- Sep 10 2019
Many young consumers are worried they’ll never reach their financial goals—and these are their biggest economic worries right now…
- 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
Parents that want grandbabies are funding their debt-ridden Millennial children’s IVF.
Parents that want grandbabies are funding their debt-ridden Millennial children’s IVF.While Millennials are often shamed for waiting longer to have kids, financial security caused by student debt and other financial stressors are making them wait—and those that need fertility services are set back even further. Startups are cropping up to cater to this need and offer flexible payment options. Future Family offers the “Grandbaby Plan,” a loan that hopeful grandparents can take out on their children’s behalf. (Fast Company)
- May 28 2019
It’s prom season, and our latest infographic snapshot dives into where teens are shopping, how much they plan to spend, and the trends they’re making the new norm… We are in the midst of prom…
- Mar 11 2019
They’re definitely not the norm, but these unexpected wedding trends gaining traction with young couples may surprise you… The wedding industry is getting Millennialized, with 40% of 18-36-year-olds already married and 41% telling us they’ll be…
- Nov 26 2018
Millennials have grown up, and they’re taking over the suburbs.
Millennials have grown up, and they’re taking over the suburbs. Ernst & Young found that 38% of 20-36-year-olds live in the suburbs, 1% more than live in cities. Among homeowners, the divide grows, with 41% living in the suburbs compared to 31% in cities, 16% in small towns, and just 11% in rural towns. Affordability is most likely “a significant factor;” high student debt and real estate prices drive young people to urban-adjacent suburbs that let them “afford the richness of city living (including employment opportunities) at maybe lower home prices.” (CNBC)
- Jul 23 2018
Nearly 70% of Millennial homeowners regret buying their house.
Nearly 70% of Millennial homeowners regret buying their house. Bank of the West also found that about 40% think they made the wrong financial choices when buying a house, with one-third saying they “dipped into their retirement accounts.” Financial regrets aside, nearly one in five 21-35-year-old homeowners think they picked the wrong home, with some realizing it’s not the right fit for their family or discovering unexpected damages. (CNBC)
- Jun 19 2018
Millennials are powering the trends that are changing wedding traditions, forcing long-time industry giants to rethink their methods, and creating opportunities for more up-to-date startups… They might be built on tradition, but weddings are swiftly…