You Searched For "millennial financial behavior" and got 20 results
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2 mins read
Millennials led the 2020 housing boom, but it wasn't enough to catch up to boomers
Millennials are still catching up: 42% of millennials are homeowners at age 30, compared to 51% of …
Hillary Hoffower
3 mins read
The millennial wealth gap is growing as some flock to buy houses and others give up on homeownership entirely
More millennials became homeowners in 2020 than any other generation. At the same time, more millen…
Hillary Hoffower
3 mins read
Saving for retirement before age 40 could make you miserable
Young adults could be making a mistake in saving for retirement early, says new research - if you'r…
Hillary Hoffower
1 min read
Millennials are staring down their second recession — we want to find the financial planners helping them make the best of a crippling economy
Millennials were already financially behind due to the Great Recession and student loan debt. The p…
Hillary Hoffower
2 mins read
5 driving forces behind the millennial-boomer generational wealth gap
A Deutsche Bank Research report said boomers have gotten lucky in five areas, such as low interest …
Hillary Hoffower
2 mins read
Millennials dominate the US workforce, but they're still 10 times poorer than boomers
Millennials have 4.6% of US wealth, while boomers have 53%, but millennials are the largest segment…
Hillary Hoffower
9 mins read
Inside wealthy kids' weird, pricey pandemic purchases, from $1,000 Patagonia fleeces to a $31.8 million T. rex
Affluent millennials and Gen Zers have taken up quirky hobbies and investments to stave off boredom…
Dominic-Madori Davis,Hillary …
13 mins read
MASTER YOUR MONEY: How the American millennial is overcoming debt, the dollar, and the economy they were handed
Millennials are facing an affordability crisis fueled by student debt, the Great Recession, and inf…
Hillary Hoffower
4 mins read
Organization guru Marie Kondo says the best way to tidy up your finances is to imagine your ideal lifestyle
Marie Kondo talks her new online course, the art of tidying your finances, and how money sparks joy…
Hillary Hoffower
2 mins read
Henrys — millennials who earn 6 figures but still feel broke — were forced into better money habits during lockdown, but they're facing a new challenge as businesses reopen: resisting their old lifestyle
"Henrys" are typically 30-something millennials who earn over $100,000. Without travel or entertain…
Hillary Hoffower
2 mins read
Nearly half of millennials say they're still crippled by the Great Recession, and it explains why they have less wealth than other generations
Millennials were more likely than other generations to feel the lingering effects of the financial …
Hillary Hoffower
1 min read
3 people at 3 different stages of saving explain how they're working toward their big financial goals
When you develop a plan to work toward a big financial goal, there are plenty of variables to keep …
Jacqui Kenyon
5 mins read
Why you feel so miserable about life and money right now
Rising prices, shortages, work, childcare, and canceled vacations: Everything sucks, and Americans …
Hillary Hoffower
3 mins read
3 steps a millennial couple took to pay off $118,000 of student-loan debt in just one year
A millennial couple, inspired by financial guru Dave Ramsey's 'gazelle intensity' method, sold thei…
Hillary Hoffower
1 min read
Meet post-pandemic Gen Z, the most unemployed generation which is now in danger of repeating millennials' struggles
The generation, the oldest of whom turned 23 this year, has been grappling with the pandemic during…
Hillary Hoffower
3 mins read
Why Gen Zers and millennials are looking for second jobs
Roughly half of of Gen Zers and millennials live paycheck to paycheck, according to a new Deloitte …
Josée Rose
3 mins read
2 smart pieces of money advice for Gen Z to avoid the financial fate of the last generation, according to a financial advisor for wealthy millennials
Members of Gen Z need to focus on increasing their value to potential employers and slashing spendi…
Hillary Hoffower
3 mins read
Wealthy teens are ruining thrifting for the rest of Gen Z
Thrifting is booming thanks to Gen Zers searching for sustainable, Y2K clothes. But wealthy Gen Zer…
Hillary Hoffower
5 mins read
The pandemic took the homebody economy mainstream - and it's here to stay
From home improvement to at-home hobbies, Americans aren't giving up homebody buying. It's set to j…
Hillary Hoffower
2 mins read
The pandemic reshaped Americans' definition of wealthy
Americans now believe it takes $1.9 million to be considered wealthy, according to a Charles Schwab…