Survey: 65% Of Millennials Say Virus Was Good For Finances

By insurancenewsnet

COVID-19 has provided an unexpected boon to Millennial and Generation Z finances, according to a national survey of more than 2,000 U.S adults (aged 18-39) by Money Under 30.

The survey found that two out of three (65%) Millennials say the pandemic had a positive effect on their finances, with 69% spending less money overall, even as boredom (40%) and depression (20%) contributed to a significant uptick in online shopping, both groceries (53%) and non-essential items (57%).

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