Three in five millennials admit their financial image of themselves doesn’t reflect their financial reality, new research has revealed.
That’s according to a series of three surveys, each polling 2,000 millennials, 500 Gen X and 500 baby boomers.
Results revealed that 61% of millennials say there are gaps between how they want to be perceived and how they’re actually doing.
Only one in five millennials (19%) don’t project a financial image at all, compared to 33% of Gen X and 42% of baby boomers.
But this disconnect may have more to do with outdated expectations and mismatched goal posts than a genuine need to hide their financial reality.
Despite…
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