All posts filed under: forbes

Article Review: Millennials: The Money-Conscious Generation?

Originally posted on Discover the MAC:
Yes! Yes! And again I’ll say Yesssss! Forbes hit the nail on the head with this one and I appreciate the solid representation of my financial habits as a millennial. If I can take a moment to acknowledge this awesome statement by Emily Pachuta, head of investor insights at UBS: “They have a Depression-era mindset largely because they experienced market volatility and job security issues very early in their careers, or watched their parents experience them, and it has had a significant impact on their attitudes and behaviors.” She simply gets it. As a millennial, I need society, companies, family, friends and whoever else to understand that there are so many forces at play influencing how my generation operates – and financial habits are of no exception. While yes we want to live life to the fullest with no regrets, it doesn’t change the reality of massive student loan debt, the pressure to save for retirement (since social security won’t be an option ), and even the basic desire of wanting…