Edinburgh Research Explorer

Mind the gap: Young adult financial capability

Research output: Contribution to specialist publicationArticle

Original languageEnglish
Pages42-45
Number of pages4
Specialist publicationThe European Financial Review
StatePublished - 5 Jan 2017

Abstract

The current generation of young adults – Millennials – are experiencing lower levels of financial capability than previous generations. Even though they are spending
more. In this article, the authors investigate and address the question: – “Why do young adults have such low levels of financial capability?”

Research areas

  • Financial capability, Young adults, financial socialization, Financial services, Financial Literacy

ID: 34752086