Why Millennials Aren’t Saving Money

Описание: You've heard the stereotype. Millennials, and young people generally, are financially irresponsible. Instead of buying a house, paying off debt or saving and investing for the future, they're wasting their money on frivolous items and experiences - namely smashed avocado on toast and lattes.

But is this assessment fair? Were baby boomers or generation X any better with their wages?

In this video I explore how this typecast started, the economic challenges facing millennials, how expenses like healthcare, student loans and house prices compare to those paid by previous generations and whether young people today are even capable of building wealth.

📸 Instagram:   / sebastianfrancis  

I make videos covering all things personal finance. From saving money, paying off loans, managing debt and earning more income - to choosing the right investment, whether that be in the stock market (growth vs value vs dividends), cryptocurrency, index funds (ETFs), property or NFTs. I also look at the heavyweights, wannabes and weirdos of this world. From Warren Buffett and Charlie Monger To Elon Musk, Ryan Cohen and Logan Paul.

Enjoy, have a laugh and hopefully learn something along the way.