Millennial Bill Pay Methods by Wealth Tier

Data-driven Marketing

The Millennial generation (birthdate 1981 – 2000) is handling its finances differently from earlier generations. Gone are the days of saying, “The check is in the mail,” or stopping by to personally drop off a bill payment.

So, we decided to look at the ways that Millennials pay their bills today and how their wealth tier influences their bill pay preferences.

dyk-millenial-payment-methods

Source: FinancialCohorts® and data provided by GfK MRI

Mass Affluent Millennials Webinar

Interested in learning more about the financial behaviors and preferences of Mass Affluent Millennials?

Click here to view a recording of our recent webinar where we shared tips on how to better predict which Millennials are on the path to affluence and how to best market to them.
 

Want to learn more?
Contact your account representative or click here.

The post Millennial Bill Pay Methods by Wealth Tier appeared first on Equifax Data-driven Marketing.

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