Millennials’ dark financial fears
Far from having their heads buried in the financial sand, twenty– and thirty-something Canadians are feeling anxious, angry and scared about their futures.
In December, we asked The Globe’s millennial readers to send us their biggest financial fears. More than 1,200 of them did. The answers varied but certain themes emerged: skyrocketing house prices, an inability to save for retirement, crippling levels of debt, a tough job market and worries about the affordability of having kids, as well as general concerns about making ends meet, have Canada’s young people losing sleep.
“Our wages are not going up, the world is falling apart and my family – child included – is stuck in a condo because housing prices are completely insane,” says JM, a mom in her thirties living in Toronto. Read the full story…