Millennials and Money – Helping Millennials with all their finances. Get a game plan to build a business, buy a home, pay off school, invest for the future.
In the past year, I have seen a number of troubling statistics about Millennials not investing in the stock market. One study said 60% of Millennials aren’t investing and another said 80%. No matter which number, that percentage is too high. That is an incredibly large portion of the population that is not participating in[…]
How many times have you clicked on that article online that started with “Top 5 Ways..” or “Quick tips to..”? Probably a lot. We work hard on many things in our lives, but sometimes we all want a shortcut. Just like there is no miracle juice drink or 5 minute workout that will get you[…]
Many Millennials are delaying traditional life milestones that 20- and 30-somethings in the past would have already achieved such as getting married, buying a house or starting a family. We have a lot on our plates trying to achieve our goals of paying off student loans, saving for retirement or starting a business. Believe me,[…]
For many Millennials, having a baby is the next big life step, however we are waiting longer to have kids then prior generations. Why? One reason is because we want to be more financially secure. We are doing more planning in advance and understand that we have existing financial challenges to manage. Raising children is[…]
Then comes baby in an $899 baby carriage. Yes, if you want to be strolling around town in the UPPAbaby Vista then that’s what it will cost, and that’s before the snack tray and cup holder. Having a baby is expensive any way you look at it. In areas major metropolitan areas like New York[…]
You are crushing it in your career and have found love! Mazel Tov! You and your partner have decided to make it official and tie the knot. Now what? I’m not going to give you any wedding planning tips because Heather ran that show. However, I can share some advice on financial planning topics to address[…]
First comes love…or does it? A lot of Millennials I know actually are putting career before love. I get it. Especially in a city like New York, I find so many Millennials that are incredibly driven and focused on crushing it in the business world. The entrepreneur mentality means that we become enveloped in our[…]
Target-date funds is a phrase you may come across when looking at investment options in a 401(k), 403(b) or other type of defined contribution retirement plan. The media loves to talk about them as well. In fact, according to Morningstar, there is over $750 billion invested in target-date funds. But do you know what a[…]
Let me share a story with you. Tom and Jane are a Millennial couple who just got married and are looking buy their first house. The have saved up some money but have student loan debt. Unfortunately, Tom just lost his job leaving them with only Jane’s income to pay the bills and the loans. […]
I know this question isn’t probably top of mind for Millennials. Do you even know what “financial independence” means or looks like for you? Let me give you an idea. Financial independence is the new term for retirement because for many of us, it doesn’t mean playing bridge or golfing every day in sunny Florida.[…]