Millennials Not Managing Their Money

Posted: March 9, 2022 at 9:35 am

A new survey of 2,000 people that looked at how Millennials manage their money found 45 percent of them have no idea how much money is in their bank account. It also found the average young adult spends nearly 150 more hours a year scrolling through social media than monitoring their finances, and are more likely to play with their pets or search for a new TV show to stream than check on their money every week. In fact, being on top of their finances came last on a list of activities Millennials spend time doing.