Why Gen Y Is So Financially Frustrated

The challenging job market has led to marriage and parenthood delays, along with career stagnation.


"Parents can be an enormous source of support. If your parents were born in the late '50s or early '60s, they graduated right into a recession, too," says Funk. She adds that the high-profile success of Gen Y entrepreneurs, such as Facebook's Mark Zuckerberg, give young people inspiration to create their own careers instead of endlessly job hunting.

As Bissonnette puts it, "We have technological skills that give us a huge advantage over older people—who are often competing with us for entry-level jobs."

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