Archive for tag: Millennials

Can Mobile Apps Prod Millennials to Save? This Startup Thinks So

March 16, 2015

By Mary Wisniewski Trending soon on mobile banking (just maybe): automatically paying oneself while buying stuff. Qapital, which recently raised $1.3 million in seed capital, wants millennials to use its smartphone app to set personal-finance goals and automatically transfer sufficient money into savings accounts in order to meet those goals. The startup — which went […]

How Millennials’ Sense of Entitlement Could Benefit You

January 26, 2015

By Martha C. White They want perks, and banks want them The Best Banks in America The days when you could earn rewards from your bank might seem as distant as the era when you’d get a toaster for opening an account. Still, more people today — especially young adults and wealthy Americans — expect […]

Younger Millennials Carry Less Debt Than Older Counterparts, PNC Study Finds

January 10, 2014

By Bryan Yurcan The financial habits of millennials aged 20-24 differs vastly from that of their older counterparts in the 25-29 range, a survey from PNC Bank found. The PNC Financial Independence Survey, which sought insights into the financial patterns and mindsets of 20-29 year-olds, found that the younger set carried just half the debt […]

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