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Trends and Factors Affecting Generational Financial Trauma
The financial experiences people have early on, whether positive or negative, shape their relationships with money for life. They can affect how people handle paycheck deposits, savings accounts, bills, and credit cards well into adulthood.
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Should I Be Paying Bills With a Credit Card?
There may be times when you’re pondering whether or not you should pay your bills with a credit card—like, for example, when you’re low on funds but still have room on your card. Or maybe your credit card offers additional rewards points or cash back for eligible purchases of internet, cable, satellite TV, and mobile phone services, and you want to maximize that.
How Millennials and Gen Z Handle Their Money
Since these generations are firmly in adulthood and making grand financial decisions, it is important to understand their money management habits, as it will allow for better predictions of financial trends. An understanding of these trends can benefit individuals, businesses, and even government bodies.
This material is for informational purposes only and is not intended to replace the advice of a qualified tax advisor, attorney or financial advisor. Readers should consult with their own tax advisor, attorney or financial advisor with regard to their personal situations.