2024 Author: Steven Freeman | [email protected]. Last modified: 2023-11-27 15:22
As if we didn't already know we had money struggles, The College Investor revealed the net worth of millennials and trust us, it's not pretty.
The study states that the average net worth between the ages of 18 and 29 is actually negative. Yes, as in under zero.
giphy.com/gifs/12JgIV6zAkYFbi
The formula used to find the net worth included the average salary, debt, and savings rates of people between the ages of 18 through 35.
The College Investor suggested that you should try to have $ 10,400 to your name in order to be above average in this age group. It was also reported that the average millennial has $ 30,000 in student loans.
The reason? Mainly because of college debt. The College Investor revealed, “Millennials have some of the highest student loan debt rates of any generation in history.”
Check out the numbers below:
Recommended:
Jonathan Islas Shows Negative Drug Test
Actor Jonathan Islas, ex-partner of Fabiola Campomanes, shows drug screening test that, according to him, gave negative results
6-Year-Old Girl Secretly Buys Nearly $ 400 Worth Of Toys From Her Mom's Amazon Account
Though she is only 6 years old, Katelyn Lunt knows how to "treat yo self" a little too well! After Katelyn spent a recent day doing extra chores around the house, mom Catherine Lunt surprised her by ordering a Barbie doll from Amazon - a token of appreciation for a job well done.
Two Weeks With IPhone 8 Plus: Is It Worth Buying?
After having in my hands the iPhone 8 Plus for a few weeks I dare say that Apple has reinvented itself
Rihanna On The Outfit She Wore At The Met Gala: "It Was Worth L
Rihanna on the outfit she wore at the Met gala: "It was worth it"
L'Oréal Paris Celebrates The Women Of Worth In New York
L'Oréal Paris pays tribute to 10 women for their solidarity initiatives
