"There's no way around it: The average American millennial is financially behind.
Faced with a high cost of living, staggering student-loan debt, and the fallout of the Great Recession, American millennials are trying to make ends meet in the midst of The Great American Affordability Crisis."
* Meet the average American millennial, who's a parent and homeowner with a net worth of $128,000 and hoping for student-debt relief
"Millennials are growing up.
The oldest of the generation, which includes anyone born between 1981 and 1996, is now past the age of 40. In recent years, many have checked off major life milestones including buying a home and having children, and some could even be on the verge of a midlife crisis. (...)
Despite these obstacles, the average millennial is faring better financially than they have in the past. And while some of this may simply be a byproduct of getting older — people tend to earn more over the course of their careers — some experts have argued that even compared to past generations, millennials are doing pretty well financially these days."
[ed. Those millennials are sure amazing. They've turned it all around in just three years! Both articles from Business Insider - March, 2020 and May, 2023. (h/t via: Twitter)]
