- Jun 25 2019
Gen Z and Millennials are in agreement: they’re worried about the future, and believe this is the biggest problem they face right now… Our recent survey on Gen Z and Millennials’ views on the country…
- Apr 24 2019
Do Millennials really have no savings? Here’s the truth about how much the generation has put aside—if anything at all—in two charts… Millennials’ financial woes make headlines regularly—and some of the claims are downright frightening.…
- Feb 26 2019
Teen spending is being modernized. When parents don’t carry cash, but their kids aren’t old enough for their own debit cards, fintech solutions are coming to the rescue… Let’s face it—Gen Z hasn’t grown up…
- Jan 02 2019
From job benefits to game shows, some Millennials are looking for creative ways to tackle their student debt burden… Millennials’ financial setbacks are nothing new. According to Politico, the demographic is “behind in almost every…
- Oct 03 2018
Millennials’ finances are often scrutinized, and they have faced an uphill battle as a generation. But what do they think has been their biggest financial mistake? Millennials’ uphill financial battles have been well-documented. According to reporting…
- Aug 20 2019
Gen Z is taking on debt, on purpose.
Gen Z is taking on debt, on purpose. TransUnion reports that the percentage of those born after 1995 with a credit card balance has jumped 41% year-over-year to 7.75 million in total. Millennials and Gen X have stabilized when it comes to getting their first active credit card, with the numbers only rising 5% and 3% to 38.29 and 38.27, respectively. And all groups have similar rates of card delinquencies. Only 5% of U.S. credit card users are Gen Z, but as more of the demo ages into eligibility, that number is expected to rise. (USA Today)
- Jul 30 2019
Three in ten Millennials say their lack of financial stability is part of the reason they’re still single.
Three in ten Millennials say their lack of financial stability is part of the reason they’re still single. The debt-ridden generation has been held back from many major life milestones by their bank accounts, and Match.com’s latest survey suggests they’re delaying romantic relationships too. In fact, Match.com found that 21% of those born between 1981 and 1996 believe they need to attain a certain income before even trying to be in a relationship, compared to 14% of overall singles. (USA Today)
- Jul 19 2019
“Coffee-shaming” has become financial gurus’ go-to Millennial insult.
“Coffee-shaming” has become financial gurus’ go-to Millennial insult. Blaming the generation’s financial woes on purchasing expensive to-go coffee has become a norm, but while it’s true they’re drinking more java outside the home, their debt-ridden bottom lines are much more complicated than that. Instead, many may want to point their fingers at frappes because they represent a cultural divide between generations: as Millennials delay buying a home and having children, they’re more likely to live in a city where they’d rather frequent a coffee shop than brew beans for one. (The Atlantic)
- Nov 06 2018
Companies are gamifying retirement planning for Millennial employees.
Companies are gamifying retirement planning for Millennial employees. In our Topline Report on the topic, 18-36-year-olds said that starting to save too late or not saving enough is one of their biggest financial mistakes, but most also told us they want to learn more about their finances. In response, TIAA’s finance and savings digital games encourage employees to compete to rise up the ranks while Prudential’s Procrastinator Quiz cracks down on why players aren’t investing or saving, and Voya Financial has quizzes, tools, and even a “virtual game board.” (NYT)
- Sep 24 2018