Why Millennials Need a Tutor in Personal Finance

Ah, my fellow Millennials... we are the generation of "new era" business, the generation that all HR & Marketing professionals are desperately trying to attract, the generation that has more education than any that has come before us!!

.... and the generation with the most debt in collective history.

Yes friends, "Congratulations!", we are the smartest, poorest people of all time.

It doesn't take long to see how and why we Millennials have racked up over $1 TRILLION of debt*. We began our lives in the "pre-internet" area, going to school to prepare us for "pre-internet" jobs. While we all saw the massive change coming, we stayed the course and completed our studies like our parents taught us, graduating with around $25,000** average in college student loans; but we weren't too concerned. With our shiny framed receipts (I mean, degrees...) we would find safe jobs at large corporations with great benefits that would help us pay off our loans...

Only that didn't happen.

With the multiple "pops" in the economy (Internet Bubble & Real Estate Bubble/Great Recession), we went back to school to "wait it out" and racked up more debt. Except the jobs still didn't come. Now we have moved back into our childhood bedrooms, working minimum wage jobs, and thinking the American Dream didn't go "new-age"... it went "by-the-way-side".

Yet, while we have been so busy & stressed trying to find corporate jobs to pay off our mounting debt, we have missed the reality that we are not showing up to work for the one job we already have... Chief Financial Officer of OURSELVES.

Great! We have a job and the complete control & flexibility (finally!) to do what we want with it.

Sad Face... our expensive degrees were in just about every subject but personal finance.

That's where I plan to help. My goal is to teach you, my friends, about easy things you can do to regain control of your financial future. I promise, you don't need any shiny diplomas or expensive loans to learn these lessons.

It's time to go from Millennial to Millionaire.

Let's Get Started...

Sources:
* Fifteen Economic Facts About Millennials. Council of Economic Advisers. Presidential Executive Office. October 2014
** Millennial Generation Research Review. US Chamber of Commerce Foundation