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Welcome to our blogs! A page where you will find a selection of articles, editorials, and human interest stories.
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Thursday, December 2, 2010

Big money never sleeps, but it doesn't entice, either

Greetings!  I'm Nico Trimoff, manager of accessibility and transcription services at http://www.sterlingcreations.ca.
Well, as the song says, "Happy days are here again!"  And today, I have a really informative article for you to read and if you don't have time now then maybe during the holiday season you can find a free moment to do so.
We thank Denise haricot for sending this one into us.  To send your contribution into us, please email us at info@sterlingcreations.ca.
Enjoy your day!
 
+++++++++++++++
A reader's contribution
 
Big money never sleeps, but it doesn't entice, either
They've got lucrative technological tools at their fingertips, but today's
youth appear to crave a more modest existence, according to results of a new
Canadian survey.
 
Laura Stone
Edmonton Journal , July 28, 2010
 
Rather than leading or starting their own businesses in the next decade,
Canadian students want the hallmarks of a traditional life, such as a home,
a decent job, and a loving family, the study found.
 
The national survey of 2,500 high school and post-secondary students says,
perhaps counter-intuitively, that today's young adults are risk-averse and
aren't exactly banking on becoming millionaires.
 
"This generation really is looking for happiness and personal fulfilment, as
opposed to conquering the world and lots of financial and material wealth,"
said Suzanne Tyson, president of Studentawards Inc., a Toronto-based
marketing and scholarship firm that conducted the survey, entitled Canada
2020.
 
"That incredible drive to be the Gordon Gekko of the world isn't there in
this generation."
 
(Neither, perhaps, is that reference, but after Wall Street: Money Never
Sleeps opens this fall, perhaps it will be.)
 
The top three priorities of students today are spending time with family and
friends, acquiring more education, and leading a healthy lifestyle, the
survey said. Those priorities will remain unchanged over the next 10 years,
according to the students.
 
While 70 per cent of respondents said they are optimistic about the future
and will "create their own destiny," only 30 per cent of respondents said
they plan on starting their own business in six to 10 years from now, and at
approximately 25 per cent, few students said they consider themselves
entrepreneurs.
 
The majority, at 60 per cent, believe they will never start a business at
any point in their careers, and about 70 per cent of youth don't think
they'll be millionaires -- a sharp contrast to the "me" generation of the
1980s, said Tyson.
 
One reason, she said, is that today's youth have come of age in an era of
financial insecurity.
 
Other findings suggest the surveyed youth, ages 17 to 29, see the "lowest
set of priorities" in their lives as taking care of the environment, having
money and material belongings, and trying as many new things as possible.
 
Tyson said that while the finding about the environment is surprising, it
may suggest that the "Blue Box" recycling generation has grown up worrying
about the environment and so the concerns are implicit.
 

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