Millennials face financial challenges and opportunities in today's society.
Millennials , as you’ve have probably heard, have gotten pretty screwed. By some accounts, we’re the most educated generation in American history, but also underwater with educational debt. We haven’t amassed the kind of wealth our parents had at our age, and it’s unclear whether we’ll ever catch up.
We’ve been slower to purchase homes in part because Baby Boomers won’t sell theirs, and so we’re throwing our hard-earned cash away on skyrocketing rents, which in turn puts saving for a 20% down payment further out of reach. We’re so financially stressed that we can’t afford to have kids, and by staying childless we’re breaking our Boomer parents’ hearts. I wrote an entire book on the plight of Millennials, on the many advantages Boomers enjoyed and then hoarded for themselves, and what Boomers and Millennials alike don’t understand about each other. There is much doom and gloom to be found in nearly all of the reporting about Millennial life, and things aren’t looking much better for Gen Z and younger generations. But there are also tremendous opportunitie
Millennials Generation Debt Wealth Housing Financial Stress Opportunities
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