Are millennials financially savvy, or arethey 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 financiallysavvy than their current reputations indicate, Bankrateis saying that they either are not savvy enough to be in the stockmarket or don’t have enough disposable income to invest.
Credit Karma provides free credit scores (although not the FICOscores used by most banks) and credit monitoring to consumers,albeit with the assistance of targeted advertising that recommendsfinancial products to users based on the information they provide.Those ads and recommendations are how Credit Karma pays itsbills.
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