Gen Y most receptive to financial advice
January 8, 2014 by Michael S. Fischer
Financial advice has a strong influence on the savings and spending habits of a majority of young adults who seek it, according to a recent survey from TIAA-CREF.
The survey, conducted between Aug. 28 and Sept. 2 by KRC Research, polled a random sample of 1,000 American adults on their attitudes, preferences and behaviors about receiving financial advice.
Twenty-eight percent of the sample was between the ages of 18 and 34, the group known as Millennials or Gen Y. Click here to read…