In a lot of the training and consulting that I do with organisations about Gen Y, I often share how young people today have been shaped by growing up during the economic boom of the late 90’s early 00’s. One of the questions that I get asked the most is “will Gen Y’s confidence and lifestyle change if the economy slows down?
The following article shows that the credit crisis and the rise in the cost of fuel has not dented the spending habits of Gen Y. In fact in some areas such as eating out and buying gadgets Gen Y has increased their spending. Read the full article here. Generation Y splashes out on luxurious lifestyles