I’m not sure but I think the younger folks have sure gotten use to spending $1000 for a new iPhone every 2 years.
I have a colleague 15 years younger that’s switched cars 3 times over 5 months.
It’s all good . He does pretty well. More power to him. Theres nothing wrong with enjoying life a bit.
And they seem to be on top of finances too. They were the ones telling me about Robinhood and saying Schwab was old school(that was before schwab dropped commissions).
One of these days, I’m going to get “ok Boomer”-ed by them.