Millennials and Credit Life: The Price of Status and Financial Risks According to data from Wells Fargo, 30% of millennials take out loans to keep up with status and impress others. Social media, the availability of credit tools, and a changed attitude ...

The younger generation known as "Generation Y" is poised to radically change the investment landscape and the personal finance industry as a whole. These millennials, whose childhood spanned the early years of this century, are now entering the financial world with new perspectives and innovative approaches. The young generation, often referred to as "Generation Y," has the potential to fundamentally ...

... been the stocks of companies that have plummeted due to the pandemic crisis, such as GameStop, AMC, Nokia, and BlackBerry. It is important to note that these brands hold significant nostalgic value for those who grew up in the 1980s and 1990s (i.e., millennials). Financial giants on Wall Street have bet on further declines of these stocks to turn a profit. Millennials from Reddit witnessed the financial crisis of 2008/2009 and are now experiencing once again how corporations attempt to benefit from ...

... lead to a significant decrease in the standard of living for both partners. Why is Inflationship Gaining Popularity? Inflation and increasing living costs have significantly impacted the financial independence of young individuals. Generation Z and millennials face a myriad of economic challenges: High Rent and Housing Prices In major metropolitan areas, the cost of renting an apartment has escalated to such an extent that many young people find themselves seeking roommates or partners for cohabitation....