New blood: how millennials are managing their money

Millennials
RS_New_Blood

Millennials make up the largest generation in history, eclipsing the baby boomers by over 15 million, and they’re starting to move into their prime spending years. Traditionally, investing has been reserved for the older generations and exclusive to those with more capital, however, we found that millennials have begun their own investment journey, with 44% of those ages 16-34 looking to invest or save their funding.  

 

Millennials are the first digital natives, they’re accustomed to using innovative technology on a daily basis, making them perfect to spearhead the tech advancements in financial services. 

 

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