I read an article titled The 3 Biggest Money Mistakes Millennials Make the other day that hit home with me because they’re things that I notice every day.
The 3 mistakes that the author listed are:
- Spending on status symbols
- Throwing all your extra cash toward student loans
- Avoiding investments altogether
If you’re a millennial, then time is on your side. Make the sacrifices now to create good financial habits and set a solid financial foundation that will reap dividends in the future.
Materialistic things do not provide gold to the soul or proper peace of mind, but you may find that setting yourself up to be financially successful for the rest of your life does.
You might decide that you want to retire some day and you’ll probably want more than a stack of change to retire on.