How the pandemic is changing millennial saving habits

Shounak Bagchi
3 min readNov 18, 2020

Since the creation of this cohort, millennials have been perpetually scolded for their perceived unhealthy financial habits.

Critics argue that this group is an entitled bunch of constant pleasure-seekers who sacrifice long-term financial security for short-term luxuries. Many pile up debt by living in pricey cities with low paying jobs that have minimal upward mobility.

While the criticism may not always be valid, there is no doubt millennials are in a pinch. According to The Economist, those under 35 have, on…

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Shounak Bagchi

Founder of Honest Wednesdays and pragmatic optimist.