GenY

Today's economy is especially rough for the young members of Generation Y. And it's hard not feel sympathetic for them ... until you hear this alarming tidbit: Gen Y believes that success comes through luck. Yes, luck, not hard work.

With no home equity and having just started their 401(k)s, most people in their late teens and early 20s can afford to spend money on clothes and other discretionary items. With December sales up 13.1% from a year ago at Buckle, a youth-oriented clothing store, it looks like its market of...

Being in my 30s, I'm one of those Gen X-ers older people look down their nose on for my flashy spending, addiction to bling and Starbucks lattes, and preference for credit card over savings account. I'm actually not a coffee drinker and I prefer planting flowers to purchasing flashy bling, but...