Millennials (born between 1981 and 1996) are in worse financial condition than any previous living generation, according to data published by the Wall Street Journal last month. Although highly educated, they are staying in school longer, making harmful personal financial choices, and taking longer to start families. The true cost of these decisions is starting to be recognized.
Men and women in their 30s are not only having fewer children, they are also marrying later—or not at all. Millennials are marrying less than any previous generation. Many blame their financial condition for the lack of impetus to get married.
The Trumpet
Bloomberg
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