You've probably heard the jabs about being a millennial. Over the years, we’ve been called everything from lazy, entitled snowflakes to avocado toast-eating spendthrifts. But the most common label has been that of the “broke millennial,” perpetually behind in finances and therefore, life.
“Millennials have been squeezed in a lot of ways our parents weren’t,” says Jill Filipovic, author of OK Boomer, Let's Talk: How My Generation Got Left Behind. “We went to college in record numbers—and took on astronomical student loan debt—only to graduate into a recession where it was difficult to find work. As a result, some of us took lower paying jobs, which had long-term effects on our finances.”
