How Millennials Manage Their Money

By Carolyn M. Brown

Article Reprint

Millennials—the demographic between the ages of 18 and 35—have toppled baby boomers and are reportedly more than 74 million strong in the U.S. What’s more, minorities constitute a big makeup of that population. According to a Brookings Institute report citing data from the Census Bureau, minorities make up 27% of the total millennial population. That millennial group represents 47% of the money-earning minority workforce.