Studies and personal experience show that millennials, our children’s generation, are concentrating less on collecting and maintaining objects and more focused on experiences. This newest generation of young adults are putting off big purchases such as homes and cars, and are more apt to spend larger amounts on travel, fine dining, and learning how to do new activities.
This means it may be a good time for you to have a discussion with your own millennial(s) about the things you have always planned to hand down to them. Do they want Grandma’s china? Will they have a place for the antique dresser from Aunt Tilda? Most likely, they don’t and they won’t. The upcoming holidays are a great opportunity to have this discussion.
So, if you’re not holding on to those items for your children, are they still valuable to you? Many millennials are living compact urban lives, they have their own aesthetic sensibility, and they’re cataloging their memories digitally. Typically millennial children don’t want their parent’s treasures.
Do your kids a favor. Let the purge begin.
Here’s an article in the Chicago Tribune relating to this topic: See: http://www.chicagotribune.com/business/chi-millennials-nix-parents-treasures-20150328-story.html#page=1