America’s youngest consumer segment is coming into its own and making a big impact on the economy the in the U.S. As Millennials graduate from college with record student loan debt and move into a tough job market, they’re facing some unique financial challenges not seen by previous generations and they’re taking action in new ways that shirk financial traditions in favor of what works. We’ve gathered the latest financial news for Millennials so you can make smart financial choices to ensure lasting stability.
Nov 18, 2016 | April Lewis-Parks
When it comes to love and money, financial challenges can definitely derail a happy relationship. Here’s how to have a happy financial life together.
Nov 09, 2016 | Meghan Alard
We look at which generation has the most credit card debt and explain why no matter how old or young you are, there’s no reason to carry a credit card balance.
Oct 03, 2016 | Meghan Alard
A new credit card offers big rewards in exchange for a whopping $450 annual fee. We explain how to weigh the benefits of a credit card versus its cost.
Aug 22, 2016 | Michael Koretzky
Just the act of checking your credit score makes you more aware of where you stand so you know what you need to do to achieve good credit.
Aug 10, 2016 | Michael Koretzky
If you fear outliving your money, you’re not alone. But while this is many people’s biggest fear, few are saving effectively to meet retirement goals.
Aug 03, 2016 | Meghan Alard
Providing financial support to adult children delays the retirement goals of parents. We have tips to help Millennials transition to financial independence.
Family, Young Consumers
Jul 29, 2016 | Meghan Alard
A low credit score may not be as much of a roadblock to buying a home as you might think. A good credit building strategy can get you there within the year.
Credit Score, Homebuyers
Jul 01, 2016 | Michael Koretzky
The average Millennial plans to retire by age 62, but 91 percent don’t even have a retirement plan, let alone the right savings and investment tools.
Retirement, Young Consumers
Jun 27, 2016 | Michael Koretzky
People thought America’s youngest consumer segment had an aversion to credit cards, but new data shows they’re just as likely to carry balances over.
Credit Cards, Young Consumers
Jun 23, 2016 | April Lewis-Parks
More Americans are saving up to make a 6-month financial safety net they really need for effective emergency savings. We have some advice for the rest.