Millennials and Personal Finance
Millennials are considered to be individuals born between 1981 and 1996. By 2025, they are expected to make up 75% of the global workforce. Millennials will soon be the largest living generation in the United States labour force. Consequently, how they think, and what they do are already impacting societies, businesses and general markets. As wealth management professionals, it is imperative that we consider the financial impact of this age group. The objective of the article is to present an analysis of the personal finances of Millennials.