Back in 2016, Martha Stewart made headlines when she took a shot at millennials calling them lazy and saying that they lack initiative. In the interview with Luxury Listings NYC magazine, the domestic diva said that while the outlook might be grim, younger people need to learn the value of hard work.
"I think every business is trying to target millennials. but who are millennials?" 74 year old Stewart said. "Now we are finding out that they are living with their parents. They don't have the initiative to go out and find a little apartment and grow a tomato plant on the terrace."
The financial intelligence company surveyed 364 single, working, child-free millennials to find out what sacrifices in their personal lives they would be willing to make for their careers. The results contradict Stewart's assessment.
According to the report, 41 percent would end a relationship in exchange for a "life-changing" promotion. They would also put off entering into a long-term relationship for 11 years, delay getting engaged for seven, and wait 8 years to have children (whether they were married or not).
So if you are dating a millennial, then you should be aware that the promise of a big raise could cause him to leave you in the dust. The Comet study says that a $36,000-$37,000 raise would be enough to delay a serious relationship or end one altogether.
Moreover, an increase in salary of $64,000 or more could mean that marriage and having children may not be in the cards for years to come.
The good news is that if you are already married to a millennial, your spouse is probably already inclined to support you in your career progression.
Reportedly, 86 percent of millennials would move with you if you are offered a better job in another city, 79 percent would go with you to another state, and 59 percent would tag along for an opportunity out of the country.
Contrary to Martha Stewart's assessment, millennials are serious about their financial stability. Living rent-free with your parents doesn't sound so bad when you have a boatload of student loans to pay off. Sorry, Martha. Those little apartments don't cost what they used to, either.