Law Practice
Sep. 17, 2019
Millennial money culture: guided by fantasy (Instagram/social media), poor economic conditions, uncertainty, and a lot more enjoyment
Why is this generation struggling financially to stay afloat, get ahead, and live a life better than their parents?
Joel Sherwin
Joel is a business lawyer with entrepreneurial, executive management and operations experience. Joel regularly advises financial technology, payments, and e-commerce companies, along with banks and prepaid program managers on strategic partnerships, product development, payment monetization and settlement, commercial transactions and regulatory requirements including consumer privacy, BSA/AML and KYC.
Stop me if you haven't heard of these companies: Facebook, Instagram, Pinterest, The Honest Company, Airbnb, Lyft, Spotify, Snapchat and Tinder. Each of these companies were started by millennial founder(s). According to Pew Research, millennials are on course to become the most educated generation in American history. So despite the genius founders at the top and more education, why is this generation struggling financially to stay afloat, get ahead, and live a life ...
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