Why pay when you don’t have to
July 18th, 2008 by 
scottkwilder Gen Y is definitely thinking about saving its pennies. Check out Mint.com or QuickenOnline.com to see some of the websites it is using to track their funds.
Mintel research recently came out with a research study stating that Generation Y–defined as people born between 1977 and 1994–make up only about 5% of financial advisors’ client base.
This might lead you to think that there is a big opportunity for Investment Banks to have their financial advisers target Gen Y.
Not so fast on that one…
I believe that Gen Y would rather do it themselves. Or would rather learn from their peers vs. some old financial advisor.
There are so many sites like the ones mentioned above that provide lots of free information. There are also some good personal finance blogs, such as www.IWillTeachYouToBeRich.com
Why pay when you don’t have to?
Yes, there is such thing as a free lunch…
