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The manner in which young adults approach money management is one of the most debated topics in generational wars. However, it’s also a conversation that lacks context. After all, you would need to consider the economic challenges that erupted since the start of the 21st century. There have been three significant recessions since the year 2000. While they were each distinct in terms of cause and impact, they also became progressively worse each time.
It started with the dot-com bust in 2001, followed by the 9/11 attacks and the Great Recession in 2008. More recently, the 2020 pandemic produced economic turmoil
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