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Are millennials rich or poor?

Millennials have been called the ‘brokest’ and the ‘richest’ generation, and experts say both of those are true

Economic conditions have put millennials financially behind previous generations at their age, but they might fare better in the long run.
Rihanna is one of many celebrities who is frequently seen flanked by bodyguards for security.

From hiding their mansions on Google Maps to building $500,000 panic rooms, rich people are sparing no expense to keep their lives private and secure

Rich people's desire for privacy has only increased in a technological age. They're proceeding with caution when it comes to grand displays of wealth.
The wealthy are showing off their riches less.

Forget shiny Rolexes and Louis Vuitton handbags — rich people are investing more in education and health, and it shows that discreet wealth is t...

Is flaunting Lamborghinis, Rolexes, and diamonds a thing of the past for the rich? Showing off wealth is no longer the way to signify you have it.

Millennials are treating themselves to experiences — but it doesn’t mean they’re bad with money

Millennials often "treat" themselves, according to a Fidelity Investments report, but it doesn't mean millennials are bad with money.
Millennials are managing myriad money woes.

7 of the biggest financial problems millennials face that their parents didn’t

Because they came of age during the Great Recession, millennials are dealing with a number of financial problems: student loan debt, inflating living costs, unexpected expenses, and needing to save more for retirement.
Millennials are relying on their parents more for money and a place to live.

More than half of 20-somethings still count on money from their parents to pay their bills

The newest Country Financial Security Index highlights the ongoing financial struggles millennials are facing — more than half of Americans aged 21 to 27 have received financial assistance from a parent, guardian, or family member, in the last year and 35% still live at home.
Millennials born in the 1980s are at greater risk of accumulating less wealth during their lives, according to a new report by the Federal Reserve Bank of St. Louis.

The ‘lost generation’ of millennials born in the 1980s may never be as rich as their parents

Millennials face unique financial struggles, and those born in the 1980s might have the worst of it. This millennial cohort is at the risk of becoming a "lost generation" that accumulates less wealth during their lives, according to a new report by the Federal Reserve Bank of St. Louis.