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Millennials share their top three overrated personal finance recommendations

Millennials share their top three overrated personal finance recommendations

Shoppers have emerged at Toronto Eaton Centre in Toronto on Dec. 26, 2019. COLE BURSTON/THE CANADIAN PRESS

Life under pandemic lockdown has upended a lot of things we take for granted, like the golden guidelines for personal finance. Gone would be the days — should they ever existed — when lowering on lattes ended up being the main element to financial freedom and steering clear of avocado toast ended up being a one-way solution to house ownership.

With restaurants, shopping, and other types of activity off the dining dining table, many Canadians are spending less, but most of us are not getting any richer. Millennials — a generation defined by financial precarity — are well conscious that many rules that are universaln’t similarly helpful for everybody else. (more…)