Following the financial crisis, millennials are saving more than the Baby Boomers did before them, and this slowdown in spending is hurting the economy.
— Read on www.cnbc.com/2019/10/06/millennials-are-to-blame-for-sluggish-economy-raymond-james-report.html
2 thoughts on “Millennials are to blame for sluggish economy: Raymond James report”
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Since the recession government and banks have put a premium on getting people to save. TFSA?!
Do both! Save by putting it into a Rrsp first than wait for the tax refund and put that money into your TFSA. Let the refund finance part of the TFSA savings while maximizing your RRSP first.