Gen-X in Financial Trouble

November 2, 2004 | | The Motley Fool |
Just before Halloween, a public policy group called Demos released a scary report titled, "Generation Broke: The Growth of Debt Among Younger Americans."
 
For starters, they were the first generation to graduate from college with enormous credit-card and student-loan debt -- just as entry-level wages were dramatically dropping. And when the bubble burst in 2000, Gen-X, compared with other age groups, had the largest percentage of their assets invested in the stock market.