Move over Babyboomers – You are no Longer on Top.

It is official!  The reign of the Babyboomers as America’s largest living generation is coming to an end.  The population of the Millennials is currently 75 million, but is expected to increase due to immigration.

Alas for those of us given the title “Gen X”!  We will not overcome the Babyboomers until 2028, and like most “middle children”  we will never be the center of attention.

Here are a few points from the article.

  • Baby Boomers have always had an outsized presence compared with other generations. They were the largest generation and peaked at 78.8 million in 1999.
  • The Census Bureau projects that the Millennial population was 74.8 million in 2014. By 2015 Millennials will increase in size to 75.3 million and become the biggest group.

Here is a the article.

With the “reign” of the Babyboomers coming to an end, what does this mean for the Church?  I believe that churches already feel the shifts that are coming with this new generation, but are unsure how to respond.  If your community wants to understand and minister to the needs of Millennials, maybe we can help.

david in hat - blackDr. G. David Boyd is a member of Gen X – the middle child of generations who was destined to be overlooked by big brother Babyboomers, and little brother Millennials.  In spite of feeling neglected, he loves both generations, and believes the church needs representation from each of them in order to healthy.

Financial Literacy: Why College Is Not The Time To Blow It Off

© 2007 Quazie, Flickr | CC-BY | via Wylio

Your college years generally set the tone for your entire adult life. During this period, the choices you make can either lead to lifelong stability or long years of financial insecurity. By following well-established principles, you can prove yourself an excellent steward of the resources you have been blessed with. While learning the basics of financial literacy is doable for just about anyone, this topic can seem like a tough nut to crack for the uninitiated.

Whether they are enrolled in college or entering adult life and considering their options, millennials enjoy many opportunities to take on debt. Well-intentioned or not, an enormous number of lenders present young adults with various forms of credit. Whether they have graduated or not, millions of young adults leave college life with significant debt levels. Depending on your level of financial literacy throughout this period, accepting lines of credit can cause you to sink or swim in life.

Unfortunately, far too many people are entering their adult lives with little understanding of finances. A 2012 report from the SEC found that the average Wall Street investor don’t understand basic concepts like compound interest and inflation. If this class of people needs to “hit the books” and develop financial literacy, how much more does the average college student need to take responsibility of their own finances?

Despite the unique challenges millennials face, members of this generation can access financial tools that were not available to their parents. Many resources, including personal finance software, calculators, budgeting apps, financial blogs and others offer insight, direction, tips and financial education that helps set you on a path to being financially responsible.

The TopTenReviews College Student Guide explores exactly how financial software can help students live within their means. It enables you to have a full, clear accounting of how you spend. You might be bleeding money in ways that are genuinely surprising. Once you know your problem areas, you can focus on how to improve them and be more efficient at how you spend your money each month.

Some might feel that saving is as simple as it is important, for others it is a difficult concept to keep. When we are prepared, we will not fear. As Joseph in Egypt clearly showed, saving is the cornerstone of wise living. What would have happened to Egypt if Joseph did not save? Even if it feels almost as hard as wringing water from a rock, it is important to set aside a percentage of your monthly income for emergencies. Find the method of saving that will work best for you. Maintaining the right kind of savings habit might cost you a little pain now; however forgetting to save can cost you a world of heartache when you are faced with an unforeseen crisis and a shortage of funds. With the many resources and tools available today, there is plenty of help and guidance to help you improve your understanding and your situation before it gets out of control.

Lessons in financial literacy can hit home powerfully when learned from others who share your Christian ideals and values. Get to know trusted mentors who have faced similar challenges and blazed their own trails towards peace and security. Learn how to be financially responsible and self-sufficient during your college years, and don’t put it off. With God’s help, you’ll discover that becoming financially literate is more than a chore; it is a journey of empowerment and self-discovery.

View Jesse.PNG in slide showJesse Woodhouse is a Team Lead at TopTenReviews. He is a proud husband and father and loves sports, music and the outdoors.

Over Half of College Students do NOT know their College Debt Amount.

I still remember the number – 27,000.

There is no relationship between the number and my age, birthday, or anniversary.  It is not the number of comic books that I own (although, I wish it was).  The number seemed to follow me everywhere I went.  I began to feel a strange kinship with the number.

That number was my student debt total from graduate school.  I predicted the number even before I began my first year, and knew it was coming.  I still remember the day it was paid off.

Debt was a big deal to me, and I was aware of its weight.  Unfortunately, the concept of debt is lost among many students entering college.

I came across this article this week from the Washington Post.  A study was done among first year students about their perceptions of debt.

The study concludes that, “Students who do not have a good idea of their level of borrowing may make expensive mistakes that they will later come to regret.”  I have seen many students take out extra student loans for leisure trips or unnecessary expenses.

The study also states that “They are also likely to be surprised or even fearful when their first loan payments come due, which may impose an emotional burden on borrowers.”

That is an understatement.  The emotional burden of debt exists until the debt is paid.  Proverbs 22:7 states, “Just as the rich rule the poor, so the borrower is servant to the lender.”  Here are some stories from those living with school debt.

Debt is real.  It has consequences for today, and for the future.

We must help emerging adults understand the ramifications of debt, and help them find cost-effective solutions while discovering a vocation.

david in hat - blackDr. G. David Boyd is the Founder and Managing Director of EA Resources.  He has a passion to help emerging adults and equip churches.  He is thankful for his wife Rachel who worked hard to pay off his school loans.

 

 

Millennials on the Rise in the Twin Cities

The Real World from Flickr via Wylio

© 2013 Steve Jurvetson, Flickr | CC-BY | via Wylio

The Star Tribune recently released an article that discussed how Millennials are flocking to big cities.

“The population of young adults in Hennepin County rose nearly 25 percent during the past seven years, one of the biggest gains in the nation, according to RealtyTrac, a national real estate research firm.”

In spite of rising rental prices, Millennials are moving there because of low unemployment, and moderate cost of living.

“Craig Helmstetter, senior research manager for Wilder/Minnesota Compass, said that because people in this age group are making big life decisions, including marriage and homeownership, much later than baby boomers did, it will be particularly important for employers and policymakers to pay close attention.”

Change is coming, and it is important for institutions to be prepared – including the Church.

Is your church prepared to reach and minister to Millennials?

David Boyd 1 (1)Dr. G. David Boyd is the Founder and Managing Director of EA Resources, a non-profit designed to encourage and equip Emerging Adults and their parents.  If he can help your business, church, or institution prepare to meet the needs of Millennials, contact him at gdavid@earesources.org.

35 Things We’d Better Tell Our Sons About Harassment, Assault & “Boys will be Boys”

Just read a powerful article by Ann Voskamp, a NY Time best-selling author of A Thousand Gifts.  This article is important because it discusses what to teach our adolescents and emerging adults about sexual abuse and violence.

boyswillbeboysHere is the Article!

It is longer than many articles, so make sure that you have the time to read and digest it.  Each time that I have read it, I finished inspired and encouraged in my role as a man and father of three sons.

Wow, here are a few of my favorite quotes.

1.  And better stories begin around our dinner tables and our kitchen sinks.

Stories around our dinner tables and kitchen requires spending time together as a family.  This requires saying no to the endless activities of our world, and saying yes to better things.

2.  It is the scarred ones who make the Body of Christ sensitive.  

I know because I am a scarred one.  I was actually scarred by  the church (and I am not alone).  I am not thankful to those who gave them to me, but I am grateful to the God who sustains me daily.  These scars don’t define me, but they have shaped me in ways I once never imagine.

2014-09-28 13.35.063.  You don’t value a woman by telling yourself that she’s some man’s sister, or daughter, or mother. A woman doesn’t derive value from having men in her life that value and like her. A woman has value because she is made in the image and likeness of God. Period.

I have heard this false argument so many times.  Women do not receive their value due to their relationships with men.  They have value because of their relationship to God as Creator.  I don’t want my sons to treat women respectfully because they fear a dad sitting in the living room cleaning a gun.  I want my sons to fear God to whom they will give an account one day.

4.  That’s what you have to get, Sons — Real Manhood knows the heart of God for the daughters of His heart.

I want my sons to know that Real Manhood understands God’s love for men and women.

5.  Son, let everything you read of women be shaped by how Jesus sealed His view and value of women.

There is a beautiful piece of poetry in the center about Jesus’ view of women.  It is amazing.

May God make me a real man who will stand up for the value of women in the church.

May God make me a real father who will teach my sons to value women.

May God do the same to you.

david in hat - blackDr. G. David Boyd is the Founder and Managing Director of EA Resources, a non-profit designed to minister to the needs of Emerging Adults and their parents.

 

 

How To Help Young Adults Make Good Decisions

157774157Emerging adults face an endless array of possibilities.  For those who are not equipped to face these decisions, the job can become over-whelming.  Earlier this week, I wrote on Six Reasons why Decision-making is so difficult for Emerging Adults.

As a follow-up, I wanted to provide you with a little support for those trying to equip your adult children.  I like this article, because it provides guidance for parents and mentors without taking over the process or providing answers.  His three points are:

1.  Encourage young adults to seek God’s heart.

2.  Encourage young adults to “not settle.”

3.  Encourage young adults to follow through.

There is much more that needs to be said on the topic of helping Emerging adults, and I am thankful for his willingness to be apart of the conversation.

Here is the beginning of the article…

Decisions. During the course of a single day, we make decisions from the time we open our eyes in the morning until the time we go to sleep. We make all kinds of decisions–as insignificant as what color socks to wear to healthy lifestyle decisions like choosing between a chocolate cupcake or a banana to more significant decisions that affect the course of life such choosing to take the job or stay where you are.  (More…)

Mark Whitt is the Collegiate and Young Adult Specialist at LifeWay Christian Resources. The article comes from threads by LifeWay.  

6 Reasons Decision-Making Is More Difficult for Emerging Adults

I sometimes struggle with making decisions.  I can stare at a menu for several minutes while debating between the McChicken or the McDouble.  I use my time in the checkout lane debating whether or not I need a king-size candy bar.

© 2007 Anne-Lise Heinrichs, Flickr | CC-BY | via Wylio

While we all sometimes struggle with making decisions, the endless opportunities and never-ending stream of decisions facing emerging adults can be overwhelming.  Emerging adults (roughly 18-28) face many important decisions including:  personal identity, vocation, education, relationships, and family.  Before we call emerging adults wishy-washy, selfish unicorns (or some other nonsensical term pulled from the internet), here are few reasons why making decisions has become so difficult.

1.  Lack of Moral Certainty – Is it right or wrong?

Firm moral boundaries once helped people make decisions because certain actions were deemed immoral either by their religious beliefs, or by their family or community.  In today’s world, many emerging adults believe the morality of most actions to be uncertain; therefore, they cannot ask, “Is this right or wrong?”  Emerging adults are only left with the question, “Is this right or wrong for me?”   which just leads them to a new decisions.  As a church, we need to restore hope to emerging adults that they can find moral certainty for their decisions.

2.  Limitless Reach – Is it even possible?

In today’s world of parenting, a child should never be discouraged from following their dreams – no matter how unlikely.  Many children grow up with dreams of being the President, an astronaut, or professional basketball player.  This is the generation to whom Dr. Seuss wrote, “Oh the places you will go.”  Millennials and their parents believe in their own boundless potential, so now even the tone-deaf are trying out to be the next American Idol.

3.  Lack of Institutional Support – Where can I get good advice?

The young man from Flickr via Wylio

© 2010 Josef Seibel, Flickr | CC-BY | via Wylio

Emerging adulthood is a time when social structures including churches, family, and schools back away, and the individual is often left alone to figure out the myriad of decisions they face.  Wuthnow says, “the major decisions a person has to make about marriage, child rearing, and work happen after these support systems have ceased to experience stress and confusion, worry that they are not yet capable of behaving like adults, delay settling down, and often make bad decisions about jobs and money.” (Wuthnow, After the Baby Boomers)

Social institutions often step away during the EA years, and I believe that the church is the most guilty of this crime.  Society’s message that adulthood is independence has been heard, and so emerging adults have learned not to ask for help.  Most churches have strong support for children, adolescents, and older adulthood while emerging adults are a zone that no one is willing is to claim, and few are willing to enter.  (If your community is looking for how to start supporting Emerging Adults, click here!)

 4.  Lack of Responsibility – Will this decision negatively affect my other responsibilities?

Robbins says, “The prevalent belief is that twenty-somethings have it relatively easy because they do not have as many responsibilities as older individuals.  But it is precisely this reduced responsibility that renders the vast array of decisions more difficult to make.”  (Quarterlife Crisis)  When an individual becomes responsible for a spouse and children, he or she must consider how their decisions will affect their family.  For example, a young man may choose to move across the country tomorrow to go look for work by himself, but if he has a wife and child, such a decision seems unlikely.  As emerging adults delay marriage and parenting (for more click here), their lack of current responsibility leaves their options open and does not aid in the decision-making process.

5.  Lack of Experience – How did I make a decision like this before?

Many emerging adults lack experience at making decisions that count.  Afraid that their children will fail, many parents set close boundaries, and do not allow them to make decisions.  Making important decisions during adolescence is foundation for becoming autonomous (What is autonomy?).  Parents and institutions must allow adolescents and emerging adults to make even bad decisions, and allowing them to learn and grow through the process.

6.  Lack of Absolute Truth – What will happen if I do action A?

Many emerging adults are looking for certainty in a world that doesn’t promise it.  Doing A + B will not always produce results C.  Emerging adults understand their limited perspective, and that even the best decision, could bring forth unexpected results.  A lack of certainty causes emerging adults to delay or refuse to make a decision.

We must show emerging adults that their lives do not depend on one decision and its outcome, but that God works through each decision of our lives – good and bad.   As Christians, our certainty does not come from the outcome, but from the “God-of-all-Outcomes.”

Parents, emerging adults, and the Church must ask how we can come alongside young adults as they make decisions.

What have you done in order to equip your child, friend, or student to make decisions?

david in hat - blackDr. G. David Boyd is the Founder and Managing Director of EA Resources, a non-profit designed to equip parents and churches to minister to Emerging Adults.  If you would like David to help your community understand the needs of Emerging Adults, contact him at gdavid@earesources.org.

Your Black Friday Prayer

shoppingI have experienced Black Friday.  It began way before any human should be awake.  It began in a line that was so long that it wrapped around two sides of the store.  I wish that I could say that it got better.

I picked up the few items that I was buying, and then headed towards another extremely long line.  Two young women were in line right behind me.  One of them had a cart with various odds and ends, while the other was attempting to move a television box that was bigger than she was.  I couldn’t help but listen to their conversation.

“This television is such a great deal.”

“Yes, it is.”

Silence.

“What are you going to do with it?”

“I don’t know.”

“You already have one.”  Silence.    “You don’t have anywhere to put it.”

“But it is such a good deal.”

The conversation ended, but the point was so clear.  I actually hung around just to see what would happen.  In the end, the television won, and humanity lost another round to American consumerism.  As Black Friday approaches, many of you will brave the long lines, and mass chaos.  Here is a simple prayer that can help you come out on top.

 

Black Friday PrayerDear Lord,

You are Lord of all that I have – including my money.  Today, my shopping is under your control.  Help me to use discernment while using my money.  Help me to spend only what I have, that I might be free from the bondage of debt.  May I remember that your call to generosity extends beyond my family, but to the “least of these.”  May your Spirit guide me, and not greed.  May I not believe the lie that possessions will bring me or my family happiness.  May I not attempt to earn the love of others through gifts.

May my day be filled with your love, your joy, and your peace.

Always and forever yours,

 

 

 

Should young children be in church?

Worship with kidsOver the weekend, I went to church with my family.  A family sat behind us with a young child who definitely didn’t understand what it meant to sit and listen quietly.  While I found it occassionally distracting, my son just found it appalling.  He was upset that the young child kept kicking his chair and that the family did nothing about it.

After the service, I encouraged him to filled with grace for others because we often do not know what is going on within the lives of those we sit near.  I also tried to encourage him that Jesus took time to be with children, and that they have an important role in the body of Christ.

Often young children are not welcomed into our corporate worship gatherings.  As a parent of a toddler, people often do not want to sit near you, and give you shunning looks.  The only place worst is when you are walking them up an airplane aisle.

Welcome children into our community takes grace and an understanding of their importance to the body of Christ.  I found this picture online, and wanted to share it.