Why some millennials can't manage money: Financial literacy low in Asia

To be sure, the privileges of investing and even holding financial assets are often impossible for many people in wealthy countries who are just trying to make ends meet

In 2008, Jackie and I arrived at our investment banking jobs on Wall Street. Fresh out of college, we were now among the top earners in our peer group. Twenty-hours-plus daily, most days of the week, working hard on pitchbooks, models and deals. We saw eye-to-eye on most things: people, what we were going to eat that night off of seamlessweb.com, and, more or less, life.

We were both so-called Millennials, defined as those born between 1981 and 1996. There were a couple of big differences. One was that she thought about savings and investing her earnings. I was more basic,