My wife and I are from this consumption generation (late 20’s), but have strayed from our peers by being very frugal and saving a substantial sum over the past 7 years since graduating college and avoiding debt completely. The only reason we are savers is because of the teachings of our parents; although they were well-heeled, they didn’t spoil us, so we never had that instant gratification syndrome.
I’ve never been so happy to be cash heavy…I sleep very well at night and know that serious profit opportunities await in the next few years.