Is it just me or is the 25-31yo generation wealthier than the 35-40yo generation? Or they just handle money differently.
I know my sample size is exceptionally small, but with people i've worked with and my outside friend circle. People over 35 seem to complain about finances and expenses more even those that are single. While those under seem to have money to buy homes, travel regularly, own 2-3 dogs, multiple vehicles.
Like 2 people i know. Ones 28 he owns a house, has two dogs, 2 cars, motorcycles, he travels 4-5 times a year road trips in between, he is a trade worker so his income must be good however we live in a very expensive city 1br apartments start around 600k. Another she's 31 same situation as him, she never even went to college/uni, she just worked out of highschool and through connections she got a well paying job so understandable she never spent a cent on schooling and was just able to save since highschool. Her brother same thing, he worked for their dad and then just moved up in the company and then switched to a bigger firm, he only did a diploma in marketing for 2 years and he's now handling million dollar accounts for clients.
2 others are a couple but they have joint income so it's understandable.
My ex roommate even bought an apartment though far from the city, he can still comfortably afford the mortgage while still spending a LOT on luxury stuff. But he is also a trade worker. My brother in law is in the same field but he has no chance at being approved for a big enough mortgage to own.
Is this normal or just the people i've been encountering. I know the first four people had generational wealth to a degree. And most didn't waste money on post education apart from those in the trades.