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Personal finance is another aspect of the generation gap that makes it difficult to reconcile babyboomers and millenials

Americans entering the workforce in the decade since the financial crisis face a starkly different landscape than their parents did at the same age. They often have far higher student loan debt. Housing eats up a bigger chunk of each paycheck. And young households have lower incomes and fewer assets than previous generations did at the same ages.
https://www.wsj.com/articles/your-parents-financial-advice-is-kind-of-wrong-11568367000
