Most millennials and Gen Z define financial success the same way — and it has nothing to do with being rich
|04/24/2019||Posted by BusinessMediaguide.Com under General World News||
- Only 19% of millennials and Gen Z define financial success as being rich, according to a recent Merrill Lynch Wealth Management report — most define it as being debt-free.
- According to the report, early adult households collectively hold nearly $2 trillion of debt, mainly credit card debt and student loan debt.
- Student loan debt has caused them to delay homeownership and parenthood and put them behind in retirement savings.
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Some people might equate financial success with how rich they read more >>>