Money Management For Millennials

by Digitalknowledge in Finance on May 25, 2022

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Money Management For Millennials. When it comes to learning about money management, millennials are forging their own path for many reasons, the most important of which is that things are completely different than they were in the past. In reality, millennials face entirely different financial issues than previous generations.

Individuals born between 1981 and 1997 are classified as Millennials, also known as Generation Y. This is the largest generation ever. Less than forty percent of the population identifies as non-Hispanic white. They are more likely to marry later in life, and they prefer to reside in urban as opposed to rural areas. In addition, they are less interested in material possessions than their elder counterparts. However, this may be due to their financial difficulties.