Top 8 products the Facebook generation will not buy

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Consumer tastes of the Facebook generation is changing at a greater rate than ever.

The purchasing habits of the youngest generation present the most dramatic shifts in consumer tastes — a reflection of what they find important, and are changing at a greater rate than ever. 24/7 Wall St. has identified eight popular products that the “Facebook generation” is not buying.

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Focus on the Future of Financial Planning at FPA Retreat

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Futurist Thomas Frey, a keynote speaker, suggests planners take advantage of the ‘untethered marketplace’.

Since its inception in 2000, the FPA Retreat has always been sui generis: It is as much a gathering of like-minded financial planners who draw strength from communing with each other as it is an educational conference.

 

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Young Adults of Today Have an Over-Inflated Sense of Entitlement

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Generation Y believe in a sense of entitlement.

The young adults of today want it all but are not prepared to work for it, a new study suggests. Those who were born into “Generation Y” have an over-inflated sense of entitlement lack the work ethic to achieve their goals.

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Three-Fourths of Millennial’s Say They Are ‘More Spiritual Than Religious’

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Many members of “Generation Y” are drifting away from traditional Christian beliefs and practices

Most young adults today don’t pray, don’t worship and don’t read the Bible, a major survey by a Christian research firm shows.If the trends continue, “the Millennial generation will see churches closing as quickly as GM dealerships,” says Thom Rainer, president of LifeWay Christian Resources. In the group’s survey of 1,200 18- to 29-year-olds, 72% say they’re “really more spiritual than religious.”

 

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4 Key Demographic Trends with the Housing Demand

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Towns move back to the concept of a walkable multiuse town center.

Demographic shifts and changing values will increase demand for pedestrian-friendly, mixed-use communities in both urban and suburban settings, according to John McIlwain of the Urban Land Institute. “The age of suburbanization and growing homeownership is over,” McIlwain said in a recent report, “Housing in America: The Next Decade.” “The coming decades will be the time of the great reurbanization as 24/7 central cities grow and suburbs around the country are redeveloped with new or revived walkable suburban town centers.” This transition will be fueled by the growth of two-person households, an end to baby boomers’ suburban infatuation, and public policies designed to stimulate compact development. In his report, McIlwain points to four key demographic trends to watch going forward:

 

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