How Different Are Millennials from Their Parents and Grandparents? TransUnion Report Decodes Millennials’ Financial Health

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By Julia Wisenberg, Contributing Author

Even small differences between the financial trends of Millennials and earlier generations, such as their Gen X parents, may be significant since Millennials compose a significant portion of the American economy. A recent TransUnion report evaluated Millennials as consumers, focusing on their credit participation and performance, ability to manage debt and expenses, and financial planning trends.1

Millennials compose a significant part of the American economy, consisting of . . .

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