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The Last Word With Matt Cooper

Should Millennials Be Given €10,000 When They Reach 25?

Millennials are often referred to as the 'snowflake generation' and are caricatured as people who ha...
TodayFM
TodayFM

5:53 PM - 9 May 2018



The Last Word With Matt Cooper

Should Millennials Be Given €10,000 When They Reach 25?

TodayFM
TodayFM

5:53 PM - 9 May 2018

Listen to this episode



Millennials are often referred to as the 'snowflake generation' and are caricatured as people who have it easy.

But Charlie Weston, personal finance editor with the Irish Independent, thinks they are actually the generation who have it toughest.

Many millennials are not getting pensionable, permanent jobs, are on on lower wages and paying higher rent, and can't afford to save for a deposit on a house.

In Britain, independent think tank the Resolution Foundation has suggested that there should be a citizen's dividend for millennials, whereby they would be given £10,000 when they reach the age of 25.

Is it a good idea, and would it work here in Ireland?

Charlie gave his thoughts on the issue.

To catch the full chat press the play button on the image on the top of the screen


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