Financially It Ain't All Bad for Millennials, Is It?


Financially It Ain't All Bad for Millennials, Is It?

Feb, 17th 2017

Bad news about millennials and their money abounds.

Dogged for being less likely to pay their own rent and health insurance premiums — much less contribute to a retirement plan — millennials appear to be on shaky financial ground compared to previous generations, according to a 2016 Bank of America/USA Today report.

Saddled with student debt, they also make 20% less money than their baby boomer parents did at the same age, according to a Young Invincibles report on Federal Reserve data.

Sure, it is true: The Great Recession seismically changed how millennials save, 

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