July 15, 2021
By America Saves and the University of Minnesota
This NEFE-funded project, in partnership with America Saves and completed by the University of Minnesota, explores existing research on the factors that influence emerging adults’ financial behaviors and decision-making. The authors summarize research looking at socialization, demographic factors and individual characteristics of emerging adults. Finally, the report offers suggestions for further research topics, such as the group differences among demographic factors to determine if these differences impact financial decision-making processes and outcomes.