Millennials are still recovering from the 2008 recession.
The generation's overall lack of resources, combined with growing debts, has made millions delay the decisions traditionally associated with adulthood: Living independently, getting married, having children, and buying cars and houses.
While the banks were bailed out back in 2008, today's millennials are being bailed out by their parents, who are boomers with much more disposable income. According to The New York Times, 40 percent of young millennials get financial support from parents to cover expenses.
In many ways, millennials actually have it much worse than older generations. For instance, young workers are 40 percent more likely to not have retirement savings than Gen X and 50 percent more likely than baby boomers. At the same time, millennials are making $2,000 less than Gen X did at the same age back in 1980 and 20 percent are currently living in poverty.