Tag: millennials

happy older couple looking onward

Millennials are big users of payday loans, which have steep interest rates that can really mess up their finances. Remarkably, two out of five people in their mid-20s to mid-30s have used a payday loan, which is more than double the frequency for people in their late 30s, says Melody Harvey at the Pardee RAND…

US

Rich or poor, old or young, white or black, red or blue – our differences cut many ways. But a new divide has opened up, one based on geography. Stark new evidence shows that well-paid, highly educated people have moved to high-cost coastal cities over the past decade, while lower-income, less educated people have moved…