For millennials, adulthood now defined by financial freedom



By Bobbi Rebell

For millennials, feeling like an adult may no longer be about starting a family and buying a house, but rather landing a job and not asking mom and dad for allowance anymore.

A new Bank of America Better Money Habits report, released Oct. 6, found “financial independence” was the top priority of about 40 percent of the 18-26 year olds they asked to define adulthood.

Moving out on your own? Just 14 percent.

Getting married and starting a family or getting an education? Just 7 percent each.

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