Lessons Learned from the Millennials!

There have been generations slaving hard at work just waiting for the day they can retire and start having fun. Unfortunately, some never make it to that day. These younger generations, Millennials included, aren’t about to let that happen to them. They believe that life is meant to be enjoyed. They aren’t planning on wasting life working to buy material things, they are going to enjoy every moment of it.

You know, reminds me of a good Kenny Chesney song: "The Life"

based on the old parable entitled: "The Parable of the Mexican Fisherman"

Maybe we could all learn a lesson or two from the Younger Generation (Millenials), or the Mexican Fisherman!

Affordable housing is one of the biggest dilemmas for all Americans, especially the younger generation, including the Millennial! The average house in Houston was $294,500 in October 2018, which means the home buyer would need a combined income of roughly $100,000, with a 3.5% down payment, or $10,308, plus closing costs and reserves - and that's if hey have great credit! This eliminates a vast majority of home buyers in all age brackets!

So, what's a home buyer to do? BUY AN RV!!

The younger folks, especially Millenials, have caught a lot of slack from people. Their generations are stereotyped as being lazy, unmotivated, and having a sense of entitlement. But, that’s because the media attention has been on the wrong group of younger generations & millennials. While there are some still living with their parents and working at low paying jobs with loads of student debt, there are also plenty that are paving their own path.

For those paving their paths, RV'ing seems to be the perfect fit. This generation has discovered that there is an entire world out there just waiting to be discovered and an RV will help them do just that. Over the past few years, the RV industry has seen a steady incline that they attribute to younger generations, including millennials, jumping into the market.

What they are finding:

1. They can make money online from ANYWHERE

They have discovered that they don’t have to pick a city that fits what they are looking for in order to get a job. Thanks to modern technology there are more and more people transitioning to the life of an online freelancer. They work for themselves, create their own schedule, and all they need is a laptop and Wi-Fi. That means they can do as much traveling and exploring as they want.

2. Buying an RV is more affordable than buying a house and provides freedom

It’s true that they have waited longer than any other generation to enter the housing market. Many claim this is because they are carrying some hefty student loan debt. That makes it hard for them to save enough money for a down payment and then have enough to pay a monthly mortgage payment. But, many have found that RV'ing living is a lot more affordable than buying a starter home, and it allows them to have an adventure.

3. They don’t have to wait for retirement

They can enjoy life NOW!!!

Thanks to: YouTube, Sky River RV, Be More with Less, and Houston Business Journal for info used in this blog.

Compliments of:

Julius F Zatopek III – Broker/Owner

Zatopek Properties