Millennial is the term often loosely used to signify the
generation of people born between the ’80s and late 90s.
So, a millennial is one who probably remembers the early ages
of Family Guy and tuned into Nickelodeon on weeknights for a daily
dose of Hey Arnold! He or she was already around when the Spice Girls
dominated billboards and before the Kardashians got famous. If you are a
millennial, that means you grew up with some form of media throughout your
Exposure to media likely resulted in a childhood that hardly got boring. However, it also means that you have consumed more advertisements than your parents. Most likely, those ads were not necessarily good for you nor your wallet. The more you saw products promoted by celebrities, the more easily enticed you became.
As a result, you ended up with too many unnecessary
Take a look at your finances today. Do you have a savings
account with a fair balance and a good credit score? Can you afford to live
self-sufficiently? If the answer is no, then perhaps it is a good idea for you
to check out a Millennial Money Blog. Here are some reasons
Financial Literacy Marks the Era of Adulthood
As a millennial, you should at least be in your early 20’s by
now. That means you are a full-fledged adult in every sense of the word. You
can legally drive, drink alcohol, and gamble at casinos. You have crossed the
great divide between your teenage years and early adulthood, which now comes
with a new set of responsibilities.
If you have never learned how to manage money early on in life,
then the sudden fiscal freedom of adulthood may throw you off. With a job, you
have the financial ability to purchase higher-end things, travel, and afford
However, if you are not careful about how you spend money, then you can find yourself
just as broke as you were in college. Except your parents are less likely to
help you this time.
That is why being financially-literate is beneficial at this
stage of your life. Your early adulthood marks a time where you have the least
fiscal obligations despite earning money, so it is wise to save as much as
That does not mean to say that you should completely cut
yourself off of the joys of young adulthood. It only means that a sense of
responsibility towards money will allow you to enjoy luxuries without
overindulging, and save for the future at the same time.
Millennial Blogs Understand You the Most
Reading financial literacy blogs can be a chore because they do
not cater to you and your demographic cohort. Each generation comes with
preferences, conveniences, lifestyles, and trends that can only be understood
by contributors born in the same era.
So, if you are looking for engaging and relatable content that may directly
critique your spending habits, read a Millennial Money Blog.
For instance, articles about saving money on food may include
quick recipes, which are perfect for fast-paced and always on-the-go
millennials. Self-employment and freelancing are also famous job descriptions
of your generation.
Financial Responsibility is a Habit
Finally, know that no matter how much you read, your finances
will remain a black hole until you have established the will to be responsible.
You can be financially-literate but broke at the same time, so understand that
making smart money choices is done through habit. Take what you have read from
millennial money blogs and apply them to your situation.
You can start by doing little things, like thinking twice before
making a purchase or cutting down on food spending. Eventually, you will spend
money meaningfully and learn how to invest and grow your wealth.
About The Author
Vipul is a professional blogger and online advertiser based out of Bengaluru, India. Always in a quest for new ways to make money, Vipul detail out all possible opportunities that can help anyone to earn passive income online. You can connect on Twitter, Linkedin & Facebook