QoD: Can you name ONE of the top 3 financial goals for millennials?

Feb 17, 2019
Question of the Day, Savings, Behavioral Finance


  1. Earning a grad/Master's Degree
  2. Buying a car
  3. Getting married


  • Do you think that financial goals are important?
  • What are three of your immediate financial goals that you want to achieve in the next five years?
  • Pick ONE of those three goals and spend 5 minutes brainstorming the steps you need to take to accomplish it. 
  • How do you think your financial goals might be different 10 years from now? 

Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (Visual Capitalist): 

Of the respondents, a majority of 68.1% is employed full-time while another 27.6% identified as students. The remaining 4.2% is employed part-time or answered “other”.

Financial goals for these respondents were quite diversified, as seen above.

It’s worth keeping in mind that people in this segment can be at very different stages in their lives. Those at the lower end (18-22 years) are just starting their adult years, while those at the higher end (30-35 years) can be quite a ways into their professional careers.


Here's an NGPF activity to get students to operationalize their savings goals, Create: Your Savings Goals




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.