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I sorta agree and disagee, but agree mostly with VYberlina. I think cost of living vs income has ratio has not changed significantly when I was growing up mobiles werent around, well sort of, so my expenditure on phones was zero, now every kid above 14 has one, some of these kids are on $60...

I can definitely say we are living in the "ME ME ME" generation, the amount of parents say 35 and under who justify what I call as poor judgements on behalf of raising their kids eg giving them a budget of $1000 for christmas presents per kid or a kid having a PS3, XBOX 360, 1 DS, a PSP and a...