Two Truths and a Lie: How Well Do You Really Know Millennials?
The Millennial generation overtook Boomers in 2015 to become the largest population segment. Each question below has three statements: two truths and one lie about Millennials (those born from 1981 - 1997). Can you spot the lie?
When it comes to Millennials and debt....
Average debt of a Millennial is $40,000
Millennials save at the same rate as their parents
Millennials earn just as much as their parents
Millennials’ thoughts on homeownership:
Millennials prefer the suburbs to big cities
Millennials make up 35% of the housing market
One of the top reasons Millennials do purchase a home is to give their dog(s) more space
When it comes to spending,
52% of Millennials keep their assets in cash, instead of stocks & bonds
Millennials are frivolous spenders
Millennials are more likely to spend on things that serve a long-term purpose, as opposed to short-term excitement
Millennials on business practices:
88% of Millennials say they “sometimes” or “never” trust the media
Millennials trust the corporate world to solve global problems
Most Millennials trust the government to do the right thing
When it comes to policy...
More than half of Millennials say they usually don’t trust the Supreme Court
Millennials care less about the environment than previous generations
Millennials want less use of force in foreign policy
When it comes to philanthropy...
75% of Millennials donate to non-profits
Millennials volunteer more than any other generation
Millennials prefer rallies to signing petitions
In regard to media consumption, Millennials:
Watch more TV than Boomers
Are stronger magazine readers than any other generation
Are 49% more likely to “unplug” from digital mediums than Gen Xers
Millennials have mixed feelings on their working habits:
Millennials prefer freelancing to steady jobs
A third of Millennials live at home with their parents
Millennials have overtaken Gen X as the largest demographic in America’s workforce
When it comes to parenting…
Millennials care more about gender neutral toys and clothing
Millennials prioritize giving their children unique names
Millennials gravitate towards the “helicopter” parenting style
Millennials and their pastimes:
Millennials attend more concerts than previous generations
Only 18% of Millennials are baseball fans
76% of Millennials exercise at least once a week
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