Millennials are often given a hard time about money, and with good reason, if recent research by the office of national statistics is anything to go by.
The findings of the report published this week, highlights that young people in the UK, have little if any appetite for putting money away - with more than half of 22 to 29-year-olds living with no savings at all, and a large proportion of those that do save having less than £1000 put away.
With negative messages in the media about the viability of homeownership amongst the young, it's little surprise, but clearly, some pecuniary education is required to ensure the future stability of the overall economy.
A good start would be to make George Clason's classic, "The Richest Man in Babylon" compulsory reading for all school leavers and graduates.
And those recent graduates and career starters could do worse than set their sights on a career in B2B sales, where one can earn an additional bonus each month to put towards the mortgage deposit fund, making the elusive dream of home ownership in your 20s a tangible reality.
For our latest entry level sales executive positions, click here.
“Boosting the savings culture in the UK is of paramount importance. Younger generations need to have it instilled in them that having a healthy savings account is essential,”