jimmie lenz

Millennials $1 trillion in debt, but saving more

New findings from the New York Federal Reserve reveal that millennials have now racked up over US$1 trillion of debt. This troubling amount of debt, an increase of over 22 percent in just five years, is more than any other generation in history. This situation may leave you wondering how millennials ended up in such a sorry state. As important as the debt is how…