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Survey: COVID-19’s Financial Effect on Millennials

MyBankTracker

The COVID-19 pandemic has added to the money challenges faced by millennials in particular. Millennials are old enough to have financial responsibilities without having had much time to build financial stability. The survey found that the pandemic added to the financial challenges that millennials face. Key Findings.

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Are Millennials in Financial Crisis?

Filene

So, when I read articles like the one in MoneyTalk News by Krystal Steinmetz on January 11 called, “ 42 Percent of Millennials Are Engaging in This Risky Financial Behavior ,” my heart truly goes out to the millennials who are struggling financially. This article is also an innovation wake-up call to credit unions.

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Chase Finds Veterans Gearing Up To Sell Their Small Businesses

PYMNTS

According to news from Forbes published last month, small business owners are getting ready to hand down their businesses to millennial entrepreneurs. We have a succession crisis,” Duff wrote in an article published in Forbes. The Veteran Business Owner.

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The Dawn Of A Cashless Global Economy?

PYMNTS

There are issues of transaction security, criminal elements, tax evasion, free flow of capital, access to goods and services and the ability to fully participate in the global economy. That would be millennials, ages 18–29, with 64 percent saying they prefer to use cards even for transactions under $5.

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The Old Guard Vs. The New Wave In Retail

PYMNTS

Large retailers, like Sears and Kmart, are held to a separate set of standards than their eCommerce counterparts when it comes to collecting sales tax and paying above minimum wage to their large pool of in-store employees. The chain, which operates both the Sears and Kmart brands, reported a loss of $580 million in the quarter ending Jan.

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Study: Will Your Presidential Vote Depend on the Impact on Your Finances?

MyBankTracker

of Republican respondents) followed by taxes (20.2% of Independent respondents) followed by taxes (18% of Independent respondents) Before the pandemic, 49.3% of Republican respondents) followed by taxes (20.2% of Independent respondents) followed by taxes (18% of Independent respondents) Before the pandemic, 49.3%

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Survey: Would You Rather Reveal Your Weight or Your Salary?

MyBankTracker

Retirement accounts offer tax-advantaged growth of long-term savings but far too many people — regardless of gender — ignore them. Related Articles. Survey: COVID-19’s Financial Effect on Millennials. Take advantage of retirement accounts. The post Survey: Would You Rather Reveal Your Weight or Your Salary?

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