You or your parents: Who's better off?

When it comes to housing, education and income, you have it a lot easier in some ways than your parents. But Mom and Dad trump you in others.

By Jeanne Sahadi, CNNMoney.com senior writer
November 27 2006: 11:04 AM EST

NEW YORK (CNNMoney.com) -- If you're knee-deep in mid-life and busting your hump to make a living and support a family (or just yourself), it's tempting to think that it was easier for your parents to make it.

Are you better (or worse) off than your parents?

After all, they had kids, bought a house, worked and sent you to college. But they mostly survived on one income.

You may be doing the same things as they did but more likely on two incomes and it can still feel like a struggle.

But it wasn't all financial easy street 30 years ago, and generationally speaking, there are a lot more opportunities available to a greater number of people today than during the days of leisure suits and gas lines.

Here are just a few of the ways you're better off -- and worse off -- than your parents. Top of page
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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.
© 2012 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Ad choices .