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When baby boomers were millennials' age, they held seven times the wealth millennials do.

Millennials only hold 3% of total US wealth, and that’s a shockingly small sliver of what baby boomers had at their age

When boomers were roughly the same age as millennials are now, they owned about 21% of America's wealth, compared to millennials' 3% share today.
More millennials are positive about their financial health than those that aren't.

6 facts that show millennials are going to be OK, even if you think they aren’t

Many millennials think they're doing financially better than their peers. They're also doing better than Gen X and baby boomers in certain areas.
Women are more likely than men to delay quitting a job.

Women worried about money are more likely than men to put off buying a home and quitting a job, and it highlights the effects of the gender pay gap

A new survey by Insider and Morning Consult asked men and women what life events they've delayed because of money — and the results were telling.

8 life events millennials are putting off longer than their parents because they can’t afford it

Millennials are delaying big things: buying a house, having a medical procedure, making career moves, and starting love lives, all because of money.
Millennials are more likely than their parents to discuss finances with others.

Millennials might lag behind their parents when it comes to money, but there’s something they do better: talk about it

Millennials are more likely than baby boomers to discuss their finances with friends, siblings, and coworkers.
More millennials think they earn less than their peers, but more millennials think they have less debt than their generation.

45% of millennials think they earn less than their peers, but even more think they have less debt

Millennials are pretty grim about their wages — at least when they compare themselves to the rest of their generation.
More than one-third of millennials think they're financially worse off than their peers.

37% of millennials think they’re doing worse than their peers, but even more think they’re coming out on top

Ten percent of millennials think they're much worse off and 27% think they're somewhat worse off financially compared to the rest of their generation.
28% of millennials paid off student-loan debt with help from friends or family.

28% of millennials only paid off their student loans thanks to help from friends and family

Student-loan debt is a big burden for millennials — the average student-loan debt per graduating student in 2018 who took out loans was $30,000.
Some millennials just aren't worried about their credit-card debt.

Credit-card debt is surprisingly common among millennials, but many of them aren’t worried about paying it off

30% of millennials with credit-card debt have little to no stress about it. Credit-card debt can damage your credit score, affecting wealth building.
Paying off debt is possible; many people follow a payment plan.

Most people who pay off their debts don’t get a windfall or declare bankruptcy — they just have a plan

According to a survey from Insider and Morning Consult, respondents also paid off debt with financial help or windfall or by declaring bankruptcy.