Today's millennials are facing different challenges that their parents never encountered. For millennials today, student loan debt and rising urban costs are causing a new focus on simplifying life. It's not just the focus on frugality that's changing the way millennials live, however. Many are seeking convenience and a the asset-lite lifestyle because Today's millennials are facing different challenges that their parents never encountered. For millennials today, student loan debt and rising urban costs are causing a new focus on simplifying life. It's not just the focus on frugality that's changing the way millennials live, however. Many are seeking convenience and a the asset-lite lifestyle because