Nearly 80 percent of millennials are not invested in the stock market, according to a new Harris poll commissioned by investing app Stash.
Why? More than 40 percent said they feel they don't have enough money, 34 percent said they don't know how, while 13 percent specifically blamed student debt.
The survey — which polled about 500 Americans aged 18 through 34 — also found that female millennials were especially turned off by investing. Three in 4 young women, versus 60 percent of young men, said investing was confusing. And 60 percent of millennial women said they believe the typical investor is an "old white man." About half of millennial men agreed.