The Uncuttable Digital Apron Strings

no strings attachedIn this season of New Girl, a character's visiting mother threatens to punish him in an incredibly convincing way: by no longer paying for his cell phone. The character, Winston, is nearing 30-years-old, otherwise financially independent, and living with roommates; but his continued presence on his family plan is more true to life than comic relief. Many Millennials stay on their family cellphone plans and shared entertainment accounts with their parents footing the bill, even when making other steps toward independence.
 
Wall Street Journal article on the subject earlier this week tells us that 29% of parents of 18-to-35-year-olds continue to pay for their cellphone service even after the kids have moved out. Citing everything from empty nest syndrome to enjoying the access to the entertainment preferences of their young ones, the Boomer perspective is clearly laid out: the prolonged family plan keeps the connection to their kids alive. On top of this, the concept of cellphone and entertainment account independence is a completely new arena. Boomers themselves didn't have to contend with this as a right-of-passage, so they may not see cutting digital ties as a necessary step their own kids need to take on the road to adulthood. But how do Millennials feel about keeping their digital apron strings tied tight well into their 20s and 30s? 
 
In his Huffington Post response to the WSJ article, Danny Rubin posits that if your parents are still paying for your cellphone you are not a true adult, and for Millennials who are managing the onslaught of adulthood with a combination of anxiety and procrastination, that might not be such a bad thing. After all, being a grown-up is scary stuff, and even a small continued reliance on family is something of a comfort.
 
But it might not just…

 
 
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Millennial News Feed

Quote of the Day: “It's cheaper and more fun to make my own Halloween costume. Also that way my costume will be different from everyone else's.” –Male, 17, PA

In stories of cyberbullying, Formspring gained a reputation for being an epicenter for negativity and hurtful anonymous comments between teens. The platform shut down last year thanks to that toxic history, but in its wake new site Sping.me wants to be “the friendliest social network,” joining the fight for positivity in social media. Like Formspring, Spring allows Q&A discussions and chats, but the site wants those chats to facilitate making friends. Spring’s slightly older userbase (an average age of 24) is one factor they hope will keep the environment relatively gossip and troll-free. (TechCrunch)

In our most recent Ypulse Quarterly trend report, we talked about Chasing Neverland, a trend of Millennials wanting to recapture the carefree feeling of their childhood. One example? The pre-work dance parties that have become popular in New York, LA, San Francisco and Atlanta. Daybreaker, the company throwing these energetic events, emphasizes health and wellness, and says the parties are all about having a unique, fun, in-person experience. According to one organizer, “There’s an outcropping of excitement for interactivity and real community experiences. Millennials—they’re tired of online.” (Mashable)

Millennials are getting serious about saving. According to a new study, the number of young workers enrolling in 401(k) plans increased 55% in the first half of 2014. A major factor behind the increase is the “sheer number of Millennials entering the workforce.” Today they make up 25% of workers, and by 2020 that number is estimate to climb to 50%. (Time)

The rumored anonymous Facebook app is here: Rooms is a mobile network that aims to bring people together based on mutual interests instead of mutual social connections. Users can create a room around any topic, from bee keeping to World of Warcraft, and other people can join those rooms using any username they choose. Room accounts are not connected to Facebook accounts, and the app is based off of the idea of online forums more than recent iterations of social networking. (Fast Company)

Archie, Betty and Veronica are coming to TV: Fox is developing a “subversive take” on the iconic comic series. The show,Riverdale, will reportedly be a combination of the small-town teen sagas of Dawson’s Creek and the weird, mysterious happenings of Twin Peaks. The plot will focus on the darker elements lurking under the “wholesome façade” of the town, and other characters from the Archie franchise will be involved—Josie and the Pussycats will reportedly play a “big role.” (SlashfilmUproxx)

Did you know that Ypulse tracks social media trends in our biweekly surveys? We found that Vine, Twitter, and YouTube have seen steady growth since November 2013, gaining 9%, 10%, and 13% more Millennial users, respectively. Our Silver and Gold tier subscribers explore helpful visuals that detail our tracked trends in the Data Room on Ypulse.com. (Ypulse)

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