I'm a millenial I suppose (born in 85), but I am an "old soul." So, I was working a full time job and bought a condo before the "great recession:" In fact, it hit just when I did both.
So, I lost more than half of my home's value, which is $70K. I owned a business for four years that never was able to make money for me until the end, in which marital and family reasons led me to dissolving it. I had college debt from my masters degree, but I lived very frugally and worked 7 days a week and paid it off within a year.
My wife had a full scholarship, and so when we were married she had no debt, and we paid off the house within a year, and bought a house for her family in her country another year later. After doing all of this, it was time to start saving for retirement, but at that point I was 29 years old.
So, God has been good to us, but we're not on pace to be upper middle class, which in my mind would constitute owning a home that can fit more than one child. And, I know, the only way we can afford more than one child is if we both work, something I would prefer not to be the case when we have children by God's grace.
Soon, I'll be starting a job with the government, so hopefully I will work 30 years and have a pension, so that in addition to retirement savings will pay our bills. We won't be rich. I feel screwed like a Gen Xer per se. Lost a ton on my home, got caught up in a career from a bad economy that I did not want (automotive repair) that did not pay enough for all the time I put into work and my education, and got a late start saving for retirement.
However, I have to give thanks to Christ that I have been provided throughout all of this and I have more than I need by a longshot. God has enabled my wife and I to be a blessing to others, and ultimately our security comes from Him and not our decisions.
I will therefore seek to honor God in my work, my savings, my spending, and decisions. I leave to God the consequences and ask for His grace in being better in how I conduct myself in the meantime.