The 5 Most Frightening Millennial Finance Trends
Mad About Money|July 2017

The advancement of technology has immensely affected the global investment market in the last forty years. While the progression of technology was slower in the early part, globalization soon followed and technological interventions in the investment market grew at a faster rate. Those born in the eighties and nineties are the ones strangely witnessed this strong change and gradually developed certain habits which combined both their inclinations towards the age-old financial practices and their new-age learning. With time this gave way to certain financial trends which are frightening yet is the realistic picture of how the current generation thinks and does to their money.

The 5 Most Frightening Millennial Finance Trends

1. LACK OF INVESTMENT IN RETIREMENT SCHEMES

More than 40 percent of the youth currently working in the mainstream financial sector are least inclined to investment in Retirement schemes. Experts are of the opinion that a youth looking towards a prospectus career usually becomes entangled in student loans at a young age. Hence the tendency to accumulate money for the future specially through a retirement plan is somewhere very bleak.

2. HIGH CREDIT CARD LOANS

هذه القصة مأخوذة من طبعة July 2017 من Mad About Money.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة July 2017 من Mad About Money.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

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