Monday, January 6, 2020

The Issue Of Financial Success - 982 Words

Many people are led to believe that with the right amount of effort, they can grow up to be anything they want to be in life. Although the basis of that rings true, one also must find a profession that pays the bills, and marrying the two can be nearly impossible for some groups. The Gen X (those born from 1966-1976) and Baby Boomer (those born from 1946-1965) generations simply found that success by attending college and obtaining Bachelor’s Degrees or higher (â€Å"Generations†). The action of obtaining a degree was rewarded by employers with a high rate of starting pay in the field they desired, which led to a comfortable financial situation, while also the pursuit of their dream job. Millennials (those born from 1977-1994) are facing a different situation. Financial success in America is often defined as living debt free, with enough money to cover monthly expenses, and enough to save for a rainy day. While that seems like an easily achievable goal, many young peopl e are finding it a difficult task, even with a college degree in their chosen field, due to the high cost of attendance for colleges, low starting pay, higher unemployment rates, and high student loan debt. Millennials should not pursue higher education because having a degree in a chosen field does not guarantee a Millennial financial success beyond graduation. Unemployment is a hardship that many face, whether college educated or not. The Bureau of Labor Statistics reports that in 2015, 2.7% of all people withShow MoreRelatedCase Analysis: Citibank Essay806 Words   |  4 PagesKristin Howell Bus 400 Sec A Dr. Li 30 October 2007 Citibank Case Analysis Introduction: Through reading the article titled Citibank: Performance Evaluation and performing my own in-depth case analysis, I was able to analyze the issues Citibank California was confronted with and determine possible solutions to help run their business more successfully. Although Citibank is a well-run corporation that made necessary improvements in an effort to gain a competitive advantage over theirRead MoreQuality and Values Initiatives in Health Care1239 Words   |  5 PagesQuality and Values Initiatives in Health Care Introduction The relationship between the external quality and value initiatives in health care has been widely discussed in academic literature. 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