Understanding the Millennial Wage Gap

Millennial Wage Gap

The millennial wage gap is a real problem for those ages 25 – 40. Not only do they make 20% less than Baby Boomers at their age, but they also have fewer consistent paychecks because of the Recession of 2007 and now the pandemic. With more people freelancing, regular paychecks feel like a thing of the past for most millennials.

The largest issue this causes for millennials is a delay in homeownership, aka achieving the American Dream. With lower wages, higher debt, and less consistent paychecks, only 42 percent of millennials own a home by age 30 versus 48 percent of Gen Xers and 51 percent of Baby Boomers.

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Creditaid Names Antin Stowell as Chief Executive Officer

Creditaid Debt Counselling

WINNIPEG, Manitoba –  Creditaid, a leading credit counselling agency, today announced that Antin Stowell, CPA has been named as Chief Executive Officer.

Stowell has a broad and extensive experience in the financial industry, including time in the audit & assurance, and then insolvency with BDO. Stowell has a B. Comm Hons and obtained his CPA designation before joining Creditaid in 2020.

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