To invest or not to invest, that is the question. Financial literacy is an important topic, regardless of age. Financial literacy goes beyond balancing a checkbook or making price comparisons. Being able to plan for a financial future is also an important aspect of fiscal responsibility (What is Financial Literacy). However, young people today, often referred to as Millennials, have challenges when considering the topic of investing their money for the future that their parents, the Baby Boomers, didn’t have. They face some challenges unique to this post-Depression, post-Recession era. However, regardless of the societal views or peer pressure they are experiencing, the youth of today should consider the importance of making long-term investments. …show more content…
He offers several compelling reasons that young people will want to consider. In his introduction he states that “Many young adults don’t take time to understand how to invest wisely… because they are concerned about the here-and-now, not the future” (Seabury). Societal views of Millennials are not very flattering: narcissistic, materialistic, and entitled are words that are often associated with this group (Stein). None of these words imply and interest beyond the here-and-now, which supports Seabury’s statement. Being able to impress on today’s youth how to focus forward financially will not only offer some security for the future but help to adjust a mindset that limits growth in