From #FOMO to #JOMO
For many, social media can present envy-induced anxiety often referred to as FOMO (Fear of Missing Out). Discover why some are opting out of jam-packed weekends for a quieter experience or JOMO (Joy of Missing Out).
Millennials are flooding the workplace, establishing homes, starting families and engaging in decisions about how to spend their money as well influencing how their parents spend theirs. It’s time for financial professionals to start considering Millennials an important and viable part of their practice.
1Shullman Research Center. (2014, March). Millionaires Have Their Own Generation Gap.
2 Wells Fargo. (2014). Millennials and Money.
3 Tan, A. (2014, June). Millennials Face Financial Hurdles.
4 Northwestern Mutual, 2014 Planning and Progress Study. (2014).
5 Generation D: An Emerging and Important Investor Segment. (2013).
6 15 Economic Facts about Millennials. The Council of Economic Advisers. (2014, October).
7 Harris Interactive and Deloitte. (2013, January).
8 Hill, C. (2014, October 8). 1 in 4 Millennials ‘Trust no one’ for Money Advice.
This information is prepared by an unrelated independent third party, BridgeWorks, and is provided for informational purposes only. Ivy Distributors, Inc., believes the information has been obtained from sources considered to be reliable, but does not guarantee the accuracy of the information provided.