A Pandemic Financial Guide for Millennials

A Pandemic Financial Guide for Millennials

Younger people were hit particularly hard by the economic crisis. Whether or not you were greatly affected, here are ways to manage your finances during the pandemic.Credit...Rose WongBy Sara AridiSeveral months into the coronavirus crisis, millions of Americans are still suffering from the economic fallout. Younger people are in an especially tough spot.Millennials, or those in their mid-20s to late-30s, have accumulated considerably less wealth than previous generations had at similar stages in life, and many older millennials suffered during the Great Recession only to face the current crisis a decade later. “They already had entered into the job market at somewhat of a disadvantage,” said Kimberly Palmer, a personal finance expert at NerdWallet. “This is like a double whammy.”Younger Americans also experienced significant losses this year. A Wall Street