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Financial Wellness and Millennials: Hard Times Yield Important Lessons
(By – Kent E. Allison, Huffington Post)
We all know by now that millennials are different. Not different in a bad way, just different. So it is no surprise that when it comes to managing their personal finances, millennials are taking a different path than the generations before them. Until recently, Baby Boomers and older Gen Xers generally stuck to the straight and narrow and reaped good results: work hard, buy a home, invest in the stock market, and then retire on your pension, savings and Social Security. This worked well for most of their careers, as they rode a wave of stock and housing appreciation. Read more…