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[ Mon, Jan 06th 2025 ]: AOL
I asked a millennial, Gen Xer and baby boomer for their best money tips for young people today
[ Mon, Jan 06th 2025 ]: Law
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I asked a millennial, Gen Xer and baby boomer for their best money tips for young people today

To tap into generational wisdom, I asked millennial, Gen X and baby boomer financial experts about their early 20s and how the economic landscape resembled or differed from today's. I also asked, "If you were sitting across from a 20-something, what top money tips would you give?" Here's what they had to say.
The article from AOL Finance discusses the financial habits and perspectives of different generations, specifically focusing on how Millennials, Gen Xers, and Baby Boomers approach money management. It highlights that Millennials tend to prioritize experiences over material possessions, often embracing a minimalist lifestyle and using technology for financial management. Gen Xers, caught between caring for their children and aging parents, focus on saving for retirement while managing current expenses. Baby Boomers, nearing or in retirement, reflect on their financial decisions, often expressing regret over not saving enough earlier in life. The piece also touches on how each generation views debt, investments, and the importance of financial education, with insights suggesting that while each generation has unique challenges, there's a common thread of wishing they had started financial planning earlier.

Read the Full AOL Article at:
[ https://www.aol.com/finance/asked-millennial-gen-xer-baby-130100945.html ]