There's an Australian millionaire that has some choice words for Gen Y and Millenials where he claims that the reason they're still broke is what they spend money on.....AVOCADOS. Check out what he told Australia 60 Minutes and maybe he's got a point.
“When I was trying to buy my first home, I wasn’t buying smashed avocado for $19 and four coffees at $4 each,” Gurner said in an interview with Australia’s 60 Minutes, “We’re at a point now where the expectations of younger people are very, very high. They want to eat out every day, they want travel to Europe every year. The people that own homes today worked very, very hard for it [and] saved every dollar, did everything they could to get up the property investment ladder.”
This generation is watching the Kardashians and thinking that’s normal — thinking owning a Bentley is normal,” he said.