Oct 16, 2019
Question of the Day

QoD: Order these based on which are most to least important to millennials: Instagram likes, credit scores, YouTube followers.

Hat tip to Beth Tallman for sharing this press release that led to this question of the day. 
  • Credit Scores (59%)
  • Instagram followers (48%)
  • YouTube followers (40%)

Here's the complete results:

  • Why is it important to increase your credit score? 
  • Looking at the list in the chart above, which of these ratings/scores will have a financial impact?
  • Why do you think that so many people would place higher value on increasing their social media likes compared to their credit score? Which is more visible to their friends/peers?
Behind the numbers (Experian): 
 While social media and online numbers command millennials' constant attention (19 percent say it's an obsession), 49% of those surveyed believe a credit score impacts their life the most. Fifty-nine percent of survey respondents worry about their credit scores and 52% would be disappointed if the scores went down.
Check out more credit activities on our Managing Credit unit page

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

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