A new survey conducted showed that the only similarity between millennials and baby boomers when it comes to discussing money is that both groups openly share finances with their spouse. Millennials are more likely to talk about finances with coworkers, family, and friends. Overall baby boomers are most likely to talk to their kids about finances, with millennials talking to their parents. Previously considered taboo, talking about money has helped the younger generation become more financially literate and teach them how to properly save money in todays economy.
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May 13, 2020