Why Millennials Have Less Money Than Their Parents

Season 4 Episode 49 Some interesting research revealed that the millennial generation has less money saved up than the previous two generations at this stage of their lives (according to Pew Research Center, median net worth of households headed by Millennials is about $12,500 compared to $20,700 for households headed by Boomers the same age in 1983). What’s causing this and what can be done about it to alter this trend? That and listener questions in this episode of Wise Money! Have a question for the show? Call or text 574-222-2000 or leave a comment! Find more information about the Wise Money Show™ at www.WiseMoneyRadio.com  Be sure to stay up to date by following us! Facebook - https://www.facebook.com/WiseMoneyShow  Twitter - https://twitter.com/WiseMoneyShow  Instagram - https://www.instagram.com/wisemoneyshow/  Want more Wise Money™? Read our blog! https://www.korhorn.com/wise-money-blog  Watch the guys in studio on YouTube: https://www.youtube.com/c/WiseMoneyShow Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow  Now on Spotify - Search Wise Money Show Thank you to our sponsors:  First State Bank - https://www.bfirst.bank/personal  South Bank Legal - https://southbank.legal/  Inspired Homes - https://inspiredhomes.com/  Bethel University Adult & Graduate Studies - https://www.betheluniversity.edu/academics/adult-degrees