Life Insurance and Stocks
Unlike almost all generations before them, there are two things most millennials are not willing to invest their hard-earned money in: Life insurance and the stock market. There are many reasons over 75% of millennials do not have life insurance and only 13% of them invest in the stock market.
Most millennials can’t afford to think about investing in their financial futures when they’re already struggling to get by day after day. A majority of schools across America no longer offer home economic courses either, which used to teach ways to budget household funds. Most millennials simply never learned the importance or how to do these things properly.