Q&A With Lindsey Pollak: Author/Gen Y Career Expert

We chatted with author and Gen Y career expert Lindsey Pollak about how Millennials can find a job, how to manage their money, and how to prepare for their financial futures.

Working With MillennialsMillennials in the workplace has long been a hot topic since they’re the largest generation and by 2025, they’ll account for 75% of workers globally. But beyond they’re size, Millennials are transforming the workplace in their desire for flexibility in a job, a cool company culture, and to work for a company where they’ll constantly learn and grow, blending their personal interests with their professional ones.

Finding and landing the right job is the toughest part for many, especially in today’s economy, but what many Millennials don’t realize is the responsibilities that come after they get a job and they're trying to make it in the real world. We chatted with author and Gen Y career expert Lindsey Pollak about how Millennials can find a job, how to manage their money once they land a job, and how to prepare for their financial futures. As more and more Millennials are interested in entrepreneurism and working for small companies, Lindsey explains the importance of financial education and planning ahead.

As Lindsey discusses, young people will be placing more and more importance not only on the responsibilites that come with a job, but the environment in which they work. Millennials are shaping companies with their desire to make the office more social, but despite their live for now attitude, they have to be smart financially and plan for what's ahead.

 
 

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The Newsfeed

Quote of the Day: “My 2017 resolution is YOLO life...Don't be afraid to take a chance, to fail, and then try again.”—Female, 20, NY

Professional Millennials are turning to apps and loved ones for financial advice—but they still aren’t reaching their goals. A study by finance company SoFi found that 25-34-year-olds are most likely to turn to significant others as a resource for money matters, followed by family, then “nobody,” followed by financial advisors. Almost 40% are using apps and digital tools for personal finance a few times a month or more, but despite their efforts, 38.4% say they were less than successful in accomplishing financial goals last year—indicating that they could use more help. (SoFi

Netflix has turned itself into a must-have for TV viewers. Hub Entertainment Research recently asked U.S. consumers what TV sources they would keep if they could only have three, and found that 36% chose Netflix, followed by ABC at 20%, and then CBS at 18%. For 16-24-year-olds, Netflix is “even more indispensable,” with 56% choosing the streaming service as one of their three—almost three times more than their second choice, ABC at 19%. Our Binge Effect trend found that 64% of 13-33-year-olds are using Netflix the most for binge-watching content.  (Digital TV Europe

University students in the U.K. value good grades more than privacy. A new study from digital learning platform Kortext found that almost half of students agree they would get better grades if their lecturers were able to track their study habits and progress throughout the year, and a whopping nine out of ten would be happy to let their universities use analytics to track their weekly progress to achieve better marks. Growing up in the digital era has made younger consumers more open to sharing information than previous generations—which we covered in our The Privacy Issue trend. (Forbes)

Millennial-owned businesses are feeling really good about 2017. A recent Yelp survey revealed that the majority of businesses had a good 2016, with 68% saying their business performance met or exceeded their expectations. The majority of Millennial business owners felt the 2016 political climate benefit for their businesses, and they were more likely to say it had a positive effect than older respondents. They’re also expecting 69% more revenue growth than their older counterparts for 2017. (Small Business TrendsYelp)

Sesame Street’s Count von Count is a rare find—children are not hearing many foreign accents in their entertainment. An analysis of kids’ TV shows found that out of 282 characters, only 21 were foreign, and “in terms of personality traits, [the] foreign characters were more bad, aggressive and uncultured than non-foreign characters.” According to a Pew report, second generation immigrants make up 11% of the entire U.S. population, and our Diversity Tipping Point trend, revealed that 52% of 13-33-year-olds don’t feel entertainment media does a good job of representing minority groups. (The Guardian

Quote of the Day: “My 2017 resolution is to improve my dog's confidence- She's somewhat fearful.”—Female, 28, PA

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