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Search resuls for: "Tara Unverzagt"


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It makes sense then that just 36.5% of adults say they feel they're better off financially than their parents, according to CNBC's International Your Money Financial Security Survey conducted by SurveyMonkey. A greater share — 42.8% — say they're worse off than their parents, while the remaining 20.7% say they're faring about the same. Here are three ways younger generations are financially worse off than their older counterparts. More equality Younger generations have navigated adulthood with more freedoms than a lot of their parents may have had. Gender and racial pay gaps, along with other barriers to wealth-building, certainly still affect Gen X and millennials.
Persons: they're, Gen, Xers, Clever, Gen X, Tara Unverzagt, I'm, millennials, Louis Fed, Unverzagt Organizations: Financial Security, SurveyMonkey, Education Data Initiative, CNBC, Pew Research Locations: U.S
Student loan borrowers are younger, more impulsive and less financially secure than the rest of the U.S., a recent study from UBS found. Additionally, student loan borrowers earn less money on average, are younger and skew slightly female, UBS found. Impulsive spending could be hurting your financial goalsThe majority of student loan borrowers — 62% — follow a similar philosophy when it comes to spending, UBS found: "Live for today because tomorrow is so uncertain." The share of all adults who have more than six months' worth of expenses saved — about 34% — is more than double the share of student loan borrowers who say they have as much. Of course, student loan borrowers also have less money to work with, since a portion of their income goes to loans each month.
Persons: , Tara Unverzagt, Unverzagt Organizations: UBS, , CNBC Locations: U.S
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