What do Millennials save for?
Millennials—people born between 1980 and 2000. People whose traits are positive—they are earnest, positive, seek new experiences, and display a high level of social consciousness. They have expectations from life (positive ones), they work and strive for the best, they use technology, they crave for work-life balance and give a lot of attention to new experiences in life. Millenials are go-getters, hard-working, they are careful about their spending and saving. They are also known to handle responsibilities better, take challenges as opportunities and face competition which otherwise their previous generations haven’t had to face so intensely. Our Millennials are pretty thrifty when it comes to saving money and they know exactly where to spend that. Let’s find out how financial planning for millennials can help them for a better and secured life ahead.