Those who cannot manage their money correctly will find that it rapidly becomes challenging to keep a healthy bank balance and also an organised financial life.
With the issue of consumer debt comes the notable differences in attitude between generations. Generation X and the Baby Boomers are amongst some of the most likely to have savings and a clear plan for the future due to their influences as young adults. For millennials and the upcoming Gen Z age groups, this has clearly been a different path. Research shows that many 18-24 years old worry about debt and have no savings or plans in place for future financial security. From 25-35 years, the concern of buying a home, managing debt and planning for retir…
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