How To Be Financially Stable In Your Twenties And Early Thirties
When we go from adolescents to adults, or from college to a working life, there comes a point when we naturally think about money more seriously. When you look around, whatever your financial situation may be, it could seem like most people are doing ok. After studying a bank portfolio of hundreds of consumers, I... Continue Reading →
Tomorrow, when you arrive at your office, look around and you will most likely notice that some seats are unoccupied. They are not there, and they will not show up for a few days: it’s vacation season. While the world sees the American way of life as an overwhelming, non-stop work culture where people sacrifice... Continue Reading →
As we mature, the desire for stability increases. Whether it is finding a better stable paying job, a long-lasting relationship or a place to settle in, we all long for a piece of happy place. Buying a home for many is that happy place. A place which we may call our own, a home where... Continue Reading →
For most of us, choosing a long-term career isn’t an easy task. It’s hard to decide on what you want to do for the rest of your life, especially when the outcome is not guaranteed. You may even find that you start out on a career path that was chosen for you by influence –... Continue Reading →
As you google ‘The American Dream’ you may come across this definition: the ideal by which equality of opportunity is available to any American, allowing the highest aspirations and goals to be achieved. There was a time when one of those highest aspirations was to buy a home and to some degree, it still is... Continue Reading →
Throughout your career and especially as you’re starting, you will be presented with career advice from a wide variety of individuals. Your parents will offer you their opinions, as will your teachers, friends, and career professionals. You will find career advice on websites such as ours as well and all over the web. In short,... Continue Reading →
I have been working in the finance industry for a while. I started in retail banking, working primarily with individual personal accounts and corporate accounts, then I transitioned into corporate finance on the analysis side. I have learned a lot in the process and here are two things I can guarantee: All companies have a... Continue Reading →
If you’re a business owner, the chances are you know how challenging it can be sometimes to stay motivated when it comes to progressing your business. With so many different things on your mind, it’s easy to forget why you started and what it is you want to achieve. While some business owners lose their... Continue Reading →
Look around you and there will be no surprise that most of your friends have multiple sources of income. Whether it is a second job or what some might consider a side hustle, it seems like everyone these days has ways to diversify how they make money. Economic times have changed and I believe it... Continue Reading →
In my experience, making the effort and taking the time to plan and manage your money responsibly pays off. Too many millennials (and people in general) simply go with the flow when it comes to money management and they get painfully surprised when the unexpected happens or simply when they need the money. When you... Continue Reading →
More millennials are setting up their own businesses or working as freelancers instead of settling for traditional employment. It’s a fact that around 66% of millennials hope to start their own business one day, with many never working as an employee. This is fantastic. Starting a business is great for you. It means that you... Continue Reading →
When explaining to people, especially millennials, that it will take discipline in their finances to achieve stability, some of them tend to cringe. The truth is just like it takes effort, discipline in consistency in any other worthwhile endeavor, being secure financially doesn’t happen by accident. In the past couple articles, we looked at investing,... Continue Reading →
For most of us, as some point in our lives, we start thinking about the future or a legacy. We start imagining what retirement could be like, what a life of true financial stability would mean. In parallel, we consider our current financial position and whether it will take us where we want to be.... Continue Reading →
Whether we practice it not, we all know that when it comes to money, it’s best to have a savings fund for a rainy day. Rainy days and surprises do not alert us and when we are not ready, the repercussions can be devastating. When the unexpected happens, having enough resources can come in handy.... Continue Reading →
If you’ve been following moneysmartmillennials.com for a while or you’ve read Money-Smart Millennials: How to Be Financially Stable in Your Twenties and Early Thirties, you’ve realized that I am a huge proponent of entrepreneurship. It is in my opinion, one of the surest ways to be in control of your finances. Yes, it takes hard... Continue Reading →
Millennials are not the first to complain about the cost of living. But, it would be unfair to reject their claim without consideration. Ultimately, as time goes by, everything is getting more expensive. Life for Millennials is a little less affordable than it was for their parents at the same age. For means of comparison,... Continue Reading →
As you are reading this article, You might be a graduating student or someone who is very content in your career. On the other side, you may be unhappy with your source of income, or might want to make sure that you can get onto the best career ladder once you graduate. Whichever of these... Continue Reading →
We all know that with adulthood, come certain responsibilities. One major one is to get your finances in order. The common basic thought is that it all start with a defined budget. To some extent, that is true but real, long term financial stability involves more. From managing debt and credit to planning your income... Continue Reading →
For most people, the Facebook app is the first one on their phone’s home screen. It is one of the staple apps that many use regularly and these days, it is impossible to delete it from newer phones. Have you ever thought about how much time you spend on Facebook or other social media applications?... Continue Reading →
We are back at it; getting to know a millennial who has decided to go against the grain and pursue entrepreneurship. In our series, The Millennial Entrepreneur, I’ve taken you on several rides, learning the mindset of those who have started their businesses and made it happen successfully. Entrepreneurship is certainly not common, it is... Continue Reading →
Money-Smart Millennials 