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While only 27% of Americans across all ages say their money-saving habits are excellent, 65% of millennials and Gen Z-ers are worried about baby boomers impact on their future, finds a new study.
The survey, conducted by OnePoll for National Debt Relief between Aug. 4-8, 2023, found that although younger generations were concerned about the effect older generations financial decisions will have on them, 62% of all respondents (split evenly by generation) admit they make poor money decisions sometimes. Almost half (48%) of respondents said their parents influenced their money habits.
With 51% of respondents admitting they have been in debt at some point, and 42% currently experiencing money troubles, th…
Read the full article at: https://www.gobankingrates.com/money/financial-planning/millennials-say-boomer-parents-to-blame-shameful-money-habits-financial-mistakes-to-unlearn/