Millennials have a tough time making ends meet

What is this economy teaching young adults under 35?

This is not a depression, but it is stagnation.  Wage growth is weak.

What does one do while waiting for things to improve?  Save or spend?  PB
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From Money.CNN.com:

Millennials aren't saving a dime

People younger than 35 are not saving money, according to a study by Moody's Analytics. In fact, their savings rate has dipped to negative 2%, meaning that they're spending more than they have.

They're the only age group that has a negative savings rate.

In contrast, workers between the ages of 35 and 44 have a positive savings rate of about 3%.

Millennials are struggling in spite of an improving job market...

But wages have remained stagnant, barely budging since the 1990s.

So even with a low unemployment rate, millennials are having a tough time making ends meet.

Many have taken on hefty student debt to attain the skills they need to be competitive in the work force.

Millennials had a negative savings rate from 2004 to 2009, bottoming out in 2007 with a deficit of about 15%, according to Moody's.

They recovered in 2009 and managed to stay above water until 2012, when they slipped back into the red...
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Link: http://money.cnn.com/2014/11/10/pf/millennials-negative-savings/index.html