Karyn Harrington

Student Blogs

Karyn Harrington, CQEMBA '12

Nov 21

Written by: Karyn Harrington
11/21/2010 6:17 PM  RssIcon

As a member of Generation Y -- and a student in the CQEMBA's MacroEcon and Finance classes -- I was fascinated by this article on MSNBC.com about young people and their approach to personal finances.  According to the article, Generation Yers' saving habits more closely resemble those of their grandparents than their parents.  The article suggests the reason has much to do with the recent economic situation.

http://www.msnbc.msn.com/id/40278081/ns/business-personal_finance/

What do you think?  Have the current economic conditions caused you to think differently about saving?  Share your two cents here.

Tags:
Categories: Student, CQEMBA

2 comment(s) so far...


Re: Saving Generation Y

First thought? Generation Y??? I thought it was settled, it's Gen X and then it's the Millennials.

Personally the bear market has meant that I'm more wary of spending, but in terms of my investing strategies, they are based on returns I hope to see over 50 years, not 5.

By Wac on   11/23/2010 5:05 PM

Re: Saving Generation Y

Great points! I actually was thinking about the generational issue in writing the blog - I've seen various articles that define the generations slightly differently! Thanks for sharing your thoughts. Hope you are well!

By Karyn Harrington on   11/23/2010 5:06 PM

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