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By Rob Carrick | Financial help for young adults. This ain't your mom and dad's personal finance.

Robo-advisers have arrived (and may be just what your portfolio needs)

The latest trend in investing advice has been stuck with an unfortunate nickname that may do it more harm than good.

“Robo-advisers” are online operations that build customized portfolios for clients, typically with exchange-traded funds, and then monitor and rebalance them on an ongoing basis. The …

7 Steps To Stock Investing Without Too Much Risk

Millennials are more likely than other generations to be risk-averse.

They hold 52% of their savings in cash and only 28% in stocks, according to a UBS study. For other generations, the weightings are nearly the reverse: 23% in cash and 46% in stocks.

A 2013 Accenture report found that 43% of …

Millennials: Bonds aren’t Just for Old People

I come from a large family, and through my older siblings I have a growing number of nieces and nephews who are entering their 20s. What often …

Retirement

Why 25-Year-Olds Are Investing Like Old Fogies: Gen Y Goes Geriatric

NEW YORK (MainStreet) — Opting to pour their money into cash or other conservative investments which yield extremely low returns, Millennials are …

Investing

Millennials LOVE their smartphones: Deal with it

You've seen them shuffling down the street, eyes glued to 4-inch screens, fingers tip-tapping away. To say that young people are in love with their smartphones would be an understatement: It's more like they're obsessed, confirms a new study out by Zogby Analytics.

Almost 90% of Millennials say …

Do Millennials Think Differently About Money And Career?

Millennials, Gen-Y – whatever you want to call them – may view career and coin a little bit differently than other generations. The business world had better pay attention because these globally-minded youths will comprise about 75% of the global workforce by 2025.

Last year professional services …

Gen Y’s financial woes are now everyone’s problem

If you own a house, Generation Y’s financial problems are now your problems.

The latest indication of what today’s young adults are up against comes in a report issued by the Council of Ontario Universities on how its graduates have fared in the work force. It’s a document full of numbers showing a …

What, Me Save? Babes in Wall Street

Follow-Up | Dow Indicator | Preview

Attention, bankers and brokers: Millennials are pretty clueless about the world of money and could use your help. …

Wall Street

Why Millennials Should Have Kids—and Soon

There are plenty of financial and lifestyle reasons to not have a child, but there are also costs to delaying or forgoing, notes MONEY reporter and first-time dad Taylor Tepper.

I finally realized that I’m no longer in charge of my own life a few of weeks ago.

It was a Tuesday at 9:45 p.m. I had …

Kids

Uh-oh: 63% of Millennials don't have credit cards

Millennials are shying away from credit cards like no other age group, a study out Monday finds, and that could cost them when they go to buy a car or even when they apply for a job.

More than six in 10 people ages 18 to 29 don't have a single credit card in their wallets, reveals a survey conducted …

Gen Y money: The allure of a steady paycheque won out over grad school

Thanks for reading our Gen Y money blog, where a recent grad chronicles her real-life journey to becoming a financially independent adult.

One year since the liberation of my student status, I’ve finally started to experience some of the perks that come along with being a “real person.”

I’ve quite …

Retirement Reality Check: The Number One Reason Gen X and Gen Y Are Behind

This post originally appeared on LearnVest.

You wouldn’t board a plane without knowing your destination. So why save for retirement without defining your goal?

Yet a new study from market research firm Greenwald & Associates reveals that, when it comes to planning for their golden years, Generations …

9 financial tips for Generation Y

Cut Your Debt While You're Still in School | Student Finance 101

The easiest way to pay off student debt is to keep it down in the first place.

To be fair, that's harder for some than for others. We all have …

Gen Y money: Job hunting is that much harder when you’re broke

Thanks for reading our Gen Y money blog, where a recent grad chronicles her real-life journey to becoming a financially independent adult.

I’ve learned a number of valuable lessons during job interviews: ask the right questions, avoid wearing grey (should you be prone to stress sweat), and have at …

Managing Student Loan Repayment

You can build a good credit rating by showing your ability to manage your loan in a responsible way. One of the best ways to manage your student loan …

Money Saving Tips for College Students on a Budget

Between climbing tuition, high cost of living and low employment, college students are always living on a tight budget. Don't miss these money saving …

5 Ways Millennials Can Achieve Financial Independence

Follow these tips, and you won't have to keep turning to mom and dad for a little help.

Personal Finance

1 Big Investing Mistake Many Millennials Are Making

Millennials are doing a good job of saving and demonstrating financial responsibility, but their investment habits aren't quite up to par, yet.

Investing

Charting the rise of Generation Yawn: 20 is the new 40

Forget sex, drugs and rock 'n' roll. Youth culture today is all about clean-living and wholesome hobbies. Don't believe us? Read on...

Note to self: act more cool at work. I have just confessed to a thirtysomething colleague that the two glasses of wine I drank last night have left me with a …

Generation Y

Ultimate investor guide for Generation Y: Part 2

The best investment products for beginners are cheap to buy and own, easy to manage and effective in producing competitive returns.

In Part 2 of my Ultimate Investor Guide for Generation Y, we look in detail at some specific investments that deliver on all three points (read Part One online here). …

He’s 26 with $32,000 in savings. Here’s how he did it

Meet a guy who’s addicted to saving.

He’s a 26-year-old Ottawa resident by the name of Rob Nettleton and he’s an example not just to his fellow members of Generation Y, but to anyone who wants to save money but can’t figure out how. Even if you’re not as disciplined as he is, you can still learn …

How to avoid investing in 'evil' companies

A recent survey from Bankrate.com says that 40% of millennial investors (those between 18 and 29 years of age) prefer “cash” as their main mode of …

Millennials buying homes later in life

WASHINGTON (AP) — Don't blame the Millennial generation for lackluster home sales.

They are increasingly ethnically diverse, more educated and less likely to be married — all factors that make them less likely to own a home, said a new report released Wednesday by Trulia, the online real estate …

10 Things Millennials Won’t Spend Money On

By 2017, millennials will have more buying power than any other generation. But so far, they're not spending like their parents did.

Millennials are often maligned for their lack of financial literacy, but there is one money skill the younger generation has in spades: saving. After growing up during …

Money

Starting Small: Millennial Investors Learn the Power of Compounding

This generation's financial future depends on whether they save for retirement early and often.

Investing

Money Tips: Financial Advice for Gen Y

Gen Y, aka the Millennials...they are young (30ish and under), confident, optimistic, diverse, technologically proficient, eager, strong, powerful...

Gen Y: Learn to live with stock market risk

In the University of Western Ontario employee pension plan, the youngest members are among the most safety-conscious as investors. The younger you are, the better positioned you are to live with stock market risk. And yet, Western employees under 25 have an average 58.8 per cent of their portfolio …