18-02-2016 13:00 via feeds.theguardian.com

Why millennials are prioritizing short-term spending over long-term saving

A new survey points to a big problem: student debt, rent, health insurance and attending friends’ weddings are preventing young people from saving upLet’s call it the millennial paradox. You’re in your 20s, and suddenly, you’re actually making money. The problem is that something or someone is after every single dollar. You need to pay off your student loans; you need to cover your living costs. You need to save for the short term – the next vacation; an emergency f
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