This generation is least frugal with money, and their parents could be partly to blame. investinyou (In partnership with acorns.)
div > div.group > p:first-child"> And a new survey from TD Ameritrade shows that the way your parents handled money is likely the biggest influence on how you manage your own finances now.
When broken down by generation — between millennials, Generation X and baby boomers — the youngest cohort is the most vocal about how those financial influences have shaped them, the survey found. Gen Xers, meanwhile, were most likely to say their parents had spoiled them, with 35%, compared to 28% of millennials and 8% of baby boomers.
When it comes to financial influences, millennials were more likely to turn to people aside from their parents, including other family and friends.
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