I think you hang out with losers that derive their sense of self-worth from their personal (or mommy and daddy's) spending power. Maybe instead of extrapolating big picture conclusions from your anecdotal evidence, you should expand your horizons, get out there, and experience more life.

Also, saying "this generation" on the internet is a bit like saying "look over there" without pointing in a direction.. We can infer that you're talking about one of the younger three generations, but without context, your whole argument is muddied and pointless. It's pedantic, I know, but if you're gonna dole out criticisms on a whole generation universally, it's only fair you get some in return.