article thumbnail

Millennials Pivot Toward Homeownership; Economic Ripple Effects Still Unknown

PYMNTS

It was only a few short years ago that the conventional wisdom was that millennials were shaping up to be slower entering the homebuying market than their Gen X siblings and baby boomer parents. Millennials are no longer holding back when it comes to homeownership. Things like homeownership. Today’s Buying Boom .

article thumbnail

Millennial Investors Are Not Over the Financial Crisis

Bank Innovation

Most investors still count themselves as “influenced” or “strongly influenced” by the events of the financial crisis, according to the Legg Mason 2017 Investment survey released recently. Millennial investor habits were most strongly affected, the survey of more than 15,000 global investors […]. Think again.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash

PYMNTS

The data on millennials’ lifetime earnings potential were already fairly grim long before the word “coronavirus” became part of everyone’s daily conversations – and before the U.S. A 2016 paper led by Stanford University Economist Raj Chetty found that millennials were in deeper economic trouble than a quick look at the U.S.

article thumbnail

Deep Dive: Travel, Hospitality Get A Millennial Makeover

PYMNTS

Millennials have long been sought-after travel and hospitality customers, partly because they are perfectly placed to seek such experiences. This unique status creates both opportunities and challenges for firms in the space, as millennials search for the experiences they crave. Furthermore, millennials are set to spend $1.4

article thumbnail

CORT On Using Mobile, Visual Purchasing To Solve B2B Event Payments Friction

PYMNTS

Corporate event planners are hired to quickly find and furnish venues, and require digital tools to help them get the furniture and decor items they need, while staying on budget and on schedule. B2B sellers know they must offer eCommerce sales channels if they want to appeal to today’s corporate buyers — many of whom are millennials.

Mobile 197
article thumbnail

NEW DATA: Millennials Drove 2019’s Black Friday Spend

PYMNTS

All Consumers Spent More On Black Friday In 2019, But Millennials Spent The Most. This year, millennials were the big Black Friday spenders, shelling out an average of $509.50 More millennials in the workforce mean more millennials with money to spend on holiday presents (as well as for themselves). more than last year.

article thumbnail

Homesharing Platforms Vie For Millennial, Gen Z Travelers

PYMNTS

They want convenient booking tools, fast payment methods and secure reservations when planning their trips, and these needs have not changed much as millennials have come of age. Millennials and younger generations are digitally minded and want to interact with brands that can answer their personal requests through online and mobile channels.