely Merdelus - Entrepreneur and Small Business Growth Specialist @lovelymerdelusLawrence Delva-Gonzalez - Federal Auditor, Blogger and Tax Specialist @theneighborhoodfinanceguy