Unless you’ve been hiding under a rock, you’ve probably seen some of the news reports and studies out there saying how behind Millennials are when it comes to major life milestones. We’re getting married later (the average age of first marriage in the United States is 27 for women and 29 for men, up from 23 for women and 26 for men in 1990 and 20 and 22 (!) in 1960); we’re buying homes later (the average age of first time home buyers is now 31, meaning that many Millennials rent for almost a decade!); and we’re having kids later (a record-high of 26 years old, on average, for first time moms).
But one way we are on track? The way we treat our money.
Yep, that’s right! We are a financially savvy generation, people! And according to a recent survey by Capital One, we are taking charge of our financial lives more than ever. Think you might still have some work to do? Check back on Wednesday, December 16th for an exclusive quiz to find out if you have your financial you-know-what together.
Y’all are leading the way in the money department, and I couldn’t be more proud!