Oh…us millennial human beings. You love us and hate us at the same time. We grew up in a time of privilege and major technological advancement. Our parents grew up in a time of hard work and discipline. That idea is lost on most kids in today’s society. Even when I was 18, I couldn’t wait to move out of my house and become my own man. I loved my parents, but was eager to make my way in the world and explore all the craziness that comes along with it. Kids are living with their parents longer than ever before, either to save money or just pure fear of growing up. However, isn’t struggling part of the game? My dad will still tell me stories of when he was in medical school, and he and my mother would get to a Friday night, have barely any money and decide whether they wanted to eat dinner that night or go grab a couple beers. Thankfully, I have never had to make that decision. I grew up very privileged. But, my parents never gave me money without making sure I knew that other kids weren’t as lucky. This created a sense of appreciation for me. When I started making a name for myself, I had to learn how to manage money and set a budget. I’m still trying to get that under control, as I sometimes go on a spending spree. I don’t think millennial’s or Gen Z’ers realize how important it is to manage money. We are the future of this economy and it’s about time to let go of the nipple and be your own person. Stop thinking more money will always come. OK, rant over.
Below are the biggest mistakes millennial’s make about money.