Category Archive: Millennial Finances

Nov 16

Millennials struggling with student debt, uncertain economy – CBS News

Millennials struggling with student debt, uncertain economy Living with his parents in Verona, New Jersey is not what 23 year-old Anthony DeCandia envisioned after graduating from college last year. Anthony DeCandia CBS NEWS But then again, he didn’t envision being $80,000 in student debt either. “Obviously I love my family, I love the free food …

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Nov 10

Study Reveals How Much Millennials Are Willing to Spend on Travel | Travel + Leisure

Most Millennials Put Travel Above Buying a Home or Paying Off Debt by Talia Avakian November 9, 2016 Getty Images/Cultura Exclusive That’s according to a new study conducted by Airbnb. In a study looking at the priorities of millennials, travel came out as a higher priority than buying a home or car, or even paying …

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Apr 09

The Scary Truth About Millennials And Student Loan Debt – Forbes

When it comes to student loans, millennials are adopting a disturbing “out of sight, out of mind” attitude. New survey research from Citizens Bank shows that recent college grads either lack information or are choosing to remain willfully ignorant of the details surrounding their educational debt and how they’re repaying it. Want proof? • 45% of …

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Apr 07

Wage Growth Remains an Issue for Millennials – ValueWalk

I have one question for you: Where were you in 1973? I was 9 years old; my family had just moved from New Jersey to the swampy outback of southwestern Florida. It was the year my beloved New York Mets lost to the Oakland A’s in the World Series. The last American troops left Vietnam. …

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Apr 07

What Millennials Want

Advisors are scrambling to find ways to serve millennials, the youngest generation of workers. This cohort, comprising those age 15 to 34 and born between 1980 and 1999, number 87 million according to the U.S. Census. They now make up the nation’s largest generation ever, surpassing baby boomers. This year, millennials became the largest segment …

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Apr 04

Statewide view: Obamacare anything but affordable for millennials | Duluth News Tribune

How affordable is the Affordable Care Act, also known as Obamacare? One just needs to look at the state of Minnesota. The state’s health insurance marketplace illustrates some of the many pitfalls of the Affordable Care Act, which has been especially hard on millennials. Under provisions contained in the act, nearly every American is required …

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Apr 04

For millennials, apps provide the on-ramp to investing – StarTribune.com

For many young adults, easy-to-use applications on smartphones and tablets are a popular gateway to investing. Historically, there have been two major roadblocks to starting out with investments: the amount of time it takes to create a smart, safe portfolio and the cost to do it. Companies like Digit, Acorns and Stash are a part …

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Apr 04

Here’s why millennials aren’t investing

Nearly 80 percent of millennials are not invested in the stock market, according to a new Harris poll commissioned by investing app Stash. Why? More than 40 percent said they feel they don’t have enough money, 34 percent said they don’t know how, while 13 percent specifically blamed student debt. The survey — which polled …

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Mar 30

Millennials Choose Facebook For eProcurement | PYMNTS.com

The younger the procurement official, the more likely they are to migrate towards digital channels, like websites and social media platforms, to source goods and services for their companies. That’s according to new research from Sacunas, which found that a new generation of professionals is shaping the evolution of eProcurement. A survey released by the …

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Mar 24

What’s Holding Back Millennials From Homeownership? – theMReport.com

The millennial generation has been dubbed the generation that is not interested in purchasing a home, whether it be due to renting, living with their parents, or because they are saddled with student loan debt. On the surface, it would appear that millennials are not interested in becoming homeowners. According to an analysis from NerdWallet, the idea that …

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