Before I went to Melbourne, I came across this article call Why Generation Y Yuppies Are Unhappy. Even without reading it, I knew the reasons why Generation Y Yuppies are unhappy: they’re spoon-fed softies who expect to have the wealth and fame of…name whoever you want…minus the years of toil that person has endured to be who he or she is. After reading Why Generation Y Yuppies Are Unhappy, I was even more convinced that this is the case. The only question I had, as a 78 baby, was whether I was Generation Y Yuppy (in which case, I retract my less than flattering earlier statement about Generation Y Yuppies) or a Generation X Yuppy (which no one writes about because we are generally well-adjusted, if not particularly exciting, members of society).
Let’s face it: no one is going to dedicate virtual or real pages to you if you pay your taxes, stay within the defined limits of the law, produce the national average of children and have a retirement plan in place. Lawmakers, sociologists, journalists, even your fellow bloggers, are only interested if you are creating a ruckus about essentially nothing, spending your inheritance to sustain the entire economy, and not keeping up your end of the national repopulation plan. Hence the endless yarns about Generation Y Yuppies.
So being born on the border between X and Y, where do I fall? Many of my friends – coincidentally all border-town inhabitants – have asked themselves the same thing.
“But I’ve always been responsible,” insisted one. “I took the first job that came along.”
“I’ve never thought of unicorns,” said I, in reference to how unrealistic some Generation Y Yuppy aspirations are; although there was a time when I harboured a desire for Pegasus-type achievements. That’s the border-line influence I suppose.
Then of course came reality, followed by a crash down to earth. I can’t say that I dream of anything more than a overflowing bank account anymore. The Generation X Yuppy in me has come to a begrudging acceptance that bills are paid with money and not unrealised potential or good feelings inspired by something that may or may not materialise with plenty of hard slog. Unlike most Generation X-ers, I’m not waiting for Boomers to shove off so I can take their place. I can’t speak for the other X-ers, but I certainly have nothing to gain from them vacating their perch at the top of the resource tree: I have not asked or taken a dime from my parents since graduation and leave it to their discretion to do what they want with what they have. It’s after all their money. Thus my own advice and concerns for my daughter, a Millennium Yuppie.
“You can sing, paint and collage all you want but just make sure you have a proper day job,” I often tell her. “Mama and Papa are not going to give you anything more than love and a good education.” That’s also to keep away the would-be gold-diggers – there’s too many of those around.
The mistake Boomers made with their Generation Y offspring is they imbued them with this sense that they can achieve anything when in reality, they can achieve anything with untold amounts of luck (which is God-given), talent (also God-given), plenty of blood, sweat and tears. Boomers also neglected to teach their Generation Y offspring anything about money.
If my Beijing friend is to believed, Generation X and Generation Y yuppies are the same the world over. You can tell what generation a person belongs to simply by observing his or her spending.
“Those born in the 70s are used to saving a large part of their wages. Those born in the 80s, like my sister, don’t save anything,” she said. “Those born in the 90s are worse. They take out loans for trifling things like mobile phones. Can you imagine taking out a loan for a mobile phone?” she asked.
With just a trace of Generation Y Yuppie about me, I might have seen the value of buying by instalment in my younger days, but I have since become the 35 year old that prefers cash purchases, recalling the frequent exhortations of parents to refrain from buying one’s way into debt. Moreover, I was taught that the fastest way to lose a friend is to ask for a loan, which would inevitably happen if I were to stay on the spending path. Then there are also reasons besides lost of friendship and financial insolvency for not doing so.
“I remember reading about this boy in China who sold his kidneys to buy an Ipad and an Iphone,” I said to my Beijing friend. “He probably now realises that fancy electronics are a poor exchange for 2 good kidneys.”
“That’s sad but the desire for nice things is driving young people to do all sorts of things.”
That’s not to say I don’t admire the boundless self-belief Generation Y Yuppies have for themselves. While the rest of us are stuck in some less-than-ideal version of ourselves, Generation Y Yuppies morph Machiavellian-like into whatever suits their purposes. Being a border-town inhabitant, with a strong leaning towards the X, I see more hurdles to the transformation than benefits to be gained from such a soul-altering undertaking. Accordingly, even the grandest of my aspirations are pygmies beside that of the typical Generation Y Yuppy. Even then, they aren’t things I go about declaring to the whole wide world. I have that Generation X tendency of playing it safe by saying nothing – that way, whether I succeed or fail, no one is to know. There is of course, another reason for this:
When I was in my early 20s, a colleague further up the Generation X tree than I am, said, “Don’t ever tell people what you want to achieve. If you do, they’ll try to stop you.”
Over the years, I’ve encountered the people I was warned of so I can fully appreciate the reasoning behind that former colleague’s advice. Meanwhile Generation Y Yuppies, perhaps luckier than I’ll ever be, have that loveable naivety that everyone is on their side and thus set about broadcasting their plans to anyone who will listen.