A lot might think that millennials only invest on high-end gadgets, fancy clothes, and the like. People get the notion that millennials are only digital-oriented, though it is not completely wrong. But what you might not know is that millennials feel really responsible about their environment.
“Living experiences, rather than consuming or accumulating goods, helps them connect better with their friends, communities and people around the world”
CBCN’s article focused on “profit-seeking through investment and global responsibility” of millennials. Millennials truly tend to worry about the environment. They would buy highly sustainable products despite its cost because they consider the environment as a very important factor when deciding what to purchase.
Take for example the cosmetics. Ask a millennial why would they go for cruelty-free makeup and one would say that aside from bringing no harm to their skin, no animals were harmed in the process of creating the product.
When buying a car, most millennials would actually consider the gasoline it consumes, whether it would consume too much and would bring harm to the environment rather than the sleekest vehicle with poor gasoline performance.
Because millennials grow up in a world where global warming has completely flourished, millennials tend to think that they are responsible for the damages of the earth therefore, becoming cautious of what they would want to invest. Millennials would want a change and would want to be the change.
You may be interested
Job Hiring is Picking Up as Employers and Consumers Gain ConfidenceLamont J - March 29, 2021
The recent government stimulus for small and medium-sized businesses, personal stimulus checks, and declining Coronavirus cases, are all great news…
Fed Could Maintain 0% Interest Rate Until 2024Adam R - March 26, 2021
The Federal Reserve is holding its target interest rate in a range of 0.00% - 0.25%, even while the economy…