{"id":5158,"date":"2016-02-18T19:00:15","date_gmt":"2016-02-18T12:00:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-millennials-are-prioritizing-short-term-spending-over-long-term-saving\/"},"modified":"2016-02-18T19:28:50","modified_gmt":"2016-02-18T12:28:50","slug":"why-millennials-are-prioritizing-short-term-spending-over-long-term-saving","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-millennials-are-prioritizing-short-term-spending-over-long-term-saving\/","title":{"rendered":"Why millennials are prioritizing short-term spending over long-term saving"},"content":{"rendered":"<p>&#013;<br \/>\nA new survey points to a big problem: student debt, rent, health insurance and attending friends\u2019 weddings are preventing young people from saving upLet\u2019s call it the millennial paradox. You\u2019re in your 20s, and suddenly, you\u2019re actually making money. The problem is that something or someone is after every single dollar. You need to pay off your student loans; you need to cover your living costs. You need to save for the short term \u2013 the next vacation; an emergency fund \u2013 as well as for your retirement. Maybe you\u2019re helping out a family member, as well. The worst of it all is that probably all of these demands on the finite number of dollars you\u2019re making are just as important as each other. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.theguardian.com\/money\/us-money-blog\/2016\/feb\/18\/millennials-spending-savings-401k-student-debt\" target=\"_blank\">Why millennials are prioritizing short-term spending over long-term saving<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; A new survey points to a big problem: student debt, rent, health insurance and attending&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-5158","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-1lc","jetpack-related-posts":[{"id":29867,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/millennials-could-be-millionaires-if-they-start-investing-instead-of-saving\/","url_meta":{"origin":5158,"position":0},"title":"Millennials could be millionaires \u2013 if they start investing instead of saving","date":"October 14, 2016","format":false,"excerpt":"\r In a new poll, 64% of working millennials said they couldn\u2019t see themselves ever becoming millionaires \u2013 but it\u2019s a much more reasonable goal than many realizePity the poor millennials. The 83 million or so members of this generation \u2013 a quarter of America\u2019s population, the largest age cohort\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52975,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/millennials-start-saving-for-retirement-at-26-hsbc\/","url_meta":{"origin":5158,"position":1},"title":"Millennials start saving for retirement at 26: HSBC","date":"April 26, 2017","format":false,"excerpt":"\r Jonathan Nabrotzky, global head of wealth sales and distribution at HSBC, discusses pensions and working into retirement.\r \r Source : cnbc.com\r Read more...Millennials start saving for retirement at 26: HSBC","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91922,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/note-to-news-outlets-not-every-millennial-wants-to-buy-a-house-james-ball\/","url_meta":{"origin":5158,"position":2},"title":"Note to news outlets: not every millennial wants to buy a house | James Ball","date":"June 20, 2018","format":false,"excerpt":"\r For many of us, giving up on home ownership represents freedom \u2013 we\u2019d rather the focus shifted to improving rentingThe media has decided to constantly bombard millennials with poor-quality and largely unwanted advice on buying property. We should eat fewer avocados, some warn. We should stop going out or\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39413,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/everything-you-know-about-millennial-renters-is-wrong\/","url_meta":{"origin":5158,"position":3},"title":"Everything you know about millennial renters is wrong","date":"January 2, 2017","format":false,"excerpt":"\r Well, at least most of it These millennials say, \u2018Happy New Year!\u2019 Anchiy\/Shutterstock Millennials, the generation loosely defined as born between 1980 and 2004, are at the prime of their lives. They are already the largest generation in many countries\u2019 work-forces. But where their predecessors, the Baby Boomers and\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100562,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-co-living-solve-millennials-housing-woes\/","url_meta":{"origin":5158,"position":4},"title":"Can &#039;co-living&#039; solve millennials&#039; housing woes?","date":"October 26, 2018","format":false,"excerpt":"\r A new wave of apartment blocks is springing up in the UK with shared facilities for renters. Is the future build-to-rent hotel-style housing?For millennials struggling to get on the housing ladder, is this the shape of living in the future? Developers across the UK are building \u201cco-living\u201d blocks for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112983,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/teens-could-be-a-saving-grace-for-malls-new-research-says\/","url_meta":{"origin":5158,"position":5},"title":"Teens could be a saving grace for malls, new research says","date":"December 10, 2019","format":false,"excerpt":"\r Millennials may have fled the malls, but brick-and-mortar retail is apparently more appealing to Generation Z. Teenagers are becoming big spenders, and they like to do a lot of that spending in actual stores, according to new research from CBRE.\r \r Source : cnbc.com\r Read more...Teens could be a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/5158"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=5158"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/5158\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=5158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=5158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=5158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}