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generational differences in wealth accumulation
I've amassed nearly $600K in assets despite starting without inheritance
Starting our family life at 29 with no inheritance, my husband and I have amassed assets worth VND15 billion (US$589,000) after eight years.
I have little at 34 because mother insists I start life without inheritance
Fresh graduate demands $1,000 monthly salary from my firm
I don’t live frugally just to leave an inheritance to my children
I have had plenty of rich experiences that people who live frugally to save money for their children often miss out on.
October 8, 2024 | 03:09 pm PT
I interviewed 30 Gen Z candidates but hired none
Some Gen Z interviewees showed up in flip-flops or shirts with several buttons undone while a few others were 30 minutes late without any explanation.
October 7, 2024 | 06:55 pm PT
I don’t mind if people call me outdated for still using an iPhone 13
Some people laugh at me for still using an iPhone 13 in 2024, but I am unfazed because I have a car and a few houses before turning 40.
September 23, 2024 | 09:06 pm PT
Students work part-time for less than $1 per hour
Though businesses offer bonuses based on their sales, some students still work for just VND17,000 (US$0.64) per hour, which I find quite low.
September 4, 2024 | 02:18 pm PT
I feel ashamed of the university degree my family celebrates
My family is proud that I am the only one who has earned a university degree, but I have grown ashamed of that “achievement” after years of struggling with work.
August 29, 2024 | 04:49 pm PT
Low-income people frequent coffee shops the most
Many young people go to coffee shops to study and work because they live in cramped or shared spaces.
August 9, 2024 | 03:32 pm PT
Owner of multi-million-dollar business lives frugally to save assets for his children
My friend was astonished when he found out that I, the owner of a large business, still drive an old car and wear cheap clothes.
August 5, 2024 | 06:02 pm PT
Three of my friends hit it big despite their average to low education backgrounds
Several of my friends dropped out during junior high but are now very well-off, much more so than my colleagues with higher education levels.
August 4, 2024 | 03:15 pm PT
My foreign boss's 'die poor' mentality surprises me
It baffles me that my foreign boss does not indulge in houses and cars, opting to rent or live in employer-provided housing, despite having a sky-high income.
July 1, 2024 | 05:10 pm PT
I have 4 townhouses but never promise my child an inheritance
My wife and I have four townhouses, but we will only leave them to our child if he is dutiful; otherwise, we will sell them to enjoy our old age.
June 8, 2024 | 03:16 pm PT
I achieved less in 10 years than some inherit from parents
It took me a decade of hard work to be able to start my own business, while some people become managers right after graduation at their parents’ companies.
May 31, 2024 | 05:52 pm PT
Gen Z job-hops because land prices soar 400-fold, salaries only 20 times
Gen Z-ers change jobs every 2.2 years for better pay. If they stay in one place for as long as older generations, when can they afford a house?
May 28, 2024 | 03:20 pm PT
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