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Money woes weigh on millennials’ career dreams

Data shows that millennials are worried about their financial wellness, a fact that is negatively affecting their careers.

By Marlene Y. Satter | Updated on August 18, 2016
Data shows that millennials are worried about their financial wellness, a fact that is negatively affecting their careers. (Photo: iStock)

While they’re optimistic about the future, millennials are a financially anxious group, with 1 out of every 20 worrying about money on an hourly basis — and they say it’s weighing down their careers.

That’s according to the 2016 Northwestern Mutual Planning & Progress Study, which found that millennials are less likely to expect more financial crises, with 66 percent of them predicting such woes, compared with Gen Xers, 76 percent of whom foresee additional financial meltdowns, or with Americans 50 and older, 80 percent of whom expect financial woes to come.

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