Young Wealth Builders
Young adults are taking care of business when it comes to personal finance. Despite reports about their financial illiteracy and indifference, some have learned from the financial meltdown of 2008 that a secure financial foundation is essential. A 2011 survey by a division of JPMorgan Chase and U.S. News &World Report shows that young adults (age 18–34) are concerned about responsible money management and want to pay down debt, spend less, save more, and create a budget. Of the 1,000 young adults surveyed, 54% said they wanted to save money.
