Just started a pension for a 7 day year old baby

I can't say I'm at all angry with my peers for buying phones and video games,

Its just a shame you had to resort to a strawman argument rather than attempt to have an actual debate about this. I own both a phone and a games console. Clearly I was referring to the many people of my generation who seem to have lots of money to fund their materialism but claim to not have enough save any, rather than having any inherent objection to the products that they opt to purchase. Although as it happens I buy an Android phone for less than £150 and sign up for sim-only contracts, rather than buying an iPhone on finance, and I just bought my first PS3 because I can get the games for a fiver.... because spending £50 on a game that can be completed in a long weekend won't sit right with me when I'm trying to 'catch up' RE: pension.

but then I'm also not angry with them for not knowing things they weren't taught.

I specifically referred to people who are angry at previous generations for making specific mistakes, but then do the same things themselves. These are not people who can plead ignorance.

how are you much better for mass criticising your own generation in broad strokes?

Perhaps I'm not any better, but we currently have record UK personal debt levels, and the data suggests that millennials are shunning pensions, so if its data that you want then you could look into that.

There are financially shit people in every generation and you're not one of this generation. What do you gain by being pissy at those who are?

See how you feel when you are 55 and the government does a pension cash grab to help pay for the people from your generation who can't be bothered to save for retirement. This will affect you, and your children.

/r/UKPersonalFinance Thread Parent