As their parents get older, many millennials are having to step in and become caregivers. Because of this, many millennials are becoming interested in estate planning themselves—seeing its benefits and their need for the future. For many of them, they are not only taking care of their parents but also…
Houston Millennials have a different perspective about love, money and family. Boomers have taught their children well. While nearly three quarters of boomers see a gift of money as an expression of love, according to a recent survey, their children don't see things the same way. These different values have…
Financial planner Joe Pitzl, 34, says Millennials like himself have a different way of absorbing information than their parents and grandparents, and as a result planners in that age group take a more collaborative approach. As reported in a recent USA Today article, titled “For Millennials goal is financial freedom,”…
Don't think savings is a big deal? Ask anyone who is running their own business, decided to retire early or abandoned their old job to go after their dream career. Savings was their saving grace, no pun intended. The Fall 2014 Merrill Edge Report showed that 80 percent of millennials…
Cash-strapped millennials are slipping into the red. In fact, their savings rate has dipped to negative 2 percent, meaning that they're spending more than they have. The unemployment rate was down to 5.8 percent last month and the U.S. economy added 214,000 jobs. However, a recent article on the CNN…