Research Shows Millennials Hate Debt

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In a recent report, Facebook researchers revealed that millennials don’t like debt or credit cards.

“Millennials are diligent in paying down debt, careful with credit cards and dedicated to accumulated savings,” they wrote. “The burden of debt weighs so heavily that millennials have redefined financial success around it, with 46 percent saying that financial success means being debt free.”

The report looks at how Americans on Facebook between the ages of 21 and 34 deal with their money.

Image via Flickr/Elizabeth Hahn

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