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What's In THEIR Wallet?
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This article talks about how millennials are being thrifty, saving money, and taking out fewer credit cards, just being generally more financially responsible than their predecessors. Of course, the bad economy might have something to do with it. Also, there might be this, the problem of crushing student loan debt. If you come out of college with a lot of loans to pay back and no job, for a job that doesn't pay as well, you have to cut back, too. That's not to say that previous generations didn't do that, but it does play a part. (Los Angeles Times; Cincinnati Enquirer)
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