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.[…]
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[…]
Today, the average college graduate leaves school with more than $36,000 in loans and many Millennials are being held back from achieving their goals because of debt from their college education. And don’t think our goals are just buying avocado toast or tickets to Coachella. No. We have real goals. Big goals like starting a[…]
Welcome to part 2 of our back to basics of financial planning series. Now that you know how to become a master of cash flow, the next step you may want to ask is where should I invest the money that is left over in my budget? That is the wrong question! Yes, investing can[…]
In the next two blog posts, I want to go back to the basics of financial planning because even the most seasoned pros need a refresher every now and then. Let’s start with mastering cash flow. Despite being a generation that goes out more often and makes more purchases, Millennials are still spending less on[…]
Buying a home is a complicated process; from figuring out what you can afford to obtaining a mortgage to finding that perfect location. But, it can all be worth it when you find the perfect place for your family. With interest rates still relatively low, locking in that rate can be a plus for many[…]
Good News Millennials, I have good news for you! Studies are showing that we are better at tracking expenses and sticking to a budget than Baby Boomers. This is what I like to hear. More of you are saving for your future which I think can be attributed to an improving job environment and strong entrepreneurial[…]