Preferred Payment Methods and Consumer Use of Pay by Bank: Data, Stats, Graphs
August 20, 2024 | 3 min read
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Forty-five percent of Baby Boomers check their financial accounts at least once a day. Despite taking an active role in managing their finances, almost 1 in 4 Baby Boomers (23%) are still using spreadsheets or another manual process to track and manage their money.
As more and more Baby Boomers reach retirement, financial services providers can provide guidance and intuitive, intelligent tools that help build long-term financial strength. Here’s a collection of MX’s top statistics, graphs, and research on how Baby Boomers approach finances.
In this post, you’ll find stats and graphics related to:
Want to learn more about how different generations of consumers approach their finances? Check out our companion blogs on Gen Z, Millennials, and Gen X.
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