Self-employed Millennials know that there are lots of perks to being your own boss. You can make your own hours, set your dress code and decide where and when you will work. But the down stroke is that you don’t get some of the benefits of a typical workplace such as health care, insurance or,[…]
It’s a question so many Millennials have. I want to have a home for my family, but how can I afford to do that with student loan debt? It’s a tough question, but if you put a little work into it, you may find out that it is possible. My wife and I both have[…]
What’s new in online banking? Aspiration. I get a lot of questions from clients and friends about which bank or checking account I would recommend they use. I generally suggest they focus on the accounts with the best features and lowest fees because, like many of us Millennials, I’m not a fan of most big banks.[…]
As Millennial parents, many of us spend a lot of time planning for a baby and then for the expense of raising a child. But, what about once that child grows up? Is there something you can do as a parent to help save for college, their future retirement or just a little something extra?[…]
For some it’s because they can’t find a job, for others it’s to try to pay down debt and save more money. No matter the reason, many Millennials are moving back home. We’ve talked about the Millennial financial situation before so this shouldn’t be a surprise. Many Millennials are boomerang kids, meaning that they move[…]
As many of you already know, The Millennial Money Fix was officially released on Monday. Heather and I have spent the last year and a half working on it, and as two working professionals and parents who commute to and from the city, we arguably bit off more than we could chew! However, we started[…]
For those Millennials (and Baby Boomers- don’t think you’re off the hook!) who own and home or have a family, estate planning is something you absolutely must do. I see so many people avoiding it because they don’t want to have those what-if conversations with their partner or they don’t want to pay an attorney.[…]
We talk a lot on the blog about earning the right to invest because some Millennials still need to work on setting goals, mastering cash flow and establishing a cash reserve. However, many Millennials are ready to invest. If you are one of those Millennials, high five! If you still need to work on the[…]
Banking is an essential part of life once you become an adult, but there are a lot of things to consider when choosing a bank. You have multiple options for types of institutions alone including national banks, credit unions, community banks or online banks. Then you have all the different things that are offered by[…]
For many Millennials, personal finance is a complicated area. There was never a class in high school, college or even business school that taught everything you need to know about personal finance. And there are people on TV yelling at you with recommendations for what to buy or sell, but that’s not what it’s really[…]