4.7 • 1.9K Ratings
🗓️ 25 July 2022
⏱️ 34 minutes
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0:00.0 | So money is brought to you by CNET, the site that shows how to navigate change all around us. |
0:06.4 | So money, Episode 1387, a close look at millennials and their money with Charlotte Coles of the New York Times. |
0:15.3 | You're listening to So Money, with award-winning money guru Farneesh Karabi. |
0:19.8 | Each day, in a 30-minute dose of financial inspiration from the world's top business minds, |
0:25.1 | authors, influencers, and from Farneesh herself. |
0:28.4 | Looking for ways to save on gas or double your double coupons? |
0:32.4 | Sorry, you're in the wrong place. Seeking profound ways to live a richer, happier life. |
0:38.0 | Welcome to So Money. |
0:41.8 | We're kind of wimpy, failure to launch kids who were always given participation trophies, right? |
0:49.2 | And now we can't get it together because we don't have the executive function to stop eating avocado |
0:55.3 | toast or whatever. And millennials are aware of this. It's not like, it's not like we've never heard |
1:01.6 | this. I mean, millennials have a sense of humor about these stereotypes as well. |
1:06.0 | Welcome to So Money, everybody. I'm Farneesh Karabi. |
1:09.0 | Millennials are all grown up, some are approaching 40 years old, and wondering, why might not further |
1:16.0 | along? And as our guest today says, this has many in this generation afraid. Charlotte Coles |
1:22.8 | joins us. She's a freelance writer for The New York Times and columnist for New York magazines |
1:27.9 | of the cut. Her latest piece for The New York Times is called Why Millennials Are Facing More |
1:33.2 | Anxiety Than Ever. A 2018 report by the Federal Reserve Board, for example, found that |
1:39.6 | millennials have lower earnings, fewer assets, and less wealth in general compared with their |
1:45.9 | parents. So Charlotte spent the past several months speaking to more than 30 millennials from across |
1:51.8 | the country about their money from actors to watchmakers, scientists, comedians, and a common |
1:58.4 | emotional thread was fear. In our conversation, we dive into some of these profiles. Are there fears |
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