The real estate collapse and accompanying financial catastrophe, followed by the COVID-19 epidemic, had a lasting influence on Millennials, and some millennials may humorously believe they have no future.
The Great Recession of 2008 and the continuing coronavirus epidemic, which began in early 2020, some 12 years later, have left an indelible mark on Generation Y, sometimes known as millennials.
If you grew up in the late 2000s, you may find it tough to remain unconcerned about volatile financial markets or a bloated property market.
World events have influenced millennials’ financial views when it comes to money management, debt repayment, and even how they save, spend, and invest.
Impact of Financial Crisis
The real estate collapse and accompanying financial catastrophe, followed by the COVID-19 epidemic, had a lasting influence on Millennials, and some millennials may humorously believe they have no future.
The Great Recession of 2008 and the continuing coronavirus epidemic, which began in early 2020, some 12 years later, have left an indelible mark on Generation Y, sometimes known as millennials.
If you grew up in the late 2000s, you may find it tough to remain unconcerned about volatile financial markets or a bloated property market.
World events have influenced millennials’ financial views when it comes to money management, debt repayment, and even how they save, spend, and invest.
Unlike previous generations, who had relatively extended periods of economic stability at some point in their lives.
Millennial Americans were influenced by three financial disasters during their formative years: the dot-com bubble burst, the 2008 financial crisis, and the coronavirus epidemic. These events continue to influence how millennials make major financial decisions.