Talkin’ About My Generation

It’s only recently dawned on me that my generation—not just Baby Boomer but the older half of that generation—had it easy (unless you were a minority, which is a different story). My lifeline followed the prosperity of this country—starting from the 1950s when an economic and population boom followed the end of World War II. Housing was cheap, and my parents’ generation was flocking to the suburbs, where new subdivisions were being quickly built on what was farmland. I recall that my parents paid $15,000 in 1956 for the house where they raised our family. (Of course, everything was cheaper then; when I was in college, I remember working at office jobs where I was paid $2/hour.)

For my generation, college was affordable (I recall paying around $2,000 a semester), and jobs were plentiful after graduation. I didn’t have to worry about student debt, because my parents, even with seven children, were able to pay the tuition.

My father was a firm believer in the stock market, and his investments grew throughout the decades, with only a few blips here and there. He also saw the benefit of buying property—a few acres here and a few acres there when he had the money—which also accrued value as the decades passed.

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