Millennials have felt more financial strain than any other generation since the Great Depression. Despite a decade of economic growth and decreasing unemployment, Americans born between 1981 and 1996 have less wealth and property, lower marriage rates, and fewer children, according to new data. “Their economic fundamentals are fundamentally different,” Christopher Kurz, an economist at […]
The Retirement Crisis: The Elderly are Broke…
A study released by GoBankingRates reveals that older people planning their retirement have cause for concern. Forty-two percent of Americans are facing their golden years with less than $10,000 in savings. A lack of savings and planning has reduced what should be an enjoyable time in seniors’ lives to a period of stress and worries […]
Baby Boomers Borrowed $100BN in Student Loans for Their Children and Now Defaults Are Soaring…
America’s snowflake millennials aren’t used to being told ‘no’, especially by their parents. Perhaps that’s why, as we pointed out a few days ago, more millennials than ever are now living at home with mom and roughly one quarter of them don’t even both to enroll in classes and/or find a job. But, when it […]
New Snowflake Study Proves Kanye Right: “That Major That She Majored In Don’t Make No Money”…
A few days ago we noted that a record number of millennials are now graduating college and promptly moving back home with mom and dad. Adding insult to injury, at least for mom and dad anyway, roughly one-quarter of those millennials living in the proverbial basement are unemployed can’t be bothered with the hassle of […]