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  • Vitaliy_KiselevVitaliy_Kiselev

    Four in 10 millennials say they are "overwhelmed" by their debt -- nearly double the number of baby boomers who feel that way, according to a Wells Fargo survey of more than 1,600 millennials between 22 and 33 years old.

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    47% said they spend at least half of their monthly paychecks on paying off their debts. On average, respondents put the biggest chunk of their income toward paying credit card bills, followed by mortgage debt, student loan debt, auto debt and medical debt.

    http://money.cnn.com/2014/06/11/pf/millennials-debt/index.html?iid=HP_LN

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