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SLIDESHOW: Generations & Their Different Attitudes Toward Money

Which generation is worst at managing its credit card debt?

Which generation is worst at managing its credit card debt?

We've gotta hand it to kids these days. More than 60 percent of millennials pay off their credit card balances in full. Late baby boomers, it's no surprise, are good at handling their debt, too, with 65 percent of older boomers zeroing out their card debt regularly, too. However, only 47 percent of Gen Xers pay off their credit cards each month.

SLIDESHOW: Generations & Their Different Attitudes Toward Money

Which generation is best at managing its cash flow?Which generation of parents is better prepared for college expenses?Which generation is worst at managing its credit card debt?Which generation is the least likely to have an emergency fund?Is anyone prepared for a nursing home stay?Which age group claims to be the most ready for retirement?
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