Battle of the Generations: How Gen X and Gen Y Do Money Differently

Battle of the Generations: How Gen X and Gen Y Do Money Differently

Today at LearnVest, we're talking 'bout your generation.

But instead of analyzing another rundown of clichéd characteristics—like which group is more entitled—we wanted to dig into research that helps explain how Gen X (age 35 to 54) and Gen Y (21 to 34) stack up financially.

And, sure enough, after sifting through all the stats and stereotypes out there, we uncovered some fascinating findings about how each group saves, splurges and manages their money.

Which generation is saddled with the most debt? Which group loves to eat out—to the tune of three times a week? And which would rather spend that discretionary green on globetrotting?

Read on to learn more about your demo's common money habits.

RELATED: 6 Money Myths That Millennials Should Stop Believing

GenXY_Charticle_2 (3)

 

Learnvest

Financial planning made simple.

Get your free financial assessment.

Related Tags

Get the latest in your inbox.

Subscription failed!

You're Now Subscribed!