The document discusses generation gaps between different age groups. It defines generation gap as a lack of communication between generations due to differences in tastes, values, and outlook. It then lists six generations from Post-War Cohort to Generation Z and describes Generation X as high-cultured and conservative while Generation Y is energetic, active, and dependent. The main causes of conflict between generations are listed as opinions, lack of respect, and differences in values. Suggested solutions include both older and younger generations making efforts to understand each other better and spend more quality time together.
The document discusses the generation gap between young people and their parents. It identifies some of the common reasons for generation gaps, such as parents not treating their children age-appropriately, accusing each other, and having different ideas and expectations. It outlines different perspectives on the causes of generation gaps and provides suggestions for preventing gaps, such as parents developing strong value systems, being role models, giving children time and space, and compromising to spend more quality time together. The conclusion is that generation gaps are natural due to changes over time but can be decreased through communication and understanding between parents and children.
This document discusses generation gaps between different age groups. It defines generation gap as a lack of communication between generations due to differences in tastes, values, and outlook. Six generations are identified: Post-War Cohort, Baby Boomers, Generation Jones, Generation X, Generation Y, and Generation Z. Differences in lifestyle, culture, technology use, and language between older and younger generations are cited as causes of generation gaps. Both positive and negative effects of generation gaps are described. Solutions proposed include establishing family time, respecting elders, and maintaining open communication between the generations.
Financial literacy is a magic bullet to social justiceAlpesh Patel
The data shows that women and ethnic minorities are paid less, are broadly less well off financially, and are also less financially literate. Relative financial illiteracy compounds social and structural biases and historical hardships. This implies financial literacy is even more important than we may have realised for social justice and social mobility.
Millennials lack important life and financial skills due to deficiencies in education systems. While families are the primary source of advice, many millennials still struggle with basic financial tasks like managing expenses, building credit, and budgeting for student loans. However, they are optimistic and want guidance on bigger topics like saving for retirement and education. Banks have an opportunity to provide relevant advice and establish trust by understanding millennial needs, supporting financial education, and communicating through relatable online resources.
This document compares the differences between current and earlier generations. It argues that earlier generations had a stronger work ethic, were more independent and resourceful, and faced harder consequences. In contrast, it says current generations feel more entitled, want more rewards without effort, rely on online connections over in-person interactions, and advocate through social media rather than real-world protests. The conclusion calls for current generations to appreciate what earlier generations have provided and contributed to society.
The document discusses generation gaps between different age groups. It defines generation gap as a lack of communication between generations due to differences in tastes, values, and outlook. It then lists six generations from Post-War Cohort to Generation Z and describes Generation X as high-cultured and conservative while Generation Y is energetic, active, and dependent. The main causes of conflict between generations are listed as opinions, lack of respect, and differences in values. Suggested solutions include both older and younger generations making efforts to understand each other better and spend more quality time together.
The document discusses the generation gap between young people and their parents. It identifies some of the common reasons for generation gaps, such as parents not treating their children age-appropriately, accusing each other, and having different ideas and expectations. It outlines different perspectives on the causes of generation gaps and provides suggestions for preventing gaps, such as parents developing strong value systems, being role models, giving children time and space, and compromising to spend more quality time together. The conclusion is that generation gaps are natural due to changes over time but can be decreased through communication and understanding between parents and children.
This document discusses generation gaps between different age groups. It defines generation gap as a lack of communication between generations due to differences in tastes, values, and outlook. Six generations are identified: Post-War Cohort, Baby Boomers, Generation Jones, Generation X, Generation Y, and Generation Z. Differences in lifestyle, culture, technology use, and language between older and younger generations are cited as causes of generation gaps. Both positive and negative effects of generation gaps are described. Solutions proposed include establishing family time, respecting elders, and maintaining open communication between the generations.
Financial literacy is a magic bullet to social justiceAlpesh Patel
The data shows that women and ethnic minorities are paid less, are broadly less well off financially, and are also less financially literate. Relative financial illiteracy compounds social and structural biases and historical hardships. This implies financial literacy is even more important than we may have realised for social justice and social mobility.
Millennials lack important life and financial skills due to deficiencies in education systems. While families are the primary source of advice, many millennials still struggle with basic financial tasks like managing expenses, building credit, and budgeting for student loans. However, they are optimistic and want guidance on bigger topics like saving for retirement and education. Banks have an opportunity to provide relevant advice and establish trust by understanding millennial needs, supporting financial education, and communicating through relatable online resources.
This document compares the differences between current and earlier generations. It argues that earlier generations had a stronger work ethic, were more independent and resourceful, and faced harder consequences. In contrast, it says current generations feel more entitled, want more rewards without effort, rely on online connections over in-person interactions, and advocate through social media rather than real-world protests. The conclusion calls for current generations to appreciate what earlier generations have provided and contributed to society.
The PPT provides you with essential tips to handle the generation gap between the generation x and generation y. For more information you can login : http://www.past-transgressions.com/
These are the most helpful slides for generation gap,
in this slides, we explain
what is generation ?
causes of generation gap?
how to remove generation gap?
and conclusion.
The document discusses the generation gap between different generations. It defines the generation gap as differences in beliefs and values between younger and older generations. It identifies five generations - Traditionalists, Baby Boomers, Generation X, Generation Y, and Millennials - and compares their defining characteristics, technologies, careers, and communication styles. The generation gap is caused by a lack of communication and understanding between generations due to differences in lifestyles and expectations. Both parents and children must make efforts to reduce the generation gap through open communication and understanding different perspectives.
This document discusses the causes and consequences of poverty and proposes solutions. It defines poverty and notes that lack of education is a main cause. High school dropouts face higher risks of poverty and homelessness. The document proposes more engaging activities and funding in schools, shorter school days, intramural sports, and adult education programs to help keep students motivated and address poverty issues. Equal funding for all public schools is also advocated to break the cycle of underfunding schools with lower-income students.
The document discusses how Gen Z and Millennials are colliding in the workforce for the first time. Key points include:
- Gen Z, born between 1994-2010, has started entering the workforce while Millennials are taking on more management roles.
- A study found that both generations value collaboration and frequent communication with coworkers and managers.
- To engage and retain Gen Z and Millennial workers, companies need to focus on financial rewards, career development opportunities, flexibility, and addressing stress from work and financial pressures. Both generations expect technology to play a large role in the workplace as well.
1) Civic education in schools is declining even as it is needed more than ever to address complex challenges and engage an uninformed electorate.
2) Studies show most people cannot name the three branches of government or Supreme Court justices.
3) The GenerationNation organization works to build civic literacy in Charlotte schools through programs reaching 5,000 classrooms and tens of thousands of students annually.
Generation Y Volunteerism and Civic Action: Engaging Future Leaders and Entre...Sean P. Bender
This document discusses Generation Y (Gen Y) volunteerism and civic engagement. Gen Y, also known as Millennials, refers to those born between 1979-1984. They make up around 35% of the world's population. Gen Y values having a meaningful philosophy of life and prefers communication through mobile devices and social media like Facebook. While brand loyal, they are not always loyal to specific businesses. Gen Y desires a sense of community and influence from their peers. They want to start their own businesses and be agents of change through civic engagement and volunteerism.
Generation Z refers to those born after 1995. They have distinct characteristics from previous generations like Baby Boomers and Generation X. Generation Z craves regular, technology-enhanced learning and visual teaching methods. They stay connected constantly through technology and expect others to do the same. Rewards for Generation Z need to change frequently to meet their changing expectations, and they want high intensity relationships with authority figures and coworkers.
The document discusses the "Sandwich Generation" which refers to adults who are supporting both children and aging parents. Key points include:
- 44% of 45-55 year olds have at least one living parent and child under 21, placing them in the Sandwich Generation.
- On average, Sandwich Generation members provide $10,000 per year and 1,350 hours per year in support to parents and children.
- It is important for Sandwich Generation members to have conversations with parents about their financial situation and long term care needs to help prepare for medical expenses.
The document discusses strategies that HR professionals can implement to support employees who are part of the "sandwich generation", caring for both children and aging parents. It defines the sandwich generation as middle-aged adults providing care to parents 65 or older while also raising children or financially supporting grown children. Some key challenges faced by these working caregivers include absenteeism, presenteeism, health declines, and financial stresses. The document provides examples of flexibility policies, benefits, resources, and education that employers can offer to help sandwich generation employees balance work and caregiving responsibilities.
The document discusses the challenges faced by the "sandwich generation" - individuals who care for both their aging parents and their own children. As people live longer, families are more multigenerational. This puts a strain on middle-aged adults who must balance the needs of elderly parents with their career and children. Women especially struggle as most caregivers. Without support, the mental and physical health of caregivers suffers from stress. Counselors can help by focusing on resilience and using strength-based questions about family relationships, responsibilities, needs met and neglected, and finding laughter amid challenges.
The effects-of-parental-divorce-on-young-adultsmariahjhoy
The document discusses the effects of parental divorce on young adults' intimate relationships based on past research. It finds that while parental divorce can create difficulties, having a secure attachment to at least one parental figure and the ability to integrate the divorce experience are correlated with better outcomes in future relationships for children. The document also discusses implications for counseling couples dealing with relationship and marital issues.
This document discusses the issue of parents working abroad and leaving their children behind in countries like the Philippines, Romania, and Sri Lanka. It notes that better job opportunities and pay overseas compel many parents to leave their families for years. This has negative impacts on the children's mental health, education, and behavior. In Romania specifically, over 80,000 families have both parents working abroad, leaving the children without parental supervision or support. The document discusses potential solutions like parents starting local businesses, returning home annually, or communicating regularly via video calls. Overall, it presents the problem of transnational labor migration separating families and urges cooperation between countries to better protect both migrant workers and their left-behind children.
The experts, Janice Hamilton and Julie Maitland, who are both teachers at the college, were interviewed to gain their perspectives on students' struggles under the current financial climate and the correlation between young people, poverty, and mental health issues. As experienced teachers who have worked closely with students, they could provide meaningful insights and concrete information to help audiences better understand the problems students face. Students were also asked questions in a vox pop format to understand their views on being politically active, their awareness of financial responsibilities, whether financial struggles have increased over the past ten years, and their knowledge of support systems for issues like homelessness. Their opinions provided a way to gauge student perspectives on important issues and areas needing improvement.
The document discusses strategies for nonprofit organizations to engage younger generations of donors. It covers differences between generational characteristics, what each generation wants from philanthropy, and ways to attract and retain younger donors through various engagement and fundraising activities. Multi-generational philanthropy is important as younger donors become more influential in fundraising. New technologies also impact fundraising and require nonprofits to adapt practices.
Join us as Griswold’s Chris Kelly, M. Ed & Director of Learning & Development, offers a more holistic perspective on the Sandwich Generation – those that care for their parents as well as their own children. Also discussed are issues facing the three generations involved, and practical strategies and tools for planning and transitioning during this time.
Generation Y is often criticized for being selfish, entitled, and stuck in the past. However, this generation grew up with internet access and inflated self-esteems. Many factors influence Generation Y's behaviors, such as parenting styles. To address these issues, solutions include setting income expectations, teaching compassion, and helping build self-esteem. Parents could also encourage independence by helping with rent or buying homes. Overall, the key is being honest about challenges while supporting Generation Y in moving forward.
The Deloitte Global Millennial Survey 2019 talked about how societal discord and technological transformation created a generation disruption. See More : https://www2.deloitte.com/in/en.html
The PPT provides you with essential tips to handle the generation gap between the generation x and generation y. For more information you can login : http://www.past-transgressions.com/
These are the most helpful slides for generation gap,
in this slides, we explain
what is generation ?
causes of generation gap?
how to remove generation gap?
and conclusion.
The document discusses the generation gap between different generations. It defines the generation gap as differences in beliefs and values between younger and older generations. It identifies five generations - Traditionalists, Baby Boomers, Generation X, Generation Y, and Millennials - and compares their defining characteristics, technologies, careers, and communication styles. The generation gap is caused by a lack of communication and understanding between generations due to differences in lifestyles and expectations. Both parents and children must make efforts to reduce the generation gap through open communication and understanding different perspectives.
This document discusses the causes and consequences of poverty and proposes solutions. It defines poverty and notes that lack of education is a main cause. High school dropouts face higher risks of poverty and homelessness. The document proposes more engaging activities and funding in schools, shorter school days, intramural sports, and adult education programs to help keep students motivated and address poverty issues. Equal funding for all public schools is also advocated to break the cycle of underfunding schools with lower-income students.
The document discusses how Gen Z and Millennials are colliding in the workforce for the first time. Key points include:
- Gen Z, born between 1994-2010, has started entering the workforce while Millennials are taking on more management roles.
- A study found that both generations value collaboration and frequent communication with coworkers and managers.
- To engage and retain Gen Z and Millennial workers, companies need to focus on financial rewards, career development opportunities, flexibility, and addressing stress from work and financial pressures. Both generations expect technology to play a large role in the workplace as well.
1) Civic education in schools is declining even as it is needed more than ever to address complex challenges and engage an uninformed electorate.
2) Studies show most people cannot name the three branches of government or Supreme Court justices.
3) The GenerationNation organization works to build civic literacy in Charlotte schools through programs reaching 5,000 classrooms and tens of thousands of students annually.
Generation Y Volunteerism and Civic Action: Engaging Future Leaders and Entre...Sean P. Bender
This document discusses Generation Y (Gen Y) volunteerism and civic engagement. Gen Y, also known as Millennials, refers to those born between 1979-1984. They make up around 35% of the world's population. Gen Y values having a meaningful philosophy of life and prefers communication through mobile devices and social media like Facebook. While brand loyal, they are not always loyal to specific businesses. Gen Y desires a sense of community and influence from their peers. They want to start their own businesses and be agents of change through civic engagement and volunteerism.
Generation Z refers to those born after 1995. They have distinct characteristics from previous generations like Baby Boomers and Generation X. Generation Z craves regular, technology-enhanced learning and visual teaching methods. They stay connected constantly through technology and expect others to do the same. Rewards for Generation Z need to change frequently to meet their changing expectations, and they want high intensity relationships with authority figures and coworkers.
The document discusses the "Sandwich Generation" which refers to adults who are supporting both children and aging parents. Key points include:
- 44% of 45-55 year olds have at least one living parent and child under 21, placing them in the Sandwich Generation.
- On average, Sandwich Generation members provide $10,000 per year and 1,350 hours per year in support to parents and children.
- It is important for Sandwich Generation members to have conversations with parents about their financial situation and long term care needs to help prepare for medical expenses.
The document discusses strategies that HR professionals can implement to support employees who are part of the "sandwich generation", caring for both children and aging parents. It defines the sandwich generation as middle-aged adults providing care to parents 65 or older while also raising children or financially supporting grown children. Some key challenges faced by these working caregivers include absenteeism, presenteeism, health declines, and financial stresses. The document provides examples of flexibility policies, benefits, resources, and education that employers can offer to help sandwich generation employees balance work and caregiving responsibilities.
The document discusses the challenges faced by the "sandwich generation" - individuals who care for both their aging parents and their own children. As people live longer, families are more multigenerational. This puts a strain on middle-aged adults who must balance the needs of elderly parents with their career and children. Women especially struggle as most caregivers. Without support, the mental and physical health of caregivers suffers from stress. Counselors can help by focusing on resilience and using strength-based questions about family relationships, responsibilities, needs met and neglected, and finding laughter amid challenges.
The effects-of-parental-divorce-on-young-adultsmariahjhoy
The document discusses the effects of parental divorce on young adults' intimate relationships based on past research. It finds that while parental divorce can create difficulties, having a secure attachment to at least one parental figure and the ability to integrate the divorce experience are correlated with better outcomes in future relationships for children. The document also discusses implications for counseling couples dealing with relationship and marital issues.
This document discusses the issue of parents working abroad and leaving their children behind in countries like the Philippines, Romania, and Sri Lanka. It notes that better job opportunities and pay overseas compel many parents to leave their families for years. This has negative impacts on the children's mental health, education, and behavior. In Romania specifically, over 80,000 families have both parents working abroad, leaving the children without parental supervision or support. The document discusses potential solutions like parents starting local businesses, returning home annually, or communicating regularly via video calls. Overall, it presents the problem of transnational labor migration separating families and urges cooperation between countries to better protect both migrant workers and their left-behind children.
The experts, Janice Hamilton and Julie Maitland, who are both teachers at the college, were interviewed to gain their perspectives on students' struggles under the current financial climate and the correlation between young people, poverty, and mental health issues. As experienced teachers who have worked closely with students, they could provide meaningful insights and concrete information to help audiences better understand the problems students face. Students were also asked questions in a vox pop format to understand their views on being politically active, their awareness of financial responsibilities, whether financial struggles have increased over the past ten years, and their knowledge of support systems for issues like homelessness. Their opinions provided a way to gauge student perspectives on important issues and areas needing improvement.
The document discusses strategies for nonprofit organizations to engage younger generations of donors. It covers differences between generational characteristics, what each generation wants from philanthropy, and ways to attract and retain younger donors through various engagement and fundraising activities. Multi-generational philanthropy is important as younger donors become more influential in fundraising. New technologies also impact fundraising and require nonprofits to adapt practices.
Join us as Griswold’s Chris Kelly, M. Ed & Director of Learning & Development, offers a more holistic perspective on the Sandwich Generation – those that care for their parents as well as their own children. Also discussed are issues facing the three generations involved, and practical strategies and tools for planning and transitioning during this time.
Generation Y is often criticized for being selfish, entitled, and stuck in the past. However, this generation grew up with internet access and inflated self-esteems. Many factors influence Generation Y's behaviors, such as parenting styles. To address these issues, solutions include setting income expectations, teaching compassion, and helping build self-esteem. Parents could also encourage independence by helping with rent or buying homes. Overall, the key is being honest about challenges while supporting Generation Y in moving forward.
The Deloitte Global Millennial Survey 2019 talked about how societal discord and technological transformation created a generation disruption. See More : https://www2.deloitte.com/in/en.html
Recruiting and Retaining Generation Z StudentsJim Black
Members of Generation Z are currently between eight and twenty-three years of age. They represent a large proportion of college and university students today and will for many years to come. So, have higher education institutions adapted to effectively attract Gen Z students to their campuses, foster optimal learning environments, and organize to support the academic, career, and life successes of these students? To do so, colleges and universities must first understand the Gen Z world context, their attributes and behaviors, along with their needs and expectations. This webinar will uncover the nature of Gen Z students and then, identify related strategies intended to create the transformational experiences required to best serve this population.
This document discusses generational characteristics of Generation Y (also known as Gen Y or Gen buY), born between 1978-1990. Some key points:
- Gen Y is more ethnically diverse than previous generations and values community and collaboration over individualism. They are confident and want flexibility in their careers.
- Financially, Gen Y has significant spending power but also faces high costs for housing, education, and healthcare. They are tech-savvy investors who manage finances online.
- Gen Y is marketing savvy and wants choices. They are not swayed by "hard sell" advertising but influenced by lifestyle connections and customer loyalty.
This document discusses how South African youth have lost faith in the education system. It notes that 80% of schools are dysfunctional and unable to impart necessary skills. Youth feel disrespected and talked down to in school. They want to learn practical life skills but feel the education system fails to prepare them for the real world or teach them how to think. While hungry to learn, youth feel the linear teaching style does not connect with them. They desire skills like business, health, finance, but do not feel the education system provides these.
When you co-sign a loan for someone else, you take on full responsibility for the debt if they default. Co-signers end up paying the loan 75% of the time when the primary borrower defaults. Co-signing is especially risky for student loans, as many graduates struggle financially and default rates are rising. While it's difficult, the best way to help someone is not by co-signing but by offering a cash gift instead to avoid potential damage to your own finances and credit over many years.
The document discusses helping teenagers make good decisions. It notes that the prefrontal cortex, responsible for decision making, is not fully developed until the early-to-mid 20s. As a result, teenagers are more likely to make impulsive decisions and be influenced by peers. However, decision making skills can be learned. The document outlines six key steps: 1) be aware of upcoming decisions, 2) scenario plan, 3) stop and think, 4) have a decision making compass, 5) ask for help, and 6) use mistakes as learning opportunities. Good decision making skills can set teens up for success and help manage stress.
Communicating effectively and consistently with students can help them feel at ease during their learning experience and provide the instructor with a communication trail to track the course's progress. This workshop will take you through constructing an engaging course container to facilitate effective communication.
Main Java[All of the Base Concepts}.docxadhitya5119
This is part 1 of my Java Learning Journey. This Contains Custom methods, classes, constructors, packages, multithreading , try- catch block, finally block and more.
हिंदी वर्णमाला पीपीटी, hindi alphabet PPT presentation, hindi varnamala PPT, Hindi Varnamala pdf, हिंदी स्वर, हिंदी व्यंजन, sikhiye hindi varnmala, dr. mulla adam ali, hindi language and literature, hindi alphabet with drawing, hindi alphabet pdf, hindi varnamala for childrens, hindi language, hindi varnamala practice for kids, https://www.drmullaadamali.com
Leveraging Generative AI to Drive Nonprofit InnovationTechSoup
In this webinar, participants learned how to utilize Generative AI to streamline operations and elevate member engagement. Amazon Web Service experts provided a customer specific use cases and dived into low/no-code tools that are quick and easy to deploy through Amazon Web Service (AWS.)
How to Setup Warehouse & Location in Odoo 17 InventoryCeline George
In this slide, we'll explore how to set up warehouses and locations in Odoo 17 Inventory. This will help us manage our stock effectively, track inventory levels, and streamline warehouse operations.
Philippine Edukasyong Pantahanan at Pangkabuhayan (EPP) CurriculumMJDuyan
(𝐓𝐋𝐄 𝟏𝟎𝟎) (𝐋𝐞𝐬𝐬𝐨𝐧 𝟏)-𝐏𝐫𝐞𝐥𝐢𝐦𝐬
𝐃𝐢𝐬𝐜𝐮𝐬𝐬 𝐭𝐡𝐞 𝐄𝐏𝐏 𝐂𝐮𝐫𝐫𝐢𝐜𝐮𝐥𝐮𝐦 𝐢𝐧 𝐭𝐡𝐞 𝐏𝐡𝐢𝐥𝐢𝐩𝐩𝐢𝐧𝐞𝐬:
- Understand the goals and objectives of the Edukasyong Pantahanan at Pangkabuhayan (EPP) curriculum, recognizing its importance in fostering practical life skills and values among students. Students will also be able to identify the key components and subjects covered, such as agriculture, home economics, industrial arts, and information and communication technology.
𝐄𝐱𝐩𝐥𝐚𝐢𝐧 𝐭𝐡𝐞 𝐍𝐚𝐭𝐮𝐫𝐞 𝐚𝐧𝐝 𝐒𝐜𝐨𝐩𝐞 𝐨𝐟 𝐚𝐧 𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫:
-Define entrepreneurship, distinguishing it from general business activities by emphasizing its focus on innovation, risk-taking, and value creation. Students will describe the characteristics and traits of successful entrepreneurs, including their roles and responsibilities, and discuss the broader economic and social impacts of entrepreneurial activities on both local and global scales.
This document provides an overview of wound healing, its functions, stages, mechanisms, factors affecting it, and complications.
A wound is a break in the integrity of the skin or tissues, which may be associated with disruption of the structure and function.
Healing is the body’s response to injury in an attempt to restore normal structure and functions.
Healing can occur in two ways: Regeneration and Repair
There are 4 phases of wound healing: hemostasis, inflammation, proliferation, and remodeling. This document also describes the mechanism of wound healing. Factors that affect healing include infection, uncontrolled diabetes, poor nutrition, age, anemia, the presence of foreign bodies, etc.
Complications of wound healing like infection, hyperpigmentation of scar, contractures, and keloid formation.
Gender and Mental Health - Counselling and Family Therapy Applications and In...PsychoTech Services
A proprietary approach developed by bringing together the best of learning theories from Psychology, design principles from the world of visualization, and pedagogical methods from over a decade of training experience, that enables you to: Learn better, faster!
বাংলাদেশের অর্থনৈতিক সমীক্ষা ২০২৪ [Bangladesh Economic Review 2024 Bangla.pdf] কম্পিউটার , ট্যাব ও স্মার্ট ফোন ভার্সন সহ সম্পূর্ণ বাংলা ই-বুক বা pdf বই " সুচিপত্র ...বুকমার্ক মেনু 🔖 ও হাইপার লিংক মেনু 📝👆 যুক্ত ..
আমাদের সবার জন্য খুব খুব গুরুত্বপূর্ণ একটি বই ..বিসিএস, ব্যাংক, ইউনিভার্সিটি ভর্তি ও যে কোন প্রতিযোগিতা মূলক পরীক্ষার জন্য এর খুব ইম্পরট্যান্ট একটি বিষয় ...তাছাড়া বাংলাদেশের সাম্প্রতিক যে কোন ডাটা বা তথ্য এই বইতে পাবেন ...
তাই একজন নাগরিক হিসাবে এই তথ্য গুলো আপনার জানা প্রয়োজন ...।
বিসিএস ও ব্যাংক এর লিখিত পরীক্ষা ...+এছাড়া মাধ্যমিক ও উচ্চমাধ্যমিকের স্টুডেন্টদের জন্য অনেক কাজে আসবে ...
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
The Experimental Scholarship, a holistic personal finance training
1. TheExperimental Scholarship
a personal finance training program
DECEMBER 1st, 2019
ThispresentationisthepropertyofMcArdleConsulting
andshouldnotbesharedorreproducedwithoutpermission.
2. How do young people feel
about their personal finances?
Is it a big old mess?
3. What doe you think is the best way
to learn personal finance?
Most individualslearn theirfirstfinance
lessons byobserving their parents.
Theselessons arevital; andthereismoretolearn.
4. Unlike their predecessors,Millennials andGen-Z continue tofaceemerging challenges toachieve financialfreedom. Manycarry
debts in thethousandsandtens ofthousandsuponexiting college creating difficultdecisions thatyoungadultsareoften
unequippedtoanswerwithfull confidence.
Additionally,theseindividuals cannotrelysolely on traditionalsourcesof advice, suchas grandparentsandparents,whohaveno
correspondingexperienceswithextremeeducationaldebt.
UrbanInstitutehasfoundthat53%ofmillennials saythatthey cannotafforda downpayment astothe reasonwhythey
cannotowna home,while 33%say theycannotqualifyfor a mortgage.
Do we need a different approach?
5. According toa2019reportbyMerrill LynchWealthManagementthatsurveyed2,700Americansages18-34,81%of early adult
households carry collective debt ofnearly $2 trillion dollars. This includesstudent-loandebt,credit carddebt,carloansand
mortgages.Much ofthedebtis comprisedofstudentloansandcreditcarddebt.60% ofthe groupsurveyeddefined financial
successas being debtfree.
RuthMcArdleConsultingwill coachyoungprofessionals and
their peers tolearn knowledge andskills to achievefinancialsuccess.
How dowe know?
https://www.cnbc.com/2019/08/30/homeownership-eludes-millions-of-millennials-heres-why.html
https://www.businessinsider.com/millennials-financial-success-debt-free-student-loans-rich-gen-z-2019-4
https://www.pewtrusts.org/en/projects/student-loans
6. Accordingto the 2014Wells Fargo Millennial
Study, adults between theages of 22 – 33
are saddled with debt, which revealed40%
of millennials must pay off loans associated
with credit cards, education ormortgages.
Onlyslightly more than half of millennials surveyedfor the study said they
had started saving for retirement and reported that 50%of their monthly
income goes toward paying loans.
18%
5%
46%
31%
%ofIncome MillennialsAreSavingforRetirement
Morethan 10% None 1–5% 6–10%2014WellsFargoMillennialStudy.HarrisPoll,2014,
pp.1–1,2014WellsFargoMillennialStudy.
Here’s more to consider:
7. Howcan we help? Let’s trysomethingnew.
According totheConsumerFinancialProtectionBureau’slatestresearch(presented November13, 2019),Millennials areone of the
groupsstruggling themostwith personalfinance.
1. Financial Well-being varies widely across Millennials.
2. Financial Well-being is lower among Millennials
than older working-ageadults.
3. Costly money management behaviors (i.e. the useof high cost
methods of borrowing are correlatedwith lower Financial Well-Being.
4. There is a need for more ‘holistic’programs to improve
financialwell-beingamong Millennials.