News

5 driving forces behind the millennial-boomer generational wealth gap

Millennials’ slow financial progress isn’t just because of The Great Recession. A new Deutsche Bank Research report said boomers got lucky in five areas millennials haven’t: low interest rates, urbanisation, pollution, cohort size, and education. These external forces have created a vast generational wealth gap. Visit Business Insider’s homepage for […]
5 driving forces behind the millennial-boomer generational wealth gap
Markets

New research found that millennials and Gen Z are more likely to take an interest in their finances, thanks in part to the ‘gamification’ of budgeting apps

Research from UBank has found COVID has shifted the way Australians look at budgeting, particularly millennials and Gen Z. It found that 68% of millennials have a budget, compared to 58% of Gen Xers and 55% of Gen Zers. UBank CEO Philippa Watson attributed this budget-savvy attitude to the gamification […]
New research found that millennials and Gen Z are more likely to take an interest in their finances, thanks in part to the ‘gamification’ of budgeting apps
Strategy

The 10 best cities for baby boomers who aren’t retiring early

The past several years reveal a clear trend: More Americans are delaying retirement to later in life. Some 40% of workers think they won’t be able to retire until at least age 70, according to a 2017 Career Builder survey. Financial marketing website Coventry Direct collected data on dozens of […]
The 10 best cities for baby boomers who aren’t retiring early
Lifestyle

From Gen Z spring breakers to toilet paper-hoarding boomers, the coronavirus pandemic is a case study in generational differences. Here’s how each generation is dealing with it.

Coronavirus high-risk groups, life stages, and generational identity have shaped different responses to the coronavirus pandemic among the biggest generations. Because those over 60 are at greater risk of becoming seriously ill, Gen Z has been ignoring coronavirus warnings on spring break and millennials are worried about their parents. Gen […]
From Gen Z spring breakers to toilet paper-hoarding boomers, the coronavirus pandemic is a case study in generational differences. Here’s how each generation is dealing with it.
Lifestyle

‘Don’t you love us?’ Millennials say their parents are making them feel guilty for turning down invitations to come over for Passover and Easter

Some millennials are refusing to visit their parents for Passover and Easter in order to continue to protect them from the novel coronavirus. But some parents see the decision as extreme and even selfish, causing rifts in families when they’re supposed to come together. The conflict is especially tough because […]
‘Don’t you love us?’ Millennials say their parents are making them feel guilty for turning down invitations to come over for Passover and Easter
Lifestyle

The coronavirus has intensified the generational divide between millennials and boomers. Here are 5 ways they’re dealing with the pandemic differently.

Millennials and baby boomers are handling the coronavirus pandemic in very different ways. Millennials are more stressed and staying indoors, trying to save money and make memes. Many baby boomers are trying to leave their homes to panic buy toilet paper and socialise with friends. Visit Business Insider’s homepage for […]
The coronavirus has intensified the generational divide between millennials and boomers. Here are 5 ways they’re dealing with the pandemic differently.
Lifestyle

Millennials and baby boomers keep blaming each other for not handling the coronavirus pandemic correctly, and they both have a point

The coronavirus pandemic is further dividing millennials and baby boomers. Baby boomers are calling out the youth for travelling and going on spring break. Meanwhile, millennials are frustrated they can’t get their boomer parents to stay inside. Visit Business Insider’s homepage for more stories. There’s been a lot of generational […]
Millennials and baby boomers keep blaming each other for not handling the coronavirus pandemic correctly, and they both have a point