Kids Today Just Don’t Want to Save Money!
Buy a house, young’uns! “A lot of folks said that millennials would go off and just rent,” said Jonathan Corr, chief executive of Ellie Mae in Pleasanton, Calif. “But as they hit those life-event years in terms of getting married, having children, they’re starting to make that transition.” That doesn’t mean they’re ready to sign a check. Millennials in about half of large metropolitan areas are underestimating how much they’ll need for a down payment on their first home and are not saving at a fast enough pace. I see “incredibly screwed by the service/gig/contract economy and paying too much … Continue reading Kids Today Just Don’t Want to Save Money!
