Boomers and millennials have followed very different financial paths as a result of the decades when they came of age, entered the workforce and more. Boomers built wealth with steady jobs, cheaper housing and decades in the market, then protected it with habits like paying themselves first and avoiding high-interest debt. Millennials came of age in the Great Recession, carry more student loans and face higher housing costs, but they’re quick to automate, use low-cost index funds and hunt for better rates from their phones.
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