THIS POST MAY CONTAIN AFFILIATE LINKS. PLEASE SEE MY DISCLOSURES. FOR MORE INFORMATION.
As we gradually enter the future, Gen Z and its members are beginning to shape the fabric of our society with fresh ideas and new perspectives.
Though there is much that Generation Z can teach us, it may come as a surprise to learn that this younger generation has something to gain from elders too, namely, life advice from their predecessors in the form of wise words shared by Boomers.
From unlocking career ambitions and furthering personal growth to achieving financial stability, let’s explore how wider generations can work together for mutual inspiration in times like these.
#1. What Do You Think of the Rising Awareness of Mental Health – And Do You Wish You Had the Same Awareness When You Were Younger?
Most Boomers can agree with the sentiments of this response, “Definitely. It was taboo for us growing up. We couldn’t even talk about mental health. People would be locked up in what we used to term “mental homes” and that was it. It’s so good that mental health is being addressed now and it’s not a taboo.”
Growing up, you were taught to “deal with it” or, in the case of men, “boys don’t cry.” There is much more awareness about mental health now, which is good.
#2. Have You Changed Opinion Politically Since You Were a Young Adult?
As we go through life, some of our beliefs and opinions will naturally be challenged by various people and situations we encounter.
This has changed some Boomers, but not all.
Some have had their views softened or slightly hardened with time. However, others have remained steadfast in their political beliefs.
As it is with the younger generation, there’s a wide range of people on the political spectrum when it comes to Boomers, and some of these views have shifted as the world has, while others firmly know who they are regardless of the political climate.
#3. What Do You Admire in Younger People Today?
When asked this question, Boomers said they admire younger generations for their ability to cope with stress and challenging times, persevering to carve their own path and create something better.
While the answers varied, one person said, “For me, it’s how they’ve coped with the pandemic. I think they’ve had the worst time of any group, really. Obviously, not from the sickness and death point of view, but the fact that when you’re young your life is going out, meeting other people, doing all of that. They’ve had to do without a lot of it.”
#4. What Mistakes Did Your Generation Make, and What Can Gen Z Learn From Them?
Perhaps one of the most impactful questions is this one, and the answers vary from person to person.
Some people spoke about the different attitudes they held in our time, like those they had toward women.
Another area that Boomers were unhappy about was the fact that they were always doing what they were told to do rather than what they believed was right.
One person said, “For me, it’s our generation’s failure to act on climate change. We know what we need to do, but we lack the individual and political leadership to change the way we live and protect the environment. Our failure will be felt for generations to come.”
#5. What Is the One Thing You Wish You Had Known Before You Were 30?
Hindsight is 20/20, which is why it can be great to look to the future and ask those with more wisdom to glimpse into their past. Some say you should invest earlier, so your money has time to grow.
Others talked about taking more risks. One Boomer said, “If I’d known before 30 that as you get older you have less energy, I would have had my children much earlier. Because what you don’t want is when you take your son to school and people say: ‘Is that your grandad?’”
Another person responded, “When you look back, failure isn’t a terrible thing. It’s actually quite often a positive thing. You can learn from it, you can grow from it. When I was under 30, I was very anxious about failing and I think I missed out. I wouldn’t worry about failing. I would be bold.”
#6. What Is Your Generation’s Obsession With Facebook?
The curiosity surrounding social media goes both ways, with many older generations wondering why young people spend so much time on it and younger generations wondering what older people may have against it.
However, this isn’t always the case.
Regarding this question, one Boomer says, “I am on Facebook, but I’m not obsessed with it. I just use it to connect with my family and friends worldwide. I don’t really go and post things in it, unless there’s an occasion like a family wedding and some people couldn’t come.”
#7. Why Do You Hate Selfies?
When the topic turned to selfies, all the Boomers agreed, they don’t hate selfies. They simply dislike the volume of selfies some people take.
Everyone, regardless of their generation, can agree on this.
#8. Do You Think Young People Are Overly Sensitive and Privileged?
This question is undoubtedly on every young person’s mind, mainly because older individuals have been portrayed as believing that all younger people are “lazy” or “entitled.”
However, that’s not truly the case here.
While elders recognize that they may have had more responsibilities in things like paper routes, they also acknowledge that today’s youth are navigating an entirely different landscape which can often require taking on more and different responsibilities.
They also understand that sensitivity can be a good thing and that this younger generation strives to be more empathetic than previous ones.
#9. What Is Your Best Advice for How to Achieve Financial Security?
Older generations, like Boomers, have a lot of advice to offer younger generations going through many economic issues.
Arguably the most highlighted response was investing, as compounded interest will ensure that Gen Z has money to use once they retire.
However, other excellent answers included taking out a life insurance policy and developing a side hustle to bring in more income.
#10. Why Do You Always Get to the Airport So Early?
One Boomer responded perfectly to this question, saying, “A lot of generation Z, they leave everything to literally the last minute and don’t think about the possibility of anything going wrong. But we were brought up in a generation where things could go wrong. Technology wasn’t reliable. Cars weren’t as reliable. Electrical stuff wasn’t reliable. So we had to leave plenty of time in case things didn’t go right. That’s carried over in our attitude.”
Planning and looking long-term at things is critical, not just living in the moment. Sadly, more and more people are focused on short-term gratification than planning for the long term.
Fun Money Facts
Did you know there are places you can pay for things using a special local currency? Do you know why some coins have ridges on the sides? Discover over 60 fun money facts that you didn’t know.
Good Money Habits To Have
In order to get ahead financially, we need to develop good habits. Most people talk about bad money habits to get rid of.
Here are good money habits you need to follow if you want to take the next step financially.
Fun Money Saving Challenges
Do you find it boring to save money?
If you are motivation by turning things into a game, check out these money saving challenges. There is a game for you that will make saving fun and exciting so that you make it a priority to save money.
Best Places To Buy Stamps
If you still mail letters and bills, you need postage stamps.
While the post office is a no-brainer when it comes to where to buy stamps, there are many other places that now sell them.
And in some cases, you might be able to save money in the process.
Turn Coins Into Cash
Do you have a pile of spare change laying around? Maybe you collect it in a jar.
Instead of letting it just sit there an collect dust, do something with it.
Here are the best ways to turns your coins into cash.
This thread inspired this article.
I have over 15 years experience in the financial services industry and 20 years investing in the stock market. I have both my undergrad and graduate degrees in Finance, and am FINRA Series 65 licensed and have a Certificate in Financial Planning.
Visit my About Me page to learn more about me and why I am your trusted personal finance expert.