Reported 3 days ago
Baby boomers and millennials exhibit contrasting financial habits influenced by different economic environments. Boomers, benefiting from stable jobs and affordable housing, prioritize retirement savings and manage debt wisely, while millennials navigate student loans and higher costs. This article outlines seven effective financial strategies from boomers that millennials can adopt, including prioritizing retirement savings, maximizing employer matches, staying in jobs longer, managing credit card debt, diversifying investments, buying homes, and being more frugal with food expenses.
Source: YAHOO