Spreading the truth. Empowering the people.
Millennials are now considered “generation broke” with their insurmountable student debts, near-record auto loans, high credit card balances with rates at two-decade highs, and limited savings. Many are stuck in … Read more
by DCG I don’t know why I do this to myself. Sometimes I get on Twitter and peruse the tweets of Bernie Sanders supporters. It’s hysterical at first, then dumbfounding … Read more
Are millennials a lost generation financially? t.co/5kOPr06Pz0 pic.twitter.com/UK9JcAji4J — St. Louis Fed (@stlouisfed) December 17, 2019 Great Recession and Younger Families First, the Great Recession was devastating to many families, … Read more
from Zero Hedge More so than with Gen X and the Baby Boomers, housing has become indelibly tied up with the millennial identity. That’s largely because economic hardship – or at … Read more
Millennials are facing a shortfall compared to other generations when it comes to their paychecks. Overall, millennials earn 20% less than baby boomers did at the same stage of life, … Read more
by visualcapitalist It’s long been said that millennials have the power to disrupt and reshape entire industries. Most recently, this effect has been seen in the retail landscape, where millennial spending … Read more
by John Mauldin Social Security is a textbook illustration of how government programs go off the rails. It had a noble goal: to help elderly and disabled Americans, who can’t work, maintain … Read more
by FS A recent NerdWallet survey found that 82% of millennials say purchasing a home is a priority. A LendEDU survey found that number to be even higher at 89% of millennials wishing to … Read more
By Rodney Johnson A couple of weeks ago, I wrote about the tribulations associated with selling a home. We were in the thick of inspections, appraisals, etc. As we sold our … Read more
via Zerohedge: As we pointed out yesterday, migration from Hong Kong to Taiwan has surged this year – but not solely because the streets of Hong Kong have been clogged with … Read more
Via ZeroHedge A staggering 22% of millennials (aged 23 – 38) surveyed by YouGov say they have no friends, while less than 1/3 say they have at least 10 friends. Meanwhile 30% of … Read more
via Lloyd Marcus Here is an excerpt from an email from a misinformed white millennial: Mr Marcus, as a black man, if you don’t agree in part with Mr. Kaepernick, I … Read more
From Fox Business: Millennials get a bad rep sometimes, often being told they are difficult to manage and even entitled. Now, a new guilt-ridden study says nearly half of millennials still get … Read more
After 30-plus years in her career, Donna is counting down the months until retirement. She gleefully shares with me everything she has planned for when she can do whatever she … Read more
Each generation gets unfairly judged for whatever reason. Supposedly, Baby Boomers were a bunch of hippies, and Gen X gets called slackers. The harsh stereotype attached to millennials is … Read more
by Daisy Luther via The Organic Prepper Everyone picks on Millennials these days but a new study by Lending Tree shows that out of all the generations, Gen X is the one dealing with the … Read more