Challenge expectations and assumptions about millennials

How do we perceive millennials, and what do we expect of their financial behaviors?

Do you know the habits of “The Average 29-Year-Old”? Your expectations may not meet reality for many millennials.

“The impression of young people in the U.S. today is warped,” says The Atlantic. “In trend pieces, the word millennial has become shorthand for ‘a college-educated young person living in a city.’”

However, this assessment is not exactly true.

Most born from the early 80s and late 90s are not college grads, do not live in a metropolitan area, and “generally hate being called ‘millennials’”.

Rather, the average 29-year-old has taken some college, held a variety of jobs, and is not as apt to be married as their parents were at 29.

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