No surprise here: 41% of 18-to-34-year-olds recently polled by Bank of America and USA Today claim to be “chronically stressed,” when it comes to money. The effects of the recession, immense college debt, and many opting for low paying jobs are likely sources of that stress. This fact coupled with the statistic that only 17% say they have expertise in personal finance could indicate a grim financial future. Millennials, however, stay optimistic: 80% polled believe they will be better off than their parents in the future. (Financial Buzz)
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