Our guest on today’s episode of the Consumerism Commentary Podcast is Kimberly Palmer, senior editor at U.S. News & World Report and author of the upcoming book, Generation Earn: The Young Professional’s Guide to Spending, Investing, and Giving Back.
Our podcast producer and host, Tom Dziubek, speaks with Kimberly about the typical Generation Y consumer, their personal finance tendencies and ways that retailers can more effectively reach them in the marketplace.
Also, thanks to everyone who helped The Consumerism Commentary Podcast win the First Annual Plutus Award for Best Personal Finance Podcast! We couldn’t have done it without you!
Generation Y Consumers, Kimberly Palmer
Production/Segment: S03E03 / 73
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Table of contents
[00:00] Introduction from Flexo
[00:39] Interview with Kimberly Palmer
— [00:56] Defining “Generation Y”
— [01:41] How Gen Y differs from other generations
— [04:08] Financial goals and concerns
— [05:26] The recession’s impact
— [09:25] Gen Y’s handling of personal finances
— [10:49] The type of consumer that Gen Y is
— [12:31] Retailers’ success marketing to Gen Y
— [13:26] Investing tendencies
— [14:39] Customer service vs. saving money
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Updated June 24, 2016 and originally published May 9, 2010.