Deprecated: Hook jetpack_pre_connection_prompt_helpers is deprecated since version jetpack-13.2.0 with no alternative available. in /hermes/bosnacweb04/bosnacweb04ay/b1602/nf.whysel/public_html/decisionfish.com/wp-includes/functions.php on line 6078

Warning: Cannot modify header information - headers already sent by (output started at /hermes/bosnacweb04/bosnacweb04ay/b1602/nf.whysel/public_html/decisionfish.com/wp-includes/functions.php:6078) in /hermes/bosnacweb04/bosnacweb04ay/b1602/nf.whysel/public_html/decisionfish.com/wp-includes/rest-api/class-wp-rest-server.php on line 1831

Warning: Cannot modify header information - headers already sent by (output started at /hermes/bosnacweb04/bosnacweb04ay/b1602/nf.whysel/public_html/decisionfish.com/wp-includes/functions.php:6078) in /hermes/bosnacweb04/bosnacweb04ay/b1602/nf.whysel/public_html/decisionfish.com/wp-includes/rest-api/class-wp-rest-server.php on line 1831

Warning: Cannot modify header information - headers already sent by (output started at /hermes/bosnacweb04/bosnacweb04ay/b1602/nf.whysel/public_html/decisionfish.com/wp-includes/functions.php:6078) in /hermes/bosnacweb04/bosnacweb04ay/b1602/nf.whysel/public_html/decisionfish.com/wp-includes/rest-api/class-wp-rest-server.php on line 1831

Warning: Cannot modify header information - headers already sent by (output started at /hermes/bosnacweb04/bosnacweb04ay/b1602/nf.whysel/public_html/decisionfish.com/wp-includes/functions.php:6078) in /hermes/bosnacweb04/bosnacweb04ay/b1602/nf.whysel/public_html/decisionfish.com/wp-includes/rest-api/class-wp-rest-server.php on line 1831

Warning: Cannot modify header information - headers already sent by (output started at /hermes/bosnacweb04/bosnacweb04ay/b1602/nf.whysel/public_html/decisionfish.com/wp-includes/functions.php:6078) in /hermes/bosnacweb04/bosnacweb04ay/b1602/nf.whysel/public_html/decisionfish.com/wp-includes/rest-api/class-wp-rest-server.php on line 1831

Warning: Cannot modify header information - headers already sent by (output started at /hermes/bosnacweb04/bosnacweb04ay/b1602/nf.whysel/public_html/decisionfish.com/wp-includes/functions.php:6078) in /hermes/bosnacweb04/bosnacweb04ay/b1602/nf.whysel/public_html/decisionfish.com/wp-includes/rest-api/class-wp-rest-server.php on line 1831

Warning: Cannot modify header information - headers already sent by (output started at /hermes/bosnacweb04/bosnacweb04ay/b1602/nf.whysel/public_html/decisionfish.com/wp-includes/functions.php:6078) in /hermes/bosnacweb04/bosnacweb04ay/b1602/nf.whysel/public_html/decisionfish.com/wp-includes/rest-api/class-wp-rest-server.php on line 1831

Warning: Cannot modify header information - headers already sent by (output started at /hermes/bosnacweb04/bosnacweb04ay/b1602/nf.whysel/public_html/decisionfish.com/wp-includes/functions.php:6078) in /hermes/bosnacweb04/bosnacweb04ay/b1602/nf.whysel/public_html/decisionfish.com/wp-includes/rest-api/class-wp-rest-server.php on line 1831
{"id":1900,"date":"2017-02-09T08:53:15","date_gmt":"2017-02-09T13:53:15","guid":{"rendered":"http:\/\/www.decisionfish.com\/?p=1900"},"modified":"2022-08-01T10:49:54","modified_gmt":"2022-08-01T14:49:54","slug":"millennials","status":"publish","type":"post","link":"https:\/\/www.decisionfish.com\/millennials\/","title":{"rendered":"Help Millennials Make Better Financial Decisions"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">On January 31st, Decision Fish led a lively session on how to <\/span><a href=\"https:\/\/www.eventbrite.com\/e\/help-millennials-make-better-financial-decisions-tickets-31320974879#\"><span style=\"font-weight: 400;\">Help Millennials Make Better Financial Decisions<\/span><\/a><span style=\"font-weight: 400;\"> as part of Impact Hub NYC\u2019s <\/span><a href=\"http:\/\/nyc.impacthub.net\/100days\/\"><span style=\"font-weight: 400;\">100 Days of Impact<\/span><\/a><span style=\"font-weight: 400;\"> program. 100 Days of Impact is intended to figure out what we can do as a community to address concerns and make an impact in an era of fear, uncertainty and doubt. We recommend that our readers in New York City participate in future workshops.<\/span><\/p>\n<p><span style=\"font-family: 'Playfair Display', georgia, serif; font-size: 26px; font-weight: bold;\">Planning for an Uncertain Future<\/span><\/p>\n<p><a href=\"https:\/\/www.nytimes.com\/2016\/10\/21\/your-money\/im-29-and-i-never-learned-how-money-works-its-time-to-fix-that.html?_r=0\">Tim Herrera<\/a>, the &#8220;Your Money&#8221; columnist for the New York Times, reported in October 2016 that only <b>24 percent of millennials have \u201cbasic financial knowledge<\/b>,\u201d and just 27 percent are getting professional financial help, according to a <a href=\"http:\/\/www.pwc.com\/us\/en\/about-us\/corporate-responsibility\/assets\/pwc-millennials-and-financial-literacy.pdf\">study<\/a>&nbsp;from George Washington University\u2019s Global Financial Literacy Excellence Center and PricewaterhouseCoopers. Half of millennials are concerned about student loan debt, nearly half couldn\u2019t come up with $2,000 in 30 days in case of an emergency and only a third are satisfied with their financial situation, according to the study.<\/p>\n<p><span style=\"font-weight: 400;\">All of this is even before the uncertainty under Trump&#8217;s&nbsp;administration. How will this administration&#8217;s proposed changes affect Millennials who are already struggling? <\/span><b>The goal of our workshop was to provide millennials tools they can use to make wise financial decisions<\/b><span style=\"font-weight: 400;\">, as well as to ease concerns about the uncertainty and to uncover hidden opportunities.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Given that we were only ten days into the new administration, uncertainty around these changes was rather high. Questions abounded, such as as whether the <\/span><a href=\"https:\/\/www.federalregister.gov\/documents\/2016\/04\/08\/2016-07924\/definition-of-the-term-fiduciary-conflict-of-interest-rule-retirement-investment-advice\"><span style=\"font-weight: 400;\">Fiduciary Rule<\/span><\/a><span style=\"font-weight: 400;\">, signed in June 2016 to protect consumers from conflicts of interest in retirement planning, will be upheld and whether&nbsp;the <\/span><a href=\"http:\/\/www.consumerfinance.gov\"><span style=\"font-weight: 400;\">Consumer Financial Protection Bureau<\/span><\/a><span style=\"font-weight: 400;\">, which protects consumers from abusive practices and provides tools for making smart financial decisions, will continue to be funded.<\/span><\/p>\n<p>We began by discussing how uncertainty about a variety of potential changes in financial regulations is universally high and then drilled down to specific concerns of the millennial generation. Workshop attendees were predominantly millennials, with a few Generation Xers.<\/p>\n<p><b>Key financial challenges that millennials face with respect to debt, saving, spending and planning include the following: <\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Student loan debt totals $1.4 Trillion in the US; and rising.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Mistrust is high; between \u201calternative facts\u201d and the fear of financial firms profiting off our ignorance, how do we know whom to trust?<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Low signal to noise ratio; an abundance of information mixed in with marketing, can be overwhelming and confusing.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Obamacare&nbsp;may get repealed; will we be able to afford healthcare?<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Unemployment is low now, but will proposed deregulation improve future job security?<\/span><\/li>\n<\/ul>\n<p>In addition to these external challenges, cognitive bias is a challenge that comes from within. <strong>We discussed some of the cognitive biases that get in the way of making sound financial decisions<\/strong>. Fear of uncertainty, of missing out on a good deal, of being exposed to our peers as financial novices, present bias, choice\/information overload, inattention and procrastination were all concerns that workshop attendees brought up.<\/p>\n<h3>Framing the Decision-Making Process<\/h3>\n<p>To address uncertainty, it is helpful to follow a framework for decision-making that considers potentially unknown challenges. The <a href=\"https:\/\/en.wikipedia.org\/wiki\/OODA_loop\">OODA Loop<\/a>, developed by Colonel John Boyd of the U.S. Air Force, describes <strong>a process for decision-making as a feedback loop between observation and action<\/strong> in which decisions are oriented by various aspects of known information and past experiences. The orientation is continually updated based on unfolding circumstances and interactions within the environment.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium_large wp-image-1901\" src=\"https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2017\/02\/OODA.Boyd_.svg_.png?resize=768%2C314&#038;ssl=1\" alt=\"OODA Framework, Developed by Col. John Boyd of the US Air Force\" width=\"768\" height=\"314\" srcset=\"https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2017\/02\/OODA.Boyd_.svg_.png?resize=768%2C314&amp;ssl=1 768w, https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2017\/02\/OODA.Boyd_.svg_.png?resize=300%2C123&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2017\/02\/OODA.Boyd_.svg_.png?resize=1024%2C419&amp;ssl=1 1024w, https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2017\/02\/OODA.Boyd_.svg_.png?resize=192%2C79&amp;ssl=1 192w, https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2017\/02\/OODA.Boyd_.svg_.png?w=1280&amp;ssl=1 1280w\" sizes=\"(max-width: 768px) 100vw, 768px\" data-recalc-dims=\"1\" \/><\/p>\n<p>In the OODA Loop framework, it is assumed that circumstances and interactions result directly from actions of adversaries, but they can often be circumvented by the habits and biases of an individual that prevent the actor from considering new and changing information. <strong>Without adequately processing the feedback, we may jump from directly from observation to action to our detriment<\/strong>.<\/p>\n<p>As we discussed the <strong>Challenges, Characters and Components of the financial decision-making landscape<\/strong>, we drew a chart to come up with the Characteristics of a good outcome. These Four Cs are shown in the image below.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium_large wp-image-1903\" src=\"https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2017\/02\/4Cs-financial-security-1.jpg?resize=768%2C871&#038;ssl=1\" alt=\"4Cs of financial security for Millennials\" width=\"768\" height=\"871\" srcset=\"https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2017\/02\/4Cs-financial-security-1.jpg?resize=768%2C871&amp;ssl=1 768w, https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2017\/02\/4Cs-financial-security-1.jpg?resize=264%2C300&amp;ssl=1 264w, https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2017\/02\/4Cs-financial-security-1.jpg?resize=903%2C1024&amp;ssl=1 903w, https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2017\/02\/4Cs-financial-security-1.jpg?resize=169%2C192&amp;ssl=1 169w, https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2017\/02\/4Cs-financial-security-1.jpg?w=1651&amp;ssl=1 1651w\" sizes=\"(max-width: 768px) 100vw, 768px\" data-recalc-dims=\"1\" \/><\/p>\n<p><b>Components<\/b> of financial decisions for Millennials include savings, student loans, literacy training, credit cards and prepaid cards, budgets and nudges, or the default settings and reminders that affect our actions. There may be many more components, each affected by its own set of constraints and opportunities.<\/p>\n<p><b>Characteristics<\/b> of a desired outcome include a secure retirement, productivity-enabling technologies, automated actions, financial literacy and awareness, the ability to track expenses and a growing preference among Millennials for experiences over material goods. Someone mentioned robo-advisors as an example of a helpful technology, but that may be concerning if the underlying algorithms are not transparent or understood well by the user.<\/p>\n<p><b>Challenges<\/b>, discussed above, include debt, mistrust, &#8220;alternative facts&#8221; or noise and misinformation, uncertainty around the future of healthcare, choice overload and cognitive biases.<\/p>\n<p><b>Characters<\/b> include all of the individuals and entities involved in helping make a financial decision. These include the individual making a decision, lenders, bursars, insurers, advisors, brokers, parents and other people who have been there, as well as organizations like the CFPB and the Trump Administration.<\/p>\n<p>At one point, an attendee added a fifth C: <b>Catastrophes<\/b> on the horizon. These additional challenges highlight concerns about uncertain future outcomes and led to a lively discussion of the fears Millennials have about external factors over which they may not have control: loss of healthcare, loss of financial protections, the potential institution of a national austerity budget or even war.<\/p>\n<h3><strong>What Can We Do Today?<\/strong><\/h3>\n<p>After some discussion, we came up with the following things we can do to make an impact.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium_large wp-image-1904\" src=\"https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2017\/02\/Checklist-financial-security.jpg?resize=768%2C1028&#038;ssl=1\" alt=\"Checklist for improving Millennial's financial decision-making\" width=\"768\" height=\"1028\" srcset=\"https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2017\/02\/Checklist-financial-security.jpg?resize=768%2C1028&amp;ssl=1 768w, https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2017\/02\/Checklist-financial-security.jpg?resize=224%2C300&amp;ssl=1 224w, https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2017\/02\/Checklist-financial-security.jpg?resize=765%2C1024&amp;ssl=1 765w, https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2017\/02\/Checklist-financial-security.jpg?resize=143%2C192&amp;ssl=1 143w, https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2017\/02\/Checklist-financial-security.jpg?w=1936&amp;ssl=1 1936w\" sizes=\"(max-width: 768px) 100vw, 768px\" data-recalc-dims=\"1\" \/><\/p>\n<ol>\n<li><b>Financial Education<\/b><span style=\"font-weight: 400;\">: Create formal programs and apps to educate people about financial decision-making. (Shameless plug for <a href=\"https:\/\/www.decisionfish.com\/engage\/\">Decision Fish&#8217;s app<\/a> here)<\/span><\/li>\n<li><b>Community Programs<\/b>: Get financial education into community centers, high schools, libraries, immigration and language centers and other community organizations.<\/li>\n<li>Create and promote resources&nbsp;provided by the <b>Consumer Financial Protection Bureau<\/b>. Protect and monitor the availability of CFPB resources and archive them in case the bureau is defunded.<\/li>\n<li><b>Discuss finances<\/b> with friends to create a comfort level around what we know and don&#8217;t know about money.<\/li>\n<li>Create a &#8220;<b>financial GPS<\/b>&#8221; to monitor and inform people about their daily spending habits.<\/li>\n<li><b>Develop a guide for student debt<\/b> that addresses present bias, or the tendency to prioritize near term gains over long term security.<\/li>\n<li>Encourage your company to set up a <b>student loan forgiveness <\/b>program.<\/li>\n<li>Set up&nbsp;a <b>daily bank balance reminder<\/b>.<\/li>\n<li><b>Start guidance early<\/b>: teach financial literacy in high school or even earlier.<\/li>\n<li>Sign up for <b>automated savings <\/b>where available.<\/li>\n<li><b>Invest in social lending<\/b> programs, like Kiva, to give underserved borrowers a leg up.<\/li>\n<\/ol>\n<p>Of these ideas, workshop attendees felt the most effective way to make an immediate impact was to talk to their friends about what they learned, and to be alert for possible changes to Federal financial regulations. Keeping each other informed, sharing new apps and resources and asking honest questions is a way for Millennials to manage the doubt and insecurity around their financial futures. Knowing that we are not alone is a good lesson to take away from our activity.<\/p>\n<p><i>Written by <a href=\"http:\/\/www.whysel.com\">Noreen Whysel<\/a><\/i><\/p>\n<h4><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.decisionfish.com\/engage\/\">Sign up for updates<\/a> or to try our our app prototype.<\/span><\/h4>\n<h3>Learn More<\/h3>\n<p><span style=\"font-weight: 400;\">Learn more and sign up for Impact Hub NYC\u2019s 100 Days of Impact at <\/span><a href=\"http:\/\/nyc.impacthub.net\/100days\/\"><span style=\"font-weight: 400;\">http:\/\/nyc.impacthub.net\/100days\/<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Learn about tools for framing observations and actions, sourced from Dave Gray&#8217;s <\/span><a href=\"http:\/\/gamestorming.com\/\"><span style=\"font-weight: 400;\">Gamestorming<\/span><\/a><span style=\"font-weight: 400;\"> exercises:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The 4 Cs: <\/span><a href=\"http:\/\/www.designgames.com.au\/4cs\/\"><span style=\"font-weight: 400;\">http:\/\/www.designgames.com.au\/4cs\/<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Create a matrix of Components, Challenges, Characters involved in decision-making and the Characteristics of a good outcome.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Actions for Retrospectives: <\/span><a href=\"http:\/\/gamestorming.com\/games-for-any-meeting\/actions-for-retrospectives\/\"><span style=\"font-weight: 400;\">http:\/\/gamestorming.com\/games-for-any-meeting\/actions-for-retrospectives\/<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Similar to 4Cs, Actions for Retrospectives helps you review past events or decisions and create future actions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Spectrum Mapping: <\/span><a href=\"http:\/\/gamestorming.com\/games-for-decision-making\/spectrum-mapping\/\"><span style=\"font-weight: 400;\">http:\/\/gamestorming.com\/games-for-decision-making\/spectrum-mapping\/<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Prioritize ideas along a team-defined scale.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Impact and Effort Matrix: <\/span><a href=\"http:\/\/gamestorming.com\/games-for-decision-making\/impact-effort-matrix-2\/\"><span style=\"font-weight: 400;\">http:\/\/gamestorming.com\/games-for-decision-making\/impact-effort-matrix-2\/<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Frame a goal in terms of a \u201cWhat to do\u201d or \u201cWhat we need\u201d question and prioritize outcomes by highest impact and least effort.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Impact Hub NYC interviews Decision Fish (with apologies for the 90 degree tilt &#8211; we will update if Impact Hub uploads a corrected video) <\/span><a href=\"https:\/\/www.facebook.com\/impacthubnyc\/videos\/1562798330401295\"><span style=\"font-weight: 400;\">https:\/\/www.facebook.com\/impacthubnyc\/videos\/1562798330401295<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On January 31st, Decision Fish led a lively session on how to Help Millennials Make Better Financial Decisions as part of Impact Hub NYC\u2019s 100 Days of Impact program. 100 Days of Impact is a community program to find out what we can do as a community to address concerns and make an impact.<\/p>\n","protected":false},"author":2,"featured_media":1911,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[102],"tags":[4,5,14,55,89,60],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Help Millennials Make Better Financial Decisions &#8211; Decision Fish: Decide For Yourself<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.decisionfish.com\/millennials\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Help Millennials Make Better Financial Decisions &#8211; Decision Fish: Decide For Yourself\" \/>\n<meta property=\"og:description\" content=\"On January 31st, Decision Fish led a lively session on how to Help Millennials Make Better Financial Decisions as part of Impact Hub NYC\u2019s 100 Days of Impact program. 100 Days of Impact is a community program to find out what we can do as a community to address concerns and make an impact.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.decisionfish.com\/millennials\/\" \/>\n<meta property=\"og:site_name\" content=\"Decision Fish: Decide For Yourself\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/facebook.com\/decisionfish\" \/>\n<meta property=\"article:published_time\" content=\"2017-02-09T13:53:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-01T14:49:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2017\/02\/20140921_5395.jpg?fit=2000%2C1333&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"1333\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Noreen Whysel\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@decisionfish\" \/>\n<meta name=\"twitter:site\" content=\"@decisionfish\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Noreen Whysel\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.decisionfish.com\/millennials\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.decisionfish.com\/millennials\/\"},\"author\":{\"name\":\"Noreen Whysel\",\"@id\":\"https:\/\/www.decisionfish.com\/#\/schema\/person\/b9e73c1909c12f254c83c263559feaff\"},\"headline\":\"Help Millennials Make Better Financial Decisions\",\"datePublished\":\"2017-02-09T13:53:15+00:00\",\"dateModified\":\"2022-08-01T14:49:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.decisionfish.com\/millennials\/\"},\"wordCount\":1351,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.decisionfish.com\/#organization\"},\"keywords\":[\"behavioral economics\",\"bias\",\"decisions\",\"finance\",\"millennials\",\"policy\"],\"articleSection\":[\"Financial Wellness\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.decisionfish.com\/millennials\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.decisionfish.com\/millennials\/\",\"url\":\"https:\/\/www.decisionfish.com\/millennials\/\",\"name\":\"Help Millennials Make Better Financial Decisions &#8211; Decision Fish: Decide For Yourself\",\"isPartOf\":{\"@id\":\"https:\/\/www.decisionfish.com\/#website\"},\"datePublished\":\"2017-02-09T13:53:15+00:00\",\"dateModified\":\"2022-08-01T14:49:54+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.decisionfish.com\/millennials\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.decisionfish.com\/millennials\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.decisionfish.com\/millennials\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.decisionfish.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Help Millennials Make Better Financial Decisions\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.decisionfish.com\/#website\",\"url\":\"https:\/\/www.decisionfish.com\/\",\"name\":\"Decision Fish: Decide For Yourself\",\"description\":\"Decision Fish: Decide For Yourself\",\"publisher\":{\"@id\":\"https:\/\/www.decisionfish.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.decisionfish.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.decisionfish.com\/#organization\",\"name\":\"Decision Fish LLC\",\"url\":\"https:\/\/www.decisionfish.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.decisionfish.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2016\/02\/logo-final-vrcopy-page-large-e1455550951300.jpg?fit=1493%2C939\",\"contentUrl\":\"https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2016\/02\/logo-final-vrcopy-page-large-e1455550951300.jpg?fit=1493%2C939\",\"width\":1493,\"height\":939,\"caption\":\"Decision Fish LLC\"},\"image\":{\"@id\":\"https:\/\/www.decisionfish.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"http:\/\/facebook.com\/decisionfish\",\"https:\/\/twitter.com\/decisionfish\",\"https:\/\/www.linkedin.com\/company\/decision-fish-llc\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.decisionfish.com\/#\/schema\/person\/b9e73c1909c12f254c83c263559feaff\",\"name\":\"Noreen Whysel\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.decisionfish.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/5790414d6321ee849efd8bb78a48814e?s=96&d=monsterid&r=pg\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/5790414d6321ee849efd8bb78a48814e?s=96&d=monsterid&r=pg\",\"caption\":\"Noreen Whysel\"},\"sameAs\":[\"http:\/\/www.whysel.com\"],\"url\":\"https:\/\/www.decisionfish.com\/author\/noreen\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Help Millennials Make Better Financial Decisions &#8211; Decision Fish: Decide For Yourself","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.decisionfish.com\/millennials\/","og_locale":"en_US","og_type":"article","og_title":"Help Millennials Make Better Financial Decisions &#8211; Decision Fish: Decide For Yourself","og_description":"On January 31st, Decision Fish led a lively session on how to Help Millennials Make Better Financial Decisions as part of Impact Hub NYC\u2019s 100 Days of Impact program. 100 Days of Impact is a community program to find out what we can do as a community to address concerns and make an impact.","og_url":"https:\/\/www.decisionfish.com\/millennials\/","og_site_name":"Decision Fish: Decide For Yourself","article_publisher":"http:\/\/facebook.com\/decisionfish","article_published_time":"2017-02-09T13:53:15+00:00","article_modified_time":"2022-08-01T14:49:54+00:00","og_image":[{"width":2000,"height":1333,"url":"https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2017\/02\/20140921_5395.jpg?fit=2000%2C1333&ssl=1","type":"image\/jpeg"}],"author":"Noreen Whysel","twitter_card":"summary_large_image","twitter_creator":"@decisionfish","twitter_site":"@decisionfish","twitter_misc":{"Written by":"Noreen Whysel","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.decisionfish.com\/millennials\/#article","isPartOf":{"@id":"https:\/\/www.decisionfish.com\/millennials\/"},"author":{"name":"Noreen Whysel","@id":"https:\/\/www.decisionfish.com\/#\/schema\/person\/b9e73c1909c12f254c83c263559feaff"},"headline":"Help Millennials Make Better Financial Decisions","datePublished":"2017-02-09T13:53:15+00:00","dateModified":"2022-08-01T14:49:54+00:00","mainEntityOfPage":{"@id":"https:\/\/www.decisionfish.com\/millennials\/"},"wordCount":1351,"commentCount":0,"publisher":{"@id":"https:\/\/www.decisionfish.com\/#organization"},"keywords":["behavioral economics","bias","decisions","finance","millennials","policy"],"articleSection":["Financial Wellness"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.decisionfish.com\/millennials\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.decisionfish.com\/millennials\/","url":"https:\/\/www.decisionfish.com\/millennials\/","name":"Help Millennials Make Better Financial Decisions &#8211; Decision Fish: Decide For Yourself","isPartOf":{"@id":"https:\/\/www.decisionfish.com\/#website"},"datePublished":"2017-02-09T13:53:15+00:00","dateModified":"2022-08-01T14:49:54+00:00","breadcrumb":{"@id":"https:\/\/www.decisionfish.com\/millennials\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.decisionfish.com\/millennials\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.decisionfish.com\/millennials\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.decisionfish.com\/"},{"@type":"ListItem","position":2,"name":"Help Millennials Make Better Financial Decisions"}]},{"@type":"WebSite","@id":"https:\/\/www.decisionfish.com\/#website","url":"https:\/\/www.decisionfish.com\/","name":"Decision Fish: Decide For Yourself","description":"Decision Fish: Decide For Yourself","publisher":{"@id":"https:\/\/www.decisionfish.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.decisionfish.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.decisionfish.com\/#organization","name":"Decision Fish LLC","url":"https:\/\/www.decisionfish.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.decisionfish.com\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2016\/02\/logo-final-vrcopy-page-large-e1455550951300.jpg?fit=1493%2C939","contentUrl":"https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2016\/02\/logo-final-vrcopy-page-large-e1455550951300.jpg?fit=1493%2C939","width":1493,"height":939,"caption":"Decision Fish LLC"},"image":{"@id":"https:\/\/www.decisionfish.com\/#\/schema\/logo\/image\/"},"sameAs":["http:\/\/facebook.com\/decisionfish","https:\/\/twitter.com\/decisionfish","https:\/\/www.linkedin.com\/company\/decision-fish-llc\/"]},{"@type":"Person","@id":"https:\/\/www.decisionfish.com\/#\/schema\/person\/b9e73c1909c12f254c83c263559feaff","name":"Noreen Whysel","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.decisionfish.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/5790414d6321ee849efd8bb78a48814e?s=96&d=monsterid&r=pg","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5790414d6321ee849efd8bb78a48814e?s=96&d=monsterid&r=pg","caption":"Noreen Whysel"},"sameAs":["http:\/\/www.whysel.com"],"url":"https:\/\/www.decisionfish.com\/author\/noreen\/"}]}},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.decisionfish.com\/wp-content\/uploads\/2017\/02\/20140921_5395.jpg?fit=2000%2C1333&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6OLLM-uE","_links":{"self":[{"href":"https:\/\/www.decisionfish.com\/wp-json\/wp\/v2\/posts\/1900"}],"collection":[{"href":"https:\/\/www.decisionfish.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.decisionfish.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.decisionfish.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.decisionfish.com\/wp-json\/wp\/v2\/comments?post=1900"}],"version-history":[{"count":32,"href":"https:\/\/www.decisionfish.com\/wp-json\/wp\/v2\/posts\/1900\/revisions"}],"predecessor-version":[{"id":12674,"href":"https:\/\/www.decisionfish.com\/wp-json\/wp\/v2\/posts\/1900\/revisions\/12674"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.decisionfish.com\/wp-json\/wp\/v2\/media\/1911"}],"wp:attachment":[{"href":"https:\/\/www.decisionfish.com\/wp-json\/wp\/v2\/media?parent=1900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.decisionfish.com\/wp-json\/wp\/v2\/categories?post=1900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.decisionfish.com\/wp-json\/wp\/v2\/tags?post=1900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}