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MarketWatch: Millennials Appear Eternally Optimistic About Their Finances

By Quentin Fottrell

“Are millennials stubbornly idealistic? Among all age groups, they feel the most positive about their finances — even compared with older Americans who have higher net worths. Relative to every other age group, millennials — also known as Generation Y, born roughly between 1981 and 1996 — are most likely to say their situation has improved relative to a year ago, according to a survey released this week by personal finance site Bankrate.com. In all components of the site’s financial security index for January — savings, debt, net worth, overall finances, and job security — millennials were the most likely of all age groups to note improved conditions compared with one year ago.” Read more here.