Average Millennials Have Less Than $5,000 In Savings

What is life like for a millennial?
For most, Business Insider says that it is financially tough.
The average American millennial is behind, from an economics standpoint due to student debt, lower wages and higher costs of living, and the financial crisis.
Here are some financial facts about the average millennial in America, which falls under the category of being 18-34 years old.
1. 45% of all millennials have lots of student loan debt.