drrich2
Contributor
A big question for young adults is one of priorities. I spend some time on Quora, where a lot of social issues are discussed. In the U.S. today, a lot of young people are entering the workforce with around 30 grand or so in student debt, and starting earning in life a few years later than the Baby Boomers did. That's presumably the ones who actually got degrees; one poster indicated about 45% of high school grad.s today go to college, but some don't make it through, and some who do end up 'underemployed.'
Also consider private section job pensions are all but extinct. And we have the rise of the FIRE movement - financially independent/retire early mentality. In a society where people often change jobs multiple times over their life course.
A youngster better be loading up a 401-K and get him/herself a mutual fund portfolio or other investment vehicle and start wealth building, learning to live frugally well within one's means in order to save and invest toward retirement.
Hobbies that tend to clear the 8 grand/year level can be trouble.
Also, people today are often geographically mobile due to school and work issues. I am blessed to take about 2 1-week dive trips per year. That's great. That's 2 weeks off from work I could go visit my out-of-state elderly parents and maybe take their granddaughter to see them...and don't.
Recreational scuba diving is competing with more than just video gaming and skiing.
I wonder if scuba being predominantly a sport of people in the 30-40+ demographic in some areas is just the natural way of things and not cause for alarm? Aside from the small portion of players in professional sports, baseball, basket ball and football are overwhelmingly dependent on young participants. Who worries about how to get more 40 and 50 year olds into local amateur baseball teams?
I have some skin in this game. I've got a little girl, she's 6 years old, and in addition to becoming a cop and an artist, she wants to dive with me when she grows up. I'd like her to travel and see some of the world, and I'd love for her to dive. But there are a number of things to think about.
Also consider private section job pensions are all but extinct. And we have the rise of the FIRE movement - financially independent/retire early mentality. In a society where people often change jobs multiple times over their life course.
A youngster better be loading up a 401-K and get him/herself a mutual fund portfolio or other investment vehicle and start wealth building, learning to live frugally well within one's means in order to save and invest toward retirement.
Hobbies that tend to clear the 8 grand/year level can be trouble.
Also, people today are often geographically mobile due to school and work issues. I am blessed to take about 2 1-week dive trips per year. That's great. That's 2 weeks off from work I could go visit my out-of-state elderly parents and maybe take their granddaughter to see them...and don't.
Recreational scuba diving is competing with more than just video gaming and skiing.
I wonder if scuba being predominantly a sport of people in the 30-40+ demographic in some areas is just the natural way of things and not cause for alarm? Aside from the small portion of players in professional sports, baseball, basket ball and football are overwhelmingly dependent on young participants. Who worries about how to get more 40 and 50 year olds into local amateur baseball teams?
I have some skin in this game. I've got a little girl, she's 6 years old, and in addition to becoming a cop and an artist, she wants to dive with me when she grows up. I'd like her to travel and see some of the world, and I'd love for her to dive. But there are a number of things to think about.