06-06-2019 16:35

Generation Debt: Shock Data Expose How Broke Millennials Really Are

By CCN: Piles of student debt, an underperforming job market, and a rising cost of living are pushing millennials’ average net worth down, and down fast. According to an eye-opening Deloitte study on consumer behavior: “Millennials are dramatically financially worse off than previous cohorts with a 34 percent decrease in their net worth since 1996.” Because of this lower economic status, millennials are waiting until later in life to accomplish what was once the great, American
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