Staying in the Basement: The Spending & Borrowing of the Millennials and the Slight Edge For a parent, the only thing worse than a grown child leaving home is a grown child not leaving home. It’s natural that children, once matured, leave the nest to build nests of their own. Today’s economic conditions, however, have kept many young adults living at home well into their … [Read more...]
6 Tips For Millennials Looking to Master Their Personal Finances
The mortarboards have been flung, tassels are hanging from rearview mirrors and a new group of college graduates are staying up until 3 a.m. submitting their resumes to every job opening they can find on the worldwide web. It isn’t just the angst of entering the workforce and desperately seeking employment that keeps young millennials up late at night. The idea of getting … [Read more...]
Five Money Tips For Pessimistic Millennials
Millennials are still largely living with their parents, according to Pew Research Center study released Wednesday, July 29, 2015. (AP Photo) Pilar Belendez-DeSha was trying to figure out her next move. When the financial crisis hit in 2008, she was getting her geography degree at the University of Kentucky, but she did not have a plan. “All the jobs I was looking at paid … [Read more...]
10 Things Millennials Won’t Spend Money On
By 2017, millennials will have more buying power than any other generation. But so far, they're not spending like their parents did. Millennials are often maligned for their lack of financial literacy, but there is one money skill the younger generation has in spades: saving. After growing up during the Great Recession, millennials want to keep every cent they can. (If you … [Read more...]
Infographic: How Your Generation Influences the Way You Travel
Where millennials, boomers and Gen X will vacation this summer Spring and early summer's resurgence of life also heralds the return of the travel bug. Summer holidays and school vacation send affluent families across the U.S. to far-flung destinations both domestic and international. But generational differences play a key role in how consumers travel. A study by … [Read more...]