Millennials are going to friends and family for money advice. 

Millennials are going to friends and family for money advice. COVID has forced many young people to make financial adjustments, and according to a survey from Business Insider, half of 21-38-year-olds have gone to friends, family, or significant others for financial advice—regardless of how much they earn. The second most-popular source among this group is the internet, with financial advisors only coming in third. However, they are aware that their friends or family might not be the best source: Only 29% reported finding friends, family, and partners to be trustworthy. (Business Insider)