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)
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