A lot of the Boomerisms about hard work, saving money, and living within your means are actually great pieces of advice. It’s just common sense, and you see guys like Caleb Hammer re-articulating it for a younger audience which is a good thing. Every generation should be taught how to balance a budget and save up for important life moments like buying a house or getting married. But the reason it gets dunked on so much online is because this advice often ignores the current macro picture. Asset price inflation has priced millions out of the housing market. The average age of a home buyer has skyrocketed. The car market is out of control. Even used cars now routinely cost over $20,000. The stock market is now in mega bubble territory. Consumer spending is increasingly geared towards the top 10% of household wealth. I can go on with more examples, but we increasingly live in a K shaped economy that has left half of the country feeling hopeless about their person financial situation and their future. Understanding where people are and why they feel so pessimistic about the economy despite record stock prices is essential if we want to set our fellow countrymen up for success in the future. There is a time and place to tell someone to build a monthly budget, but this advice will never be taken to heart unless the person you’re talking to knows you care about them and understands the unique economic challenges we’re living through.