Hello there –
Is this your first time here? Perhaps you saw a giant photo of me next to the words “Millennials want to save, many can’t.”
Other than now knowing that my discretionary income is put towards spending time with my friends and enjoying New York City, you probably don’t know what I’m all about. Let me explain.
I started this site almost two years ago in an attempt to make learning about finance at least some what enjoyable for the common millennial. Generally, I share stories from my own life and tie them into a financial literacy lesson. Some are as simple as why saving is important or what is a credit report/score, to how to build credit history, or rolling over a 401(k) or handling fraud.
Hopefully you’ll spend some time poking around my site and share this with any millennials (financially literate or not) in your life. Or hey, maybe a Gen Xer or Boomer might even be interested! I don’t discriminate based on generation.
Here are some of my most popular posts to date:
- Dear Parents, Charge Your Kids Rent
- Confession: I Avoided the Millennial Curse
- An Impassioned Plea for Understanding Compound Interest
And as a bonus, here my origin story.
Thanks for taking the time to visit!
Erin (aka Broke Millennial)
P.S. I’m not actually broke. It’s just a clever moniker.
9 responses to “Welcome to Broke Millennial: Personal Finance Advice for Millennials (and others)”
Hello… I am new here. What are this?
JK 🙂 Awesome USA Today article, btw!
Just here for a look see and maybe check in frequently.
I always wonder who defines the millenial generation b/c at 33 (34 tomorrow), I’m lumped in w/ the millenials but don’t feel the same. Reading the USA Today article you were a part of, dining out and frequent travel certainly aren’t things I’m interested in (and I know this doesn’t make me representative of the older members of the millenial group) but I am fortunate enough to have graduated college before the sky-rocketing of tuition.
Anyway, hopefully if you don’t already have a post about it, I’ll find a post regarding getting a significant other/spouse interested in investing. I’m way ahead of alot of my peers in my retirement savings but when I try to talk to my 26 yr old fiancee, after a minute she tells me she’s already tuned me out regarding any talk about 401s/IRAs/etc. I’m at a loss on how to talk to her about retirement saving without her getting disinterested in it. Sometimes I think she expects me to handle it but I’m trying to get her interested in contributing as well and more importantly getting her knowledgeable about it should I die early in our marriage.
First off, thanks for stopping by and taking the time to comment. The general timeline of millennials are people born from 1982 – 2000, but that’s a HUGE difference, especially due to technology. So you aren’t alone in feeling that you don’t really belong in the millennial generation and might identify more as “sandwich generation.” In terms of getting a significant other on board with finance, I haven’t addressed it directly, but it sounds like a good post for the future. I’m not married, but I’m in a long-term relationship so the conversation of money does come up. I’ve addressed it briefly at times on this site, especially in terms of handling money as a long-distance couple. But, it can be tough to get someone interested in finances if they’re resistant. I have written about 401(k)s and IRAs before — so those articles may be a bit easier for your financee to understand than general financial jargon. Anyway, thinks for giving me some topic fodder! Hope you’ll be back again.
Congrats again on this feature, Erin! Super stoked for you! 🙂
Thanks for pointing out the Compound Interest post. I hadn’t seen that one before, but it’s probably the most important thing we can understand with regard to saving and debt.
Every time I find myself coming back to this site. Thanks for the great content you provide. I hope you will continue doing the great work in your coming new year!
I thank you Erin for sharing your experiences and stories. I’ve been one of your readers for months now. I love reading your origin story and your popular posts. Keep it up! Looking forward to reading more posts of yours!
I’ve been following your blog for quite some time now and Iove how your articles are light, funny but informative. Keep it up!
Congrats on the USA Today feature, Erin! That is just awesome!