People in their early 30s are half as wealthy as those now in their 40s were at the same age, a report finds.

Today’s 30-something generation has missed out on house price increases and better pensions, according to research by the Institute for Fiscal Studies. Those born in the early 1980s have an average wealth of £27,000 each, against the £53,000 those born in the 1970s had by the same age, said the IFS. They will also find it harder to amass wealth in the future, it added.

The think tank found that people born in the early 1980s were the first post-war group not to have higher incomes in early adulthood than those born in the  preceding decade.

“This is partly the result of the overall stagnation of working-age incomes,” it said. “But it also reflects the fact that the great recession hit the pay and employment of young adults the hardest.” (x)

aka - why Millennials are “ruining” everything that Baby Boomers love.

September Budget Wrap-Up

I spent within my budget for the entire month AND THREW A TON OF MONEY INTO MY SAVINGS ACCOUNT BECAUSE OF IT! Yes. I am the winner. I win at life today. 

Car payment: $200 spent of $200

Gas/transportation: $125 spent of $150

Phone: $45 spent of $45

Student loan: $250 spent of $250

Personal care: $15 spent of $15

Entertainment: $10 spent of $10

IRA contribution: $250 spent of $250

Food: $241 spent of $250

Total budget: $1,136 spent of $1,161 budgeted


Published on Oct 28, 2013

Winner of the 2005 Oscar® for Best Short Animation

This Oscar®-winning animated short from Chris Landreth is based on the life of Ryan Larkin, a Canadian animator who produced some of the most influential animated films of his time. Ryan is living every artist’s worst nightmare - succumbing to addiction, panhandling on the streets to make ends meet. Through computer-generated characters, Landreth interviews his friend to shed light on his downward spiral. Some strong language. Viewer discretion is advised.

Directed by Chris Landreth - 2004