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Millennials believe hard work and limited spending are the keys to financial success

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  • Millennials believe hard work and limited spending are the keys to financial success

    The workforce's newest generation is sharing striking similarities to those who came of age during the Great Depression.

    If millennials don't break out of this frugal state of mind, the trend could create challenges for the stock market and retail spending.

    Recent data suggest millennials—born between the early 1980s and mid-1990s—are succumbing to the pressures of the uncertain economy by being more conservative with their money and more proactive with their careers than previous generations...



  • #2
    Originally posted by jeffrey View Post
    The workforce's newest generation is sharing striking similarities to those who came of age during the Great Depression.

    If millennials don't break out of this frugal state of mind, the trend could create challenges for the stock market and retail spending.

    Recent data suggest millennials—born between the early 1980s and mid-1990s—are succumbing to the pressures of the uncertain economy by being more conservative with their money and more proactive with their careers than previous generations...


    http://www.cnbc.com/id/101386458
    That's great to hear. Imagine that - hard work and careful spending. Why didn't I think of that? Oh wait, I did.
    Steve

    * Despite the high cost of living, it remains very popular.
    * Why should I pay for my daughter's education when she already knows everything?
    * There are no shortcuts to anywhere worth going.

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    • #3
      ::gasp:: What a sensational & revolutionary idea!

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