In delivering the TEDx talk, Jason confronted some of the biggest generational myths head on and shared provocative findings directly from his work... Read More »
“What Do We Know About the Generation After Millennials?” Jason Dorsey’s Standing Ovation Talk at TEDx Houston
In his groundbreaking TEDx talk, Jason Dorsey reveals shocking insights about iGen, also known as Generation Z, that every marketer, employer and parent needs to know—which is why his talk received a rousing standing ovation.
iGen, also known as Gen Z or Centennials, is the fast emerging generation on the heels of Millennials. This large, diverse, hyper-connected generation is very different from Millennials, Generation X and Baby Boomers. In fact, iGen thinks Millennials are old.
Clearing up major misconceptions about Millennials’ behaviors and attitudes about saving, investing, and planning for the future.
There are a lot of rumors circulating about Millennials and money, and for good reason. Millennials are a massive generation with buying power to rival – and eventually surpass – Baby Boomers. But when it comes to retirement, investing, and planning for the future, financial services professionals such as financial advisors are either in the dark or working with a set of false information.
Jason Dorsey, Millennial Expert and President of The Center for Generational Kinetics, spoke with the Insured Retirement Institute to clear up major misconceptions, acknowledge stereotypes, and discuss the next steps financial professionals need to take in order to stay relevant and competitive in their field... Read More »
Why are a higher percentage of young women living with their parents now than at any time since World War II, despite an improved job market?
Today’s young adults are closer to their parents than any generation before—literally. Record numbers of Millennials, also known as Generation Y, are still living at home well into their late twenties and even early thirties. New research shows that while this isn’t necessarily the only time in the country’s history that this has happened, this particular set of circumstances is unique.
A recent Pew Research Center report revealed that more young women in particular are living at home than ever before; in 1940, 36.2% of 18- to 34-year-old women lived with parents or other relatives. However, Pew’s research found that in 2014, 36.4% of young women are living with parents or other relatives... Read More »
Funded by little more than allowance money and hourly wages from after-school jobs, iGen (aka Gen Z) is already armed with specific attitudes about banking.
iGen, also known as Generation Z, may be young, but that doesn’t make them any less opinionated than their Millennial predecessors. However, iGen’s preferences for everything from the clothes they wear to what they’re looking for in a job are already proving to be vastly different than those of Millennials. And iGen’s money preferences go deeper than merely what they buy—they already have specific inclinations about how they bank.
A recent article from the Financial Brand reported new findings from the 2015 TD Bank Checking Experience Index, which showed that iGen might soon make the “bank” in the most traditional sense a foreign concept. Even using a bank’s website to pay bills and check accounts online is outdated to them; they much prefer using mobile banking through an app on their smartphone... Read More »
New research uncovers Millennials' true feelings about car maintenance
A popular media story says that Millennials don’t like cars. The story goes that Millennials’ transportation needs are being answered by mass transit, Uber, or borrowing their mom’s minivan. In fact, some pundits go so far as to say Millennials “hate” cars. But is this true?
Do Millennials love, hate or have some other view about cars and driving? To uncover the answer, The Center for Generational Kinetics conducted a nationwide survey of 1,000 Americans, aged 18 to 65, who own cars or are the primary driver of a car. The study was regionally representative and included Millennials, Generation X and Baby Boomers. In short, the study is a snapshot of the Americans with the greatest direct exposure to cars... Read More »
Insured Retirement Institute and The Center for Generational Kinetics Report that Gen Y is at Financial Risk
The majority of Millennials are saving for retirement, but does that mean they’re on track to enjoy a financially secure retirement? According to a new national study recently issued by the Insured Retirement Institute (IRI) and The Center for Generational Kinetics (The Center), Millennials are falling short when it comes to planning for retirement, and this might have some big implications for their future financial security.
The report found that while 68 percent of Millennials – Americans aged 20 to 37 – said they are saving for retirement, only 29 percent indicated they are actively planning for retirement. At the same time, many Millennials may be developing unrealistic expectations about life in retirement. For example, the report found that most Millennials seriously underestimate how much money they will need for their golden years... Read More »
Meet the smartphone apps that are transforming the way iGen job seekers and their future employers are thinking about the job search.
Looking for jobs online is not a new phenomenon. Whether you’re looking for a freelance opportunity or a full-time career, the Internet is the first place most people will look for a job. Websites such as Indeed and Monster—and yes, even Craigslist—have transformed how people think about the modern job search. But beyond the initial search, the rest of the job application process is fairly traditional. For the most part, applicants must perfect a resume and cover letter and have their three professional references ready to go.
It seems as if the job search is getting yet another makeover, and this time it’s targeting the youngest job seekers: iGen, also known as Generation Z. Now, with as much ease as liking a Facebook post or “favoriting” a picture on Instagram, you can apply for a job. Apps like Jobr, Switch, Anthology and JobSnap are all offering user-friendly platforms to target young people with exceptional talent—and short attention spans... Read More »
Is 60 the new 40? The prominence of smartphones, mobile devices and computer technology could be keeping Baby Boomers mentally young...
Contrary to popular belief, smartphones and other mobile technology may have the potential to improve brain functions. A new study published in the journal Intelligence found that the use of computers and mobile phones could partly explain why today’s Baby Boomers—those born between 1946 and 1964—appear to be four to eight years younger, cognitively, than a similar population less than a decade ago.
“We know that IQ has been increasing for many decades,” Valeria Bordone, of the International Institute for Applied Systems Analysis, told Quartz. Bordone and her colleagues used data collected from those over the age of 50. Approximately 2,000 people were tested in 2006, and another 3,000 were tested in 2012. Read More »
Words are disappearing from texts, e-mails and social media posts, but is this a bad thing? New insight on emoji use seems to suggest otherwise.
Communication preferences and technological advances are two major aspects that define a generation and distinguish it from its predecessors. Millennials are known for their lax way of speaking, rife with contractions, portmanteaux and “initialisms” (LOL, BTW, TTYL, etc.), which might aggravate their older colleagues, but it seems as if the next generation, iGen or Gen Z, seems to be eschewing words and letters altogether.
If you’ve sent any text messages at all in the past year, it’s extremely likely that you’ve sent or received at least one emoji. They are small digital images, icons and symbols used to express an idea or emotion in text messages and other online communications. Now it seems as if emoji have transcended mere decoration for texts and Tweets and have become a means of communication unto themselves... Read More »
What companies need to know—and avoid—when making loyal customers out of Millennials
Millennials’ spending habits are changing the ways entire industries operate. Any retailer wanting to stay current and competitive with this generation needs to take notice. Millennials are an enormous generation, with unparalleled buying power, so winning them over now could mean dramatic growth immediately and in the near future.
Many brands have successfully targeted Millennials by changing their advertising strategy or offering different products and services. But others have not been so lucky... Read More »