Williams: ‘Are Millennials Good at Money Management?’
When you think of Millennials and money, do you imagine they are financially savvy or reckless? Bold TV and C-Suite hear from an expert. Karen Williams, or “The Dividend Diva,” is a coach that helps people create financial plans unique to their personal goals. While she focuses on helping communities of color, she helps anyone who comes her way, including the younger generations. She says that while Millennials treat money differently from their parents, they’re doing a great job at managing their budgets. Many times, people handle their finances according to how they grew up. The majority of young people today had childhoods where their parents struggled with money. They saw national crises in housing and the economy. They saw adults struggle with credit card debt and employment. This environment could have affected Millennials in a few different ways. Did they learn how not to handle finances or did they follow a negative example? Mostly the former. Williams says that Millennials are handling their money well. And one way they’re getting ahead is becoming financially literate earlier than their parents did. Learn more on Bold TV and C-Suite.
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