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Millennials and money: The state of their financial management in a Fintech world

Autor: Financial Market
Timp de citit: < 1 minute

Financial literacy is positively linked to financial outcomes, and as such, it is essential if individuals are to thrive in today’s society. Millennials are making financial decisions that will likely shape the future of the economy for the next 30 years, and they are doing so in an increasingly complex financial landscape.

Millenials (individuals age 18–37 in 2018) are the largest, most highly educated, and most diverse generation in history. Well-designed workplace financial wellness education programs can serve as catalysts for increasing financial literacy among millennials. A financially strong and healthy workforce provides the foundation for empowered communities and economic growth.