Millenials and Their Risky Financial Behaviors
20-Something? Know or related to one? This short article should be required reading for those in college or recently graduated.
Only 58% of students from four-year institutions say they feel prepared to manage their money. Three out of five don’t use budgets. 17% say they don’t even manage their money; their parents do it for them. 16% say they lived paycheck to paycheck, and yet only three-quarters stop spending when their bank account balances were low.
@Michael KitcesTags: Education, Personal Savings