‘Gen X more likely to indulge in risk behaviour than Gen Y’

Melbourne: A new research has indicated that Generation Xs are more likely to indulge in risky behaviour than the irresponsible Generation Ys.

A national survey of 1,100 people by life insurance consumer awareness campaign Lifewise also found Generation Ys were more financially cautious than the previous generation. Demographers define Generation X as being born in the period 1962-81, Generation Y from 1982-2000. Victorian Generation Xs are more likely than Generation Ys to smoke (26 per cent compared with 21 per cent), have unprotected sex with a stranger (40 per cent compared with 30 per cent) and drive while drunk (41 per cent compared with 32 per cent). Both groups are more likely to have been involved in these activities if they live in regional Victoria rather than in Melbourne. Victorian Generation Ys are also better at saving and spending within their means: 54 per cent of Generation Xs admit having accrued debts of more than 5000 dollars, compared with 31 per cent of Gen Ys. Lifewise co-ordinator Holly Dorber said the research showed Generation Xs were also just as likely as Gen Ys to live at home. "We can see that there is a disconnect between the typical stereotypes," News.com.au quoted Dorber as saying. "Generation Ys are taking more responsibility for their actions,” Dorber added. ANI