Financial news reports are buzzing about the Millennial generation. The same is true of the general press as well. 

You can’t turn on the TV; read a newspaper, blog or magazine; or listen to talk radio, without hearing someone opine about the rise of Millennials, also known as Generation Y. 

This year alone, I’ve received no less than a dozen research studies about the Millennial crowd – mostly from financial services firms, retailers and think tanks. 

Why is there such a massive interest in Americans between the ages of 18 and 34 years old? It’s because financial companies, corporations of all stripes, and other organizations recognize the enormous impact that Millennials will have on America – in the near future and over the long haul. 

Here’s my two cents on Millennials and six interesting financial facts about the Millennial generation that just might surprise you. 

6 Interesting Financial Facts About Millennials

I had an opportunity to interview Anderson on the afternoon that season 2 of “Black-ish” debuted. He was on his way to the airport, but took 20 minutes to chat with me by telephone.

Among other things, we talked about life insurance, the need for Black men to take their health more seriously, and the importance of planning for the next generation.

Here are highlights from our interview – including some serious money lessons Anderson dropped on me.

No Joke: Financial Lessons From Black-ish Star Anthony Anderson

Here's is a call recorded from a con artist claiming to be from the IRS. 

Remember, per the IRS's website: 

The IRS will not:

Call you to demand immediate payment. The IRS will not call you if you owe taxes without first sending you a bill in the mail.

Demand that you pay taxes and not allow you to question or appeal the amount you owe.

Require that you pay your taxes a certain way. For instance, require that you pay with a prepaid debit card.

Ask for your credit or debit card numbers over the phone.

Threaten to bring in police or other agencies to arrest you for not paying.

Source: https://www.irs.gov/uac/IRS-Urges-Public-to-Stay-Alert-for-Scam-Phone-Calls


TheMoneyCoach