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Here's One Way Business Could Cater to Freaked-Out Millennials

When it comes to big ticket purchases like houses and cars, skittish young people may want a better guarantee of long-term value.

It's ok to admit that the last few years have freaked some of us out. Overall, we're all spending less money and in some cases, buying less stuff. Economist and journalist Michael Mandel, writing at the Atlantic, suggests that in the case of Millennials, it's because of a change in mentality: People are increasingly thinking of themselves as "microbusinesses" and are more concerned with risk and uncertainty than in the past. And how do you sell a spooked twenty- or thirtysomething a house?

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Back to School: Brush Up on Home Economics #30DaysofGOOD

Home economics isn't all sewing buttons and baking cakes. It's also about learning to spend money wisely.

30 Days of GOOD (#30DaysofGOOD) is our monthly attempt to live better. This month we're going "Back to School" and committing to learn something new every day.

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People Are Awesome: Chicago College Students Help High Schoolers Manage Their Money

A high school student in Chicago attended a 10 week workshop that helped him teach his parents how to budget the family funds to keep the power on.

Ted Gonder and a few friends at the University of Chicago scanned the South Side of their city at the depths of the recession back in 2009 and found poverty at its most crushing. They found liquor stores and check cashing operations. They found little sign of hope. They also found that only 13 states require students to take a financial literacy course in order to graduate high school and that the number of 18-24 year olds who declared bankruptcy has nearly doubled in the last decade.

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