Each generation gets unfairly judged for whatever reason. Supposedly, Baby Boomers were a bunch of hippies, and Gen X gets called slackers. The harsh stereotype attached to millennials is that they are wiping away the old way of doing things (even though they were working just fine for everyone else). This includes phenomenon such as not buying homes or even their breakfast choices. Why do they insist on doing everything differently? Here are the traditional things that are endangered because of millennial habits.
Cereal Has Become An Inconvenience
The New York Times reported that 40 percent of millennials surveyed said that the sweet and crunchy morning option “was an inconvenient breakfast choice because they had to clean up after eating it.” That explains why avocado toast is so in demand now.
Keep The Reclining Chairs And Surround Sound
They’re doing this for a reason. The movie theater industry is slowly dying thanks to millennials electing to stay at home and stream what they want to watch the moment it hits their favorite service.
Who Needs To Buy Gas Anymore?
Cars are slowly becoming less of a necessity and more of a burden. The car industry is suffering in this modern age for a few reasons. One interesting stat is that millennials are waiting longer than ever to get their licenses, something automakers are entirely shocked to discover.
Another and more obvious reason is Uber! Throw public transportation in the mix as well as ride sharing, and young adults are finding out that owning a car isn’t worth it. Urban-based young people might give in and eventually buy a car.
Do You Prefer Body Wash?
A MarketWatch report said that 60 percent of adults 18-24 think that soap bars become covered with germs after using it. That’s alarming, but that explains why body wash like this premium pine body wash is so popular now. Rest in peace to soap bars everywhere.
Who Needs A Gym?
All this boils down to is that millennials are hip to trying new things, but as a result, the old ways get pushed out of consciousness. Gyms may not survive for much longer.
Did You Say, Fabric Softener?
Statistics show that the decline in the fabric softener market started when sales dropped 15 percent between 2007 and 2015. Big time marketing execs are steadily trying to find a way to connect with the young folks, but their efforts seem futile.
No Brews No Problem
This new trend is pot, and the generation coming behind millennials likes that instead of alcohol. Not only is drinking beer becoming less and less popular, but it may soon become something people frown upon in the future. Are brewers in trouble?
Bye-bye Cable, Hello Streaming
The ease of it all makes sense for anyone who cancels their cable for the switch. The main reason millennials get the blame for this one is that they embrace this accessibility the most, and will never go back to the confines of wires and scheduled programming.
To-go Please
Perhaps with the emergence of apps like GrubHub, Uber Eats, and Postmates, folks get to stay where they are and have their favorite dish come to them. We don’t even have to make the trek to the restaurant to pick it up. Meal-kit companies have something to do with this too…
Napkins Are Going Extinct
It works just as well, if not better and it’s one less thing to buy. A marketing director also pointed out that the younger generation is less likely to eat around a table… is the dining table next on the list?
Shopping Online Has Never Been Easier
Sadly, department stores are closing at a fast rate. While some businesses elect to shut down only a few locations, others’ brick and mortar stores are closing completely.
The Suit, Or T-shirt?
Not only that, but workplaces allow casual attire every day, not just on Fridays. It’s become more accessible and convenient to ditch the suit unless you have to wear one for a special occasion. Lifestyles are becoming more focused on wearing leisure gear as well.
Home Phones Are For Their Parents
According to a survey, 66 percent of 25-29 -year-olds live in a completely wireless house. So, it’s safe to say that moving into a new place that they’re more-than-likely renting, getting a landline phone is at the bottom of their list.
Paying A Mortgage? No Way!
Another reason millennials are opting out of a house is that they find it too restricting. They’d rather rent an apartment or a house in order to have mobility. so they don’t have to make a huge commitment with a mortgage. Want to move from California to Canada? No problem!
Bulk Groceries Are A Waste Of Money
They’re only shopping and cooking for themselves, so why do they need two weeks worth of groceries that won’t even all be used? Millennials like to buy things when they absolutely need them, so spending money on groceries that might go bad only seems like a bad investment.
A study uncovered that 75% of millennials don’t have any life insurance. They don’t have it because they can’t afford it. Not having the money to do it is one thing, but once they realize its something they would need, sorting through the options can become intimidating.
Something millennials fail to realize is that the younger you are when you get coverage, the cheaper it will be in the long run. The life insurance business isn’t as prominent as it once was, but with proper education, that can change.
Source: Money Pop
