Casting Doubt on Common Perceptions: The Majority of Young Adults Paying Bills on Time and Tracking Spending; Responsibly Using Credit Cards to Establish Credit
NEWARK, Del.--(BUSINESS WIRE)--Young adults feel confident in their money management skills and demonstrate responsibility by paying bills on time, tracking their spending, and not spending more than they have, according to “Majoring in Money 2019,” the latest report from Sallie Mae and Ipsos. They are also eager to establish credit and expand their financial literacy; when put to the test, results show more education on managing finances would be beneficial.
Rick Castellano
302-451-2541
Rick.Castellano@SallieMae.com