Millennials seem more prepared
than any other generation for retirement, as a majority of millennials with a retirement account started their savings at the age of 24.
They are more likely to use
cards than other generations, open to new payment possibilities such as mobile wallets, and are concerned about budgeting and debt.
Now is the perfect time to work with these younger buyers, especially considering that, for the third year in a row, millennials are buying more
homes than the other generations.
One in three singles have had sex before a first date, and single millennials are 48 % more likely to have had sex before a first
date than all other generations.
Millennials are known to be more
upfront than other generations about sharing their financial status with others, whether it's student loan debt, credit scores or salaries.
Many people enjoy the easy home life that comes with renting property, and the millennial generation has waited
longer than any other generation to become first time home buyers.
While millennials tend to be associated with freelance work more
so than other generations, only 42 percent of millennials were open to freelancing as a flexible work arrangement.
Solar has surpassed a variety of milestones — for example, utility scale solar is growing at a rate
faster than other generation technologies, wind and solar provided over 10 % of U.S. power in March, and utility scale solar has already broke the $ 1 / watt pricing goal set up by the U.S. DOE.
The generation that is quickly occupying the majority of business leadership roles is one that's grown up playing video games, spends the most time shopping online, and uses social media more
habitually than any other generation.
For one, the millennial generation, including those with higher net worth, hold significantly more
cash than any other generation, according to a report by UBS issued in the first quarter of 2015.
More Millennials, which include those born roughly between 1980 and the mid-2000s, are attending college and earning postsecondary
degrees than any other generation of young adults.
While only 32 percent said they're now earning as much as they need (far
lower than the other generations), 53 percent said they will earn enough to meet their financial needs in the future (which is far higher).
Representing more
workers than any other generation in today's workforce (and an increasing percentage of your customer base, as well), they deserve a little respect.
«Though budgeting can seem overwhelming, Millennials have the luxury of time to develop a strategy and more
resources than any other generation to better manage their money and achieve their financial goals.»
John Martin, CEO of The Boomer Project, says that boomers lead more
households than any other generation, and now they're at the helm, often reluctantly, of more multigenerational households than ever before.