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Nov 12, 2014
Bad news for all of you millennials: saving isn’t one of your strong suits. According to a recent study done by Moody’s Analytics, the savings rate of people 35 and younger has dipped into the negative. This means that the millennials are spending more than they have. Yikes!
Despite the fact that the job market is on the rise, millennials are still having a tough time making ends meet. This could be due to the fact that wages have remained nearly the same since the 1990’s. There’s also the fact that many millennials are suffering under a boatload of student...