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How Millennials Save Differently from Their Parents

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Millennials (born from 1981-1996) receive unending financial advice from their parents in different stages of their lives.  From the moment they bring home their first salary to the day of their marriage and the birth of their first child; Gen X parents are always concerned about the financial security of their offspring.  In their days, Gex X (born from 1965-1980) saved their money by investing in real estates, gold deposits, and post-office schemes, even cute piggy banks were their quick saving option.  Similar to their parents, millennials are also good at saving money. This report by Bank of America says… Continue Reading…

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