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Millennials are said to lack financial stability, but are they to blame?

6 financial problems plaguing millennials through no fault of their own

Millennials' finances aren't in hot shape, according to an INSIDER and Morning Consult survey — but this financial instability isn't their fault.
Gen Xers may find themselves playing catch up in order to retire.

Forget millennials — the real financial time bomb in America is Gen X

According to an INSIDER and Morning Consult survey, almost half of Gen X respondents, defined as ages 38 to 53, don't have retirement savings.
Millennials aren't saving much cash for a down payment on a home.

Millennials might say they want to buy a house, but too many aren’t doing anything about it

About 31% of millennials who expect to own a home aren't currently saving for one. Millennial homebuyers are increasingly relying on larger mortgages.
Millennials and baby boomers have different financial behaviors.

17 ways life is different for millennials than for baby boomers, from crushing student loans to a disappearing middle class

INSIDER and Morning Consult recently surveyed 4,400 Americans, and found that millennials and baby boomers have very different financial behaviors.
For some millennials, college wasn't worth the student-loan debt.

Nearly half of indebted millennials say college wasn’t worth it, and the reason why is obvious

Millennials still paying off their student-loan debt feel worse about having gone to college than millennials who have already paid of their debt.
Millennials largely avoid credit-card debt.

4 things millennials are doing right with their money

Though many millennials are unprepared for their own retirement and homeownership expectations, some are making good decisions with their money.
Some rich millennials consider themselves to be middle class.

More than one-third of millennials earning at least $100,000 a year consider themselves middle class

A six-figure salary may no longer be what it once was — a growing cost of living has made it harder for millennials to save.
Millennials and Gen Xers aren't saving enough.

Millennials are delusional about the future, but they aren’t the only ones

Too many millennials and Gen Xers aren't preparing for retirement and homeownership, according to an INSIDER and Morning Consult survey.
Some millennials feel set back financially.

Nearly one-third of millennials are worse off than they thought they’d be 10 years ago

Several economic factors may have delayed millennials' wealth-building process — the Great Recession, student-loan debt, and a higher cost of living.