Photo courtesy of Kyle Taylor
Maybe you imagine most members of the millennial generation are troubled by student loan debt. But that’s not the full story. According to Bankrate’s Financial Security Index survey for March, millennials generally feel more comfortable with their finances than other adults.
“Their hesitancy toward debt, tendency to save, and the savings starting from a smaller base — all help to reveal consistent signs of improvement toward a greater level of financial security,” Bankrate’s Chief Financial Analyst Greg McBride, CFA, says.
Bankrate asked personal finance bloggers in their 20s and 30s about their own financial situations. Check out what they say.
RATE SEARCH: Get comfortable with your finances today. Open a high-yield savings account.