MILLENNIALS

Millennials aren’t popping wine bottles and instead they are choosing to crack open a seltzer or a craft beer, or even shake up a cocktail.

Grab your eyeliner and flat irons, because a music festival featuring the titans of mid-aught emo music are playing for one day only at the appropriately titled When We Were Young music festival in Las Vegas on Oct. 22.

There are so many things to love about this time of year, including Friendsgiving, which is when a group of friends gathers together to celebrate Thanksgiving.

Research shows millennials tend to have higher rates of depression than other generations. So, what’s causing the generational burnout and are there ways to help?

Whether you save your money or spend it, there are ways most of us can change the way we handle our finances. The study revealed the federal student loan forbearance made an impact on their ability to save money during the pandemic. Millennials are also more open to spending their money on personal wellness and professional development. Researchers say only one in five of the respondents would use extra money to pay off student loan debt. And a quarter say they would invest in personal wellness, or even the stock market.

The study from investment management firm Cowen and Company shows among the 2,700 people Cowen surveyed, 48% of Millennials reported living in the suburbs compared with 44% in 2019. Those who reported living in cities fell to 35%, down from 38% last year. Cowen saw a similar trend among Generation Z respondents, or those aged 18-24: 49% reported living in the suburbs, up from 41% in 2019. In fact, home ownership is rising among both Gen Z and Millennials, Cowen found: 30% of 18- to 24-year-olds say they own their homes, up from 19% last year and 48% of Millennials say they’re home-owners, a 1% increase since 2019. Even more evidence of this comes from a Pew Research study from July found that showed one in five Americans moved during the pandemic or knows someone who did.

SAN ANTONIO – Pothos, philodendren and succulents are beginning to fill the apartments, patios and living rooms of more Millenials and Gen Zers. So why the house plant popularity? The National Institutes of Health says research has shown interacting with house plants can lower blood pressure, calm the nervous system and promote a general feeling of well being. Houseplants require watering, pruning, repotting, cleaning, and many people find these practices relaxing because they require us to take a break from our digital overload, slow down and carefully tend to something. To learn how to best take care of your house plants it’s best to buy locally and talk to the businesses local growers about watering and care.

Realtors say millennials accounted for 37 percent of all buyers in 2019, making them the most active generation of buyers for the sixth consecutive year. Realtors say finding out which type of financing you want should be at the top of your list. Whether you’ve been on the house hunt for days, weeks, or months, experts say you should never buy a home you don’t love. Finally, figure out your “must haves.” Experts encourage buyers to bring a list of things they need to have in their home. Buying a home is no small or simple task, and there are no questions not worth asking.