Lifestyle

50% of millennials have left a job for mental-health reasons, a new study found — and it speaks to some of the biggest problems plaguing the entire generation

About half of millennials and 75% of Gen Zers have left a job because of mental-health reasons, a study conducted by Mind Share Partners, SAP, and Qualtrics and published in the Harvard Business Review found. Millennials have embraced therapy more than previous generations, destigmatizing mental health in the process. The […]
50% of millennials have left a job for mental-health reasons, a new study found — and it speaks to some of the biggest problems plaguing the entire generation
Lifestyle

The average American household size is on the rise for the first time in over a century, and it’s partly because millennials can’t afford to live by themselves

The average American household size has increased for the first time in more than 160 years, according to the Pew Research Centre. Pew researcher Richard Fry said the trend is related to an increase in both the number of multigenerational family households and the number of Americans living in shared […]
The average American household size is on the rise for the first time in over a century, and it’s partly because millennials can’t afford to live by themselves
Markets

9 mistakes parents make with 20-something kids living at home

Having your adult children move back is an opportunity to teach them about finances and help them build their post-grad life, says Shelly-Ann Eweka, a wealth management director at TIAA and financial planner. While at home, teaching your now-adult child about things like saving for retirement, emergencies, and their future […]
9 mistakes parents make with 20-something kids living at home
Lifestyle

35% of millennials say paying off their student debt is a more significant life milestone than buying a home or starting a family, new study shows

Thirty-five per cent of millennials say paying off student-loan debt would be their most significant life milestone, according to a SoFi survey. That’s more than the percentage of respondents who thought buying a home or starting a family, respectively, was the most important milestone. Millennials are going to extremes to […]
35% of millennials say paying off their student debt is a more significant life milestone than buying a home or starting a family, new study shows
Lifestyle

Millennials are taking to Twitter to roast their own retirement plans, which include hoping their kids become millionaires and buying oceanfront property once the sea levels rise

The hashtag #MillennialRetirementPlans was trending on Twitter this week. Millennials used the hashtag to jokingly ponder their financial future, questioning whether or not retirement is even plausible. While funny, the tweets shed light on how millennials feel about the widening generational wealth gap caused by astronomic student-loan debt and skyrocketing […]
Millennials are taking to Twitter to roast their own retirement plans, which include hoping their kids become millionaires and buying oceanfront property once the sea levels rise
Lifestyle

12 everyday things millennials don’t bother using anymore

Millennials don’t ring doorbells anymore – they text “here” instead. Smartphones have replaced alarm clocks, calculators, GPS devices, and paper maps. Millennials are also “killing” things like paper napkins and bar soap. Visit Insider’s homepage for more stories. The Pew Research Centre categorizes millennials as those born between 1981 and […]
12 everyday things millennials don’t bother using anymore
Lifestyle

Nearly half of millennials said the biggest mistake they made with student loans is thinking their starting salaries would cover their monthly payments, a new study shows

Nearly half of millennials say their biggest student loan mistake was overestimating the salary of their first post-college job and assuming they could afford monthly payments, according to a SoFi survey. The average millennial earns $US35,455. The average student-loan debt per 2018 graduate is $US29,800. A recent SuperMoney report found […]
Nearly half of millennials said the biggest mistake they made with student loans is thinking their starting salaries would cover their monthly payments, a new study shows
Strategy

Millennials say paying off student debt is as big a life milestone as marriage or a first house — and these are all the extravagant ways they’re celebrating

As the nation’s total student debt surpasses $US1.5 trillion, many millennials have delayed buying a house or getting married to pay off their loans. Yet some Americans are turning the moment they pay off loans as a milestone in itself. Viral music videos, parties, and other celebrations depict people celebrating […]
Millennials say paying off student debt is as big a life milestone as marriage or a first house — and these are all the extravagant ways they’re celebrating
Lifestyle

Millennials might finally be ready to buy houses — but it’s causing home prices to rise and creating a vicious cycle for a generation that’s already financially behind

More millennials are looking at buying houses, but it’s causing home prices to rise, reported Diana Olick for CNBC, citing a new CoreLogic report. There’s already a limited supply of starter homes on the market, and this spike in demand is exacerbating the problem. It’s a vicious cycle for millennials, […]
Millennials might finally be ready to buy houses — but it’s causing home prices to rise and creating a vicious cycle for a generation that’s already financially behind
Lifestyle

There’s a new type of traveller dishing out thousands of dollars for high-end safaris. The business director of a Botswana-based company says it’s all because of the millennial tech boom.

A managing director of a luxury safari company says he’s seen their clientele become younger and more diverse in the past 14 years thanks to the “millennial tech boom.” It’s no longer only 60-year-old CEOs who can afford to go on a luxury safari, says Chris Roche, the managing director […]
There’s a new type of traveller dishing out thousands of dollars for high-end safaris. The business director of a Botswana-based company says it’s all because of the millennial tech boom.
Lifestyle

The suburban mansion may be losing its spot as part of the American Dream, and it highlights just how different millennials’ and baby boomers’ worlds are

Millennials are now at prime homebuying age – and a real-estate market with a surplus of mansions indicates the generation just isn’t interested in big homes. Millennials have different homebuying priorities than baby boomers: The younger generation prefers convenience and quality over size. But the trend isn’t just rooted in […]
The suburban mansion may be losing its spot as part of the American Dream, and it highlights just how different millennials’ and baby boomers’ worlds are
Lifestyle

The wealth gap between generations in the US has nearly doubled in the past 20 years — and the Great Recession, an unaffordable housing market, and astronomic student-loan debt are to blame

Millennials earn 20% less than baby boomers did at their age, according to a new report by New America. A MagnifyMoney study from earlier this year found the wealth gap between generations in the US has nearly doubled in the past 20 years The study found that millennials have seen […]
The wealth gap between generations in the US has nearly doubled in the past 20 years — and the Great Recession, an unaffordable housing market, and astronomic student-loan debt are to blame
Lifestyle

Lisbon is the hottest travel destination for millennials in 2019. We asked 20-somethings for their best travel tips — from fairy-tale castles to buzzing nightlife, here’s what they said.

Lisbon, Portugal, is the most popular travel destination for millennials, according to travel-planning site müvTravel. Millennials love Lisbon for its architecture and neighbourhoods that charm by day and buzz at night. Located on the coast, Lisbon is also in proximity to beaches and resort towns for a day trip. Visit […]
Lisbon is the hottest travel destination for millennials in 2019. We asked 20-somethings for their best travel tips — from fairy-tale castles to buzzing nightlife, here’s what they said.
Markets

Forget San Francisco and New York — millennials prefer these 9 smaller cities with ‘extremely low home prices’ and robust local economies

High-earning millennials are flocking to smaller US cities to put down roots, according to a new Realtor.com report ranking the hottest ZIP codes in America. Buyers are attracted to these markets largely because of their affordable home prices and proximity to big cities. Midwestern cities dominate the list, including Grand […]
Forget San Francisco and New York — millennials prefer these 9 smaller cities with ‘extremely low home prices’ and robust local economies
Lifestyle

Millennials are turning to Netflix to cope with burnout, and it highlights the similarities between technology addiction and food cravings

Millennials are using Netflix and TV to cope with burnout, according to a recent survey by YellowBrick, a treatment center for young adults. They’re turning to technology to distance themselves from being constantly connected – a relationship they need to learn to navigate, psychologist Dr. Leora Trub told Business Insider. […]
Millennials are turning to Netflix to cope with burnout, and it highlights the similarities between technology addiction and food cravings
Lifestyle

How teen friendships shape your mental health as a young adult

Young adults who felt more connected at home and school as teens are less likely to experience mental health problems and risks, according to a new study. Research shows that having a strong network can shape our behaviour and career success, boosting happiness and health. Relationships are important to foster, […]
How teen friendships shape your mental health as a young adult
Lifestyle

Meet the average American millennial, who has an $8,000 net worth, is delaying life milestones because of student-loan debt, and still relies on parents for money

The average American millennial is financially behind, thanks to student debt, cost of living, and the financial crisis. While the recession split millennials into two groups, they collectively deal with a host of financial struggles unfamiliar to previous generations. Meet the average American millennial, who delays life milestones, has a […]
Meet the average American millennial, who has an $8,000 net worth, is delaying life milestones because of student-loan debt, and still relies on parents for money
Lifestyle

Luxury restaurants and high-end apartment buildings are using the same strategy to draw in wealthy parents — and it makes total sense

Luxury restaurants are entertaining kids with scavenger hunts and movie screenings so parents can enjoy their dining experience, reported Alina Dizik for The Wall Street Journal. Millennial parents are strongly influenced by their kids’ requests, and restaurateurs are seizing the opportunity. Luxury apartment developers are also catering to kids by […]
Luxury restaurants and high-end apartment buildings are using the same strategy to draw in wealthy parents — and it makes total sense
Lifestyle

Starter homes are becoming a battleground between millennials looking for their first house and investors swooping in with all-cash offers — and there’s a pretty clear winner

Real-estate investors are purchasing 20% of the starter homes on the market, reported Ben Casselman and Conor Dougherty for The New York Times. They’re outbidding other buyers by paying in cash, and some are buying houses before they have even been put on the public market. It’s tough competition for […]
Starter homes are becoming a battleground between millennials looking for their first house and investors swooping in with all-cash offers — and there’s a pretty clear winner
Markets

9 mind-blowing facts about the millennial housing market

For millennials, the housing market looks a lot different than it did for their parents and grandparents. Rising housing costs and mounting student debt have led millennials to buy different types of homes in different types of locations than their parents did. Millennials are buying under different circumstances, too, often […]
9 mind-blowing facts about the millennial housing market
Lifestyle

8 ways millennial parents are using their kids as status symbols

Some wealthy millennials are using their kids as status symbols. Raising a child is already an expensive endeavour, costing six figures around the world. On top of that, the elite have been known to buy their children pricey accessories, invest in high-end childcare and education, and give them unique names. […]
8 ways millennial parents are using their kids as status symbols
Lifestyle

The top 25 states rich millennials are moving to

Rich American millennials are making moves. SmartAsset recently ranked the top states rich millennials are moving to. As it turns out, rich millennials are heading west and south. Visit Business Insider’s homepage for more stories. Rich millennials are on the move. SmartAsset recently used IRS data from the 2017 to […]
The top 25 states rich millennials are moving to
Strategy

From hair salons to bars, here are 30 industries dominated by millennials

Millennials make up an outsized share of the workforce in industries ranging from hair salons to bars and restaurants. Using individual-level Census data, we found the millennial-aged percentage of the workforce in over 250 industries. Visit Business Insider’s homepage for more stories. Millennials make up an outsized share of the […]
From hair salons to bars, here are 30 industries dominated by millennials
Lifestyle

Millennials are spending less money on alcohol than previous generations. Now, brands are marketing their booze as ‘wellness’ drinks in a desperate bid to capture the market.

Millennials spend less money on alcohol than previous generations, according to a Nerdwallet analysis of a 2017 Bureau of Labour Statistics’ Consumer Expenditure Survey. In an attempt to win millennials over, some brands are marketing their alcohol as wellness drinks, from “wellness beers” meant for athletes to paleo-friendly and keto-friendly […]
Millennials are spending less money on alcohol than previous generations. Now, brands are marketing their booze as ‘wellness’ drinks in a desperate bid to capture the market.
Lifestyle

American millennials have an average net worth of $8,000 — and it’s part of a bigger financial problem the generation is facing

American millennials have an average net worth of less than $US8,000, according to a new Deloitte Study. This puts millennials financially behind other generations at their age. Increasing living costs and staggering debt, including student loans, make it difficult for millennials to save money. Visit Business Insider’s homepage for more […]
American millennials have an average net worth of $8,000 — and it’s part of a bigger financial problem the generation is facing
Markets

Robinhood users have been scooping up Tesla’s plunging stock

Robinhood users have been adding Tesla to their holdins despite an extremely difficult time for the electric-car maker, according to data from the Robinhood trading app. The number of accounts holding Tesla shares on the app increased even as analysts and shareholders have been questioning demand prospects for the company’s […]
Robinhood users have been scooping up Tesla’s plunging stock
Strategy

Why are millennials abandoning divorce? Sex, money, and their parents

Millennials are driving a declining divorce rate, reported Hannah Smothers for Cosmopolitan. Often children of divorce themselves, many millennials fear breakups – so they’re taking more time to find the right partner and get their financial act together first. More millennials are also signing prenups as part of their attempt […]
Why are millennials abandoning divorce? Sex, money, and their parents
Markets

6 financial problems plaguing millennials through no fault of their own

Millennials and their finances aren’t in hot shape, according to several results from an INSIDER and Morning Consult survey. They’re delaying homeownership, aren’t saving enough, and are suffering from student loan debt. But this financial instability isn’t millennials‘ fault – it’s a consequence of the economic situations that have been […]
6 financial problems plaguing millennials through no fault of their own
Lifestyle

Millennials have less money than any other generation did at their age — but you’d never guess it from the way they’re flaunting their money on dating apps

Millennials are less wealthy than previous generations were at their age. But that hasn’t stopped millennials from showing off their wealth and status on dating apps like Hinge, Tinder, and Bumble, according to Jeanette Settembre of MarketWatch. Flaunting this lifestyle can backfire and reduce their chances of getting a date, […]
Millennials have less money than any other generation did at their age — but you’d never guess it from the way they’re flaunting their money on dating apps
Markets

Markets Insider is looking for a panel of millennial investors

Markets Insider is seeking younger investors to join its millennial investment panel. If you are active in the markets and want to help us better understand the trends of younger investors, this panel is for you. You can expect to receive a survey every now and again to gauge your […]
Markets Insider is looking for a panel of millennial investors
Lifestyle

Justin Bieber and Hailey Baldwin are tying the knot for a second time — and they’re just one of many younger couples dropping serious cash on multiple wedding ceremonies and breaking marriage traditions

Justin Bieber and Hailey Baldwin are having a second wedding in South Carolina,Vulture reports. More couples are having multiple wedding ceremonies, reported Jessica Schiffer for The New York Times. These ceremonies cost $US50,000 on average but can exceed $US100,000, according to Schiffer. Multiple wedding ceremonies are one way couples today […]
Justin Bieber and Hailey Baldwin are tying the knot for a second time — and they’re just one of many younger couples dropping serious cash on multiple wedding ceremonies and breaking marriage traditions
Lifestyle

A developer in Canada is offering a year’s worth of free avocado toast to anyone who buys a $300,000 condo, and it shows just how outrageous the ‘amenities war’ is getting

New homeowners who purchase a condo with Canadian developer Woodbridge Homes will receive a year’s supply of avocado toast, Vice reports. The condos – known as the Kira project – begin at nearly $US400,000 ($300,000 USD) for a one-bedroom unit, but go as high as $US650,000 ($480,000 USD) for a […]
A developer in Canada is offering a year’s worth of free avocado toast to anyone who buys a $300,000 condo, and it shows just how outrageous the ‘amenities war’ is getting
Markets

Robinhood says 420,000 users own the marijuana stock Aurora Cannabis

Aurora Cannabis remains the preferred cannabis stock of millennial investors, according to data provided by the free trading app Robinhood. The company stock was held by over 420,000 accounts, more any other stock on Robinhood’s platform. Watch Aurora Cannabis trade live. Aurora Cannabis has extend its three-month streak as the […]
Robinhood says 420,000 users own the marijuana stock Aurora Cannabis
Lifestyle

American millennials have less money than other generations did at their age — but studies show an alarming amount of them have delusional ideas about their wealth

Many American millennials think they will be millionaires by middle age and have a generally positive view about their finances, according to several studies. However, research shows a different reality: Millennials are behind financially. Millennials got a slow start to building wealth because of the Great Recession, and a rising […]
American millennials have less money than other generations did at their age — but studies show an alarming amount of them have delusional ideas about their wealth
Markets

Millennials are worried that a stock-market crash could derail the US economy

Millennials are more worried than older Americans about stock-market volatility impacting the US economy according to a new study. Older Americans are more concerned that terrorism and economic risks outside the US could cause a slowdown. Read more stories at MarketsInsider.com US millennials are more worried about a stock-market decline […]
Millennials are worried that a stock-market crash could derail the US economy
Lifestyle

Vancouver homeowners are rushing to fill their empty mansions to avoid a new tax law — and college kids are snapping them up for dirt cheap

College kids are renting mansions in Vancouver for cheap, reported Natalie Wong and Natalie Obiko Pearson of Bloomberg. Mansion owners in Vancouver are trying to rent their empty homes to avoid new taxes that have been implemented to bring expensive housing prices down. Vancouver is heading for a “bumpy landing,” […]
Vancouver homeowners are rushing to fill their empty mansions to avoid a new tax law — and college kids are snapping them up for dirt cheap