Did 9/11 make millennials less wealthy?

September 11, 2001 was a formative day for many American millennials. But did it impact how they manage their money?

Michael Froggatt, now 38, had just started his freshman year at Millersville University in Pennsylvania when he, like millions of other Americans, watched on television as the second plane hit the South Tower of the World Trade Center on the morning of September 11, 2001. “I remember it very clearly. I was getting ready for class in my dorm, watching the reaction on TV and then the second plane hit,” Froggatt told Al Jazeera. “Later in class, my professor looked really shaken, and confirmed for all of us that this day would change the world in a horrible way.” Kristin Buhagiar, who was 18 and living in Irvine, California at the time of the attacks, said her mother woke her up screaming.