Connect with us

Hi, what are you looking for?


Why Millennials Shouldn’t Take Financial Advice From Mom & Dad

By Lou Carlozo, Yahoo Finance

Where college-age millennials once leaned on parents for everything from spending cash to laundry help, they’ve graduated to a new facet of dependence that’s just coming out in the wash: financial advice.

Two new surveys, one by Fidelity Investments and the other by TIAA-CREF, both released this fall, reveal that millennials seek out their parents more than anyone else for financial guidance. In Fidelity’s “Millennial Money Study,” which surveyed 152 adults ages 25 to 34, 33 percent of millennials identified parents as their top choice for trusted money advice.

Get the full story here.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

1 hour ago
Is CO2 Removal the Next Tech Frontier? -
3 hours ago
Going Green – Small Steps for Small Businesses -

You May Also Like


What is the gap between culture and technology? According to Damas, entertainers have passions that brands and companies may not be aware of, and...

2016 president election

In a political climate dominated by a two-party system, Libertarians are constantly confused as off-brand Republicans. Although the two groups sometimes align on issues,...


And the winner is (drumroll please): Holland, Michigan! Never heard of it? Well, it’s a four-hour drive from Milwaukee, and it is populated by...

How To

We’ve all seen the satirizing of those surgery-room procedures where a comedian, dressed up like a surgeon, accidentally snips a vein (or whatever) and...

Copyright © 2020 GenBiz. GenBiz is owned and operated by GenBiz Inc. a 501(c)(3) non-profit organization.