It has been observed that millennials are the most diverse generation and the largest adult generation in the United States. They have begun to share the spotlight with the Generation Z. Millennials who are of ages 23 to 38 are going to outnumber the Baby Boomers (ages 55 to 73) as pet Census Bureau projections (Cilluffo & Cohn, 2019). Millennials are more educated, more racially and ethnically diverse, and marry at a slow pace than older generations (Cilluffo & Cohn, 2019). They are earning more as compared to their older generations but have less wealth than the Boomers did at the same age, the reason can be student loan debt which is usually of higher amounts.