Millennials get a bad rep. Too often does the media say that they’re lazy, unmotivated to work hard, and frivolous with their spending habits. On a weekly basis, absurd articles pop up criticizing lifestyles, going as far as saying that buying avocado toast is the reason so many can’t afford a house… Ridiculous, right?
Financial literacy needs to be integrated into the education system, until then, savings, 401Ks, retirement planning all seem like too daunting of problems to tackle. So the question looms, how does the average millennial - aka young person - crack into the world of financial planning?
Sadly, the answer isn’t simple. But there are two things you can do to turn that mountain into a molehill:
1. Approach your finances realistically
2. Knowledge is POWER