Frazier Allen talks about Connecting Two Generations
August 23, 2015
Boomers and millennials have similar attitudes about money
Clarksville, TN – Grandparents, get ready to share your money memories. Maybe it’s the commonalities of post-Depression and post-recession saving mentalities. Or maybe being a generation away soothes the pressures of parental advice and control. Whatever the reason, millennials crave financial guidance from their grandparents.
Millennials saw the recession firsthand. They have high levels of student debt, continue to receive parental financial support into and beyond their college years, and more than half are living paycheck-to-paycheck. With that comes a slight chance to create long-term savings.
Tennessee Department of the Treasury says celebrate Easter by Building a College Savings Nest Egg
April 16, 2014
Nashville, TN – Easter is a time when children look forward to chocolate eggs. But there’s another gift that people can give to children, grandchildren or other young friends and relatives this holiday season. And, unlike the chocolate that often disappears before dinner, this gift can last a lifetime.
“While it’s great to give children candy eggs to celebrate Easter, I also encourage Tennesseans to consider starting college savings nest eggs for their loved ones,” State Treasurer David H. Lillard, Jr. said. “One great way to do that is through the Treasury Department’s TNStars College Savings 529 Program. Setting up an account is easy – in fact, it can be done online – and there are tax benefits for those who do.” [Read more]
