New data claims the generation is wealthier than previously thought.
But why doesn’t it feel that way?
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You’ve probably heard the jabs about being a millennial.
Over the years, weve been called everything from lazy, entitled snowflakes to avocado toast-eating spendthrifts.
As a result, some of us took lower paying jobs, which had long-term effects on our finances.
Indeed, the stereotype of the broke millennial has largely been true.
But new data suggests a different narrative, one that claims the generation has money after all.
The data makes it sound like millennials are thriving, so why doesnt it feel that way?
Home values appreciated tremendously during this time.
Thats been the case for Melissa Bell, a 34-year-old who lives in Orlando, Florida.
On paper, her net worth increased substantially but that doesnt necessarily make her feel financially secure.
At this point, the house is our retirement plan.
The top 10 percent of millennials hold close to 70 percent of the generations wealth.
Meanwhile, the bottom 50 percent of millennials hold less than 2 percent.
Just like the rest of America, the wealth gap among millennials runs along racial lines.
She lives at home with her parents to save money.
The top 10 percent of millennials hold close to 70 percent of the generations wealth.
Meanwhile, the bottom 50 percent of millennials hold less than 2 percent.
So are millennials really better off than their parents?
The thing is: It’s complicated.
Its also important to remember that numbers dont always tell the whole story.
But would I do it again?
The late pope spared no expense when it came to treating the infant prince in 2014.
Skip the shampoos, glosses, and treatments.
