Millennials or Gen Yers are a perfect example of how the passing of time produces a generation with different sets of values and beliefs. For example, among millennials, there’s that notion that it’s not wrong to spend money on things that help them in their everyday life. These might include the latest gadgets such as mobile phones, tablets, or laptops.

The following infographic by Cashalo contains several other examples of how and where the Gen Yers are saving, spending, or investing their money as well as why their financial perspective veers from other generations’ money practices.

[Click here for full size version]

Millennials & Money: What the Numbers Reveal About Gen Y’s Spending and Investing Habits

David Wallace

David Wallace is a search & social media marketer who lives in Ahwatukee Arizona with his lovely wife. Interests & hobbies include all things Disney, roller coasters, musicianship and Christianity. Follow +David Wallace on Google + as well as Twitter.

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