Update

We’re way overdue for an update here at Thriving, but there’s just so much gloom out there that it became difficult to keep posting all the stories about high unemployment among young people, student debt levels that push young people to bankruptcy (or, sadly, suicide), and the ridiculously high rate of boomerang kids, those young adults who cannot make it in the world after college. (A combination of higher prices and stagnating and even shrinking wages makes certain of that.)

Even those “fortunate” young people who borrowed tons of money to get their degree and found a great high-paying job now struggle to pay the rent or mortgage payment because they have those monthly student loan payments sucking up chunks of their paychecks. Since the government took over 90% of the student loan market, these folks are basically slaves for the government. I don’t think most parents dreamed of that kind of future for their kids.

There are bright spots. My personal favorite stories are those that describe young people who are fighting to grow their own businesses, or those who are learning to build their own tiny homes so they can live on their own and be financially solvent. More power to them! I also enjoy reading about parents who are developing homesteads and putting their teens to work on them. They have the right idea: all young people need to work. If that work can’t be found in the marketplace (and increasingly it can’t), then work must be found at home.

The worst outcomes will be seen among those young people who don’t know how to work, those who have been coddled and spoiled, and those who plan to live off the largesse of the taxpayers. Parents who put their teens to work are doing their best to make sure their kids don’t fall into those three groups as adults.

Many of the events I wrote about in Thriving are not even news now; they’ve become common knowledge. Just yesterday Bill Gates openly acknowledged that machines are likely to make many more jobs disappear. What will we do? No one can say for sure, but I still believe that there are things we can do to help our kids survive and even thrive in such an environment; you’ll find that information in Thriving in the 21st Century: Preparing Our Children for the New Economic Reality.

Top Stories:

New jobs pay less so learn to handle money well.

Some young people are learning to buy almost nothing in order to make ends meet.

Google employees have lived in campers or cars on campus to save on rent.

Cheap tiny loft apartments draw young people quickly, create waiting list.

He earns 10K so he built a tiny house for 3K.

Some teens are learning to build tiny houses in high school.

Home sales are hurt by young adults who have student loan debt and can’t afford mortgage payments too.

Study finds fastest-growing careers don’t pay enough to allow home ownership.

Temporary work has become a way of life for many people.

Job opportunities for high school grads.

Too many STEM workers, not enough jobs.

Will half of today’s jobs be gone in ten years?

There is a future in teaching kids to grow organic food. (Great video!)

College dropout grows eBay business into a $100 million fashion empire.

Another college dropout founds free code academy with 26 million students.

Here’s one young man’s impassioned argument against college.

Mike Rowe discusses the high cost of college.

Young woman dies, leaving her parents with $200,000 student loan debt.

Only 1 in 5 college students earns a bachelor’s degree in four years:

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11-Year-Old Entrepreneur Makes It to Kickstarter

Here’s a great story about an 11-year-old who solved a problem: she invented a spill-proof cup for her grandfather, who has Parkinson’s disease. Now she’s selling her invention on Kickstarter. WTG Lily!

BTW, did you note her dad’s comment? He said, “…one of the reasons I have so much passion for this project is that Lily wasn’t really recognized by her school. If it wasn’t for crowdfunding, she’d still be asking me, ‘What am I good at?'” As I’ve said so many times, schools do not encourage creativity. Sometimes they even discourage it. Kudos to Lily’s dad for helping her with her idea.

Weekly Update: July 11, 2012

News and Info for 21st Century Parents

Some claim Chinese schools don’t allow children to develop their creativity.

Debt-free! Man pays off his mortgage with pennies.

Unlike many others, some colleges are actually graduating the majority of their students within four to six years.

Over at my blog, I’m sharing some ideas for helping your kids choose a career.

Family selling Lou Gehrig baseball to help defray student loan costs.

What Homeschooled Kids are Missing Out On

Nice…teacher slaps student and claims movie reenactment as her excuse.

You Can Say That Again!

I never learned hate at home, or shame. I had to go to school for that. (Dick Gregory)

 

So, how are you preparing your children to thrive in the 21st century? Check out the links to the left for articles and information that will help you.

See you next Wednesday,

Barbara Frank
http://www.thrivinginthe21stcentury.com

Subscribe to these weekly updates via RSS or email: see your options in the top right corner.

Weekly Update: March 14, 2012

News and Info for 21st Century Parents

Teach your kids about financial freedom so they don’t wind up like this.

How sad: the drive to get his son into college by age 10 is what made this dad act like this.

It’s official: we’re mired in the longest period of unemployment since the Great Depression.

Meanwhile, Procter & Gamble plans to cut nearly 6,000 non-manufacturing jobs.

Employers are speaking out about the need for young people with practical skills.

What Homeschooled Kids are Missing Out On

School personnel now make children eat government-provided lunches even though kids bring lunches from home. 

You Can Say That Again!

A child educated only at school is an uneducated child. (George Santayana)

 

So, how are you preparing your children to thrive in the 21st century? Check out the links to the left for articles and information that will help you.

See you next Wednesday,

Barbara Frank

http://www.thrivinginthe21stcentury.com

Subscribe to these weekly updates via RSS or email: see your options in the top right corner.