Are millennials financially savvy, or are they too fiscally naïve to watch out for their own best interests? The answer might depend on which source you consult.
While Credit Karma is saying millennials are more financially savvy than their current reputations indicate, Bankrate is saying that they either are not savvy enough to be in the stock market or don’t have enough disposable income to invest.
Credit Karma provides free credit scores (although not the FICO scores used by most banks) and credit monitoring to consumers, albeit with the assistance of targeted advertising that recommends financial products to users based on the information they provide. Those ads and recommendations are how Credit Karma pays its bills.
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