The Trend of Financial Literacy Among Millennials

The Trend of Financial Literacy Among Millennials

Abstract

According to a PricewaterhouseCoopers (PwC) survey of 5,500 millennials, all born between the early 1980s and mid-1990s, only 24 percent of respondents demonstrated adequate financial knowledge.

Almost 30 percent of millennials have overdrawn their checking accounts, demonstrating financial fragility, and more than 80 percent have one or more forms of long-term debt.

Key aspects

Financial Literacy

Full content of the publication

Tags

Financial literacy

Authors

MaryVille University

Additional Information

Date published

01/10/2021

Document Type

Informe

Geographies

Global

Target

General

Pages

6

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