Lifestyle

Millennials are staring down their second recession — we want to find the financial planners helping them make the best of a crippling economy

Millennials have limped from one recession to the next, with no shortage of financial challenges. Business Insider is putting together a list of financial planners who work with millennials. We want to hear from you about the best financial planners helping millennials sort out their money. Please submit your nominations […]
Millennials are staring down their second recession — we want to find the financial planners helping them make the best of a crippling economy
Lifestyle

How an econ student built the ‘Rich Kids of Instagram’ account, where the offspring of billionaires have to pay up to $2,000 just to be featured

Popular Instagram account “Rich Kids of Instagram” (RKOI, now “Rich Kids of the Internet”) was founded by 27-year-old James Ison in 2020, wrote The Times’ Jessie Hewitson. Ison posted a picture of billionaire Michael Dell’s son that went viral and teamed up with two anonymous New Yorkers to create RKOI. […]
How an econ student built the ‘Rich Kids of Instagram’ account, where the offspring of billionaires have to pay up to $2,000 just to be featured
Lifestyle

Henrys — millennials who earn 6 figures but still feel broke — were forced into better money habits during lockdown, but they’re facing a new challenge as businesses reopen: resisting their old lifestyle

The term “Henry” – short for “high earner, not rich yet” – is typically used for millennials in their 30s who earn over $US100,000, but who still feel broke. When lockdown stripped Henrys of some of their favourite splurges, like travelling and entertainment, they finally started to save, two financial […]
Henrys — millennials who earn 6 figures but still feel broke — were forced into better money habits during lockdown, but they’re facing a new challenge as businesses reopen: resisting their old lifestyle
Lifestyle

Meet the ‘Henrys’: The millennials making 6-figure salaries who have ‘pleasure funds’ and enough money to travel — but still say they feel broke

“Henrys” are a group of people, mostly millennials, who earn between $US100,000 and $US250,000 but feel broke, Melkorka Licea reported for the New York Post. Short for “high earner not rich yet,” the term Henry was coined by Shawn Tully at Fortune magazine nearly 20 years ago. Millennial Henrys have […]
Meet the ‘Henrys’: The millennials making 6-figure salaries who have ‘pleasure funds’ and enough money to travel — but still say they feel broke
Lifestyle

Meet the typical millennial millionaire in America, who has a real-estate portfolio worth $1.4 million, is married, and is more likely to live in California than any other state

There are 618,000 millennial millionaires in America, according to a new report by Coldwell Banker. The typical millennial millionaire has a net worth ranging from $US1 to $US2.49 million. They also view real estate as a key way to build wealth – the average millennial millionaire owns three properties. Visit […]
Meet the typical millennial millionaire in America, who has a real-estate portfolio worth $1.4 million, is married, and is more likely to live in California than any other state
Lifestyle

Even wealthy millennials are on the hunt for homes in more affordable areas, and it shows just how expensive housing in America has become

Even wealthy millennials are on the hunt for real-estate markets that are more affordable, according to a new report by Coldwell Banker. Some can’t afford new construction properties, so instead of giving up on their dream location, they’re buying fixer-uppers in desirable areas. It shows just how expensive housing in […]
Even wealthy millennials are on the hunt for homes in more affordable areas, and it shows just how expensive housing in America has become
Lifestyle

Wealthy millennials want homes that are within walking distance of their social lives, and it’s redefining how they’re thinking about traditional luxury locations

Millennial millionaires focus on walkability when buying luxury real-estate, according to a new report by Coldwell Banker. It’s all about convenience – they want to be close to the action near people, shops, fitness facilities, and cafes. Rich millennials are redefining what a good location means in real estate: Instead […]
Wealthy millennials want homes that are within walking distance of their social lives, and it’s redefining how they’re thinking about traditional luxury locations
Lifestyle

Nearly half of America’s millennial millionaires live in California, and it highlights just how strong the relationship between tech, money, and real estate is

Almost half of America’s millennial millionaires live in California, according to a new report by Coldwell Banker. These millennial millionaires are mostly based in Silicon Valley, and it highlights the relationship between tech, wealth, and real estate. But as the number of Silicon Valley millionaires grows, it contributes to the […]
Nearly half of America’s millennial millionaires live in California, and it highlights just how strong the relationship between tech, money, and real estate is
Lifestyle

The top 10 ZIP codes where America’s wealthiest millennials live, ranked

Most of America’s millennial millionaires live in California ZIP codes, according to a new report by Coldwell Banker. These ZIP codes mostly stretch across Silicon Valley, highlighting the relationship between tech and wealth. Only two ZIP codes aren’t in California – one in Maryland and one in Michigan. Visit Business […]
The top 10 ZIP codes where America’s wealthiest millennials live, ranked
Lifestyle

Wealthy millennials are more likely to be married than the rest of their generation — and it shows how critical a role money plays in traditional life milestones

Millennial millionaires are nearly three times as likely to own homes and nearly twice as likely to be married as typical millennials, according to a new report by Coldwell Banker. This disparity highlights money’s critical role in achieving today’s milestones. In a time when housing and wedding costs are sky-high, […]
Wealthy millennials are more likely to be married than the rest of their generation — and it shows how critical a role money plays in traditional life milestones
Lifestyle

The top 10 states where America’s wealthiest millennials live, ranked

Most of America’s 618,000 millennial millionaires live in 10 states, according to a new report by Coldwell Banker. Almost half of them live in California, home to the most millennial business owners and real estate investors. All states but one are located on the coast. Visit Business Insider’s homepage for […]
The top 10 states where America’s wealthiest millennials live, ranked