When we are young we feel invincible. We believe time is on our side and there is plenty of time to work out financial situations once we are older. However, this is rarely the case. Check out these millennial money mistakes that can hurt you financially in the long term.
One study has Millennials averaging a 625 credit score. That is not a great score and lower than any other generation. But this score can be raised with some simple financial advice we feature in our Millennial financial advice roundup.
Do you fit the Millennial Generation stereotypes that are proliferated? Probably not. This is not a one-size-fits-all generation any more than any other generation. Take a look at some of the surprising Millennial stats that illustrate this generation’s complexity and diversity.