Millennials And Money: How 2 Young Adults Are Figuring Out Personal Finance
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How are young people learning about personal finance these days?
For those with debt, it’s a huge mountain to climb. A recent study finds that the average millennial with debt has racked up an average of $36,000 in the hole, and spends about a third of their monthly income paying it off. But there are some lucky ones with little or no debt, who say they learned from their parents about how to live a frugal life.
‘s Peter O’Dowd talks with two young adults about what they learned — and wish they’d learned — about money growing up: , 25, an elementary special education teacher in the Boston area who’s coming to terms with her own debt,, a debt-free University of North Texas student largely paying her own way through college.
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