New report finds only 16% of millennials qualify as ‘financially literate’

Yahoo ^ | 2/25/2020 | Ben Werschkul

[antidemoncrat]

As the report notes, the millennials (defined as individuals 18-37 in 2018) “demonstrate lower basic financial literacy levels while at the same time being more likely to overestimate their own financial knowledge.”

[antidemoncrat]

They also seem to be lacking in knowledge of how a Republic works, American History, history of Socialism/ communism and personal responsibility. Maybe that's why they fall for the BS about all the free stuff Socialism will give them.

[Truthoverpower]

Here’s financial literacy

Get a job
make money
pay the bills
Pay your taxes

[Da Coyote]

Just financially?
Do they believe in glow-bull warming? They’re STEM illiterate.
Do they listen to rap? They’re music illiterate.
Do they listen to the MSM? They’re everything else illiterate.

[goldstategop]

More FREE stuff!

[Scott from the Left Coast]

So 84% vote Bernie...

[eyeamok]

18-37? Maybe when they move out of their parents house

[goldstategop]

Yup. After a Trump second term, we’re going to see a Democrat gimmedat President.

The proverbial 8-year itch, my friends.

[SaveFerris]

[ New report finds only 16% of millennials qualify as ‘financially literate’ ]

Well, this certainly explains their support for Bernie. LOL

And why they cannot figure out the Lying Kenyan.

Or any other Democrat candidate.

Obama 2008: ‘Idiocracy’ goes from movie to reality.

[null and void]

I find this difficult to take at face value, given that Alexandria Ocasio-Cortez who graduated cum laude from Boston University College of Arts and Sciences with a BA in 2011, majoring in international relations and economics was ignorant of the law of supply and demand.

[doorgunner69]

That many?

Like, you know, Dude, math is HARD!!

[KC_Lion]

I blame their parents.

[gloryblaze]

These are things best taught by parents, not schools. And if the parents have no clue, then ...

[Scrambler Bob]

Financially literate?

“Can you spell ‘One Hundred Dollar Bill’?

[E. Pluribus Unum]

This would explain why they are buried in student load debt and want a totalitarian government to bail them out.

[gibsonguy]

And they don’t know who Stalin was.

[hal ogen]

Themselves...parents and “educators”. With the availability of information through the web the only excuse is laziness and fear of reality. It is true for many...not just the “millenials”.

[proust]

As Hunter S Thompson called it, The New Dumb.

[Stravinsky]

“demonstrate lower basic financial literacy levels while at the same time being more likely to overestimate their own financial knowledge.”

You could substitute many issues in here and you’d still be describing my generation perfectly. Many millennials are total idiots yet think they’re hot s*** because ours is the most formally educated generation to date. Well, when what you are learning is Marxism and bull****, a few more years of schooling means nothing.

[xp38]

Benjamins

[beethovenfan]

That’s why they like Bernie. They are too dumb to know there’s no such thing as “free stuff”.