Millennials are making better decisions with their money than most people realize — and how they spend their tax refunds proves it

15 Apr by Vitaliy Dadalyan

Millennials are making better decisions with their money than most people realize — and how they spend their tax refunds proves it

Millennials are more inclined to put the extra cash toward savings, investing, and paying down debt, according to a Bank of America survey. Gen X is more likely to use the additional income for day-to-day spending. The tax bill signed by President Trump back in December resulted in a bump in take-home pay for about 90% of Americans beginning in February, according to the IRS.

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Source:: https://finance.yahoo.com/news/millennials-making-better-decisions-money-215300141.html