One of the common misconceptions we hear constantly on social media is how bad millennials have it – they have trouble building wealth, aren’t going to be able to retire, and can’t afford homes. We want to break down the biggest millennial money myths, tell you exactly why they are wrong, AND how you can win with money no matter what generation you are in.
Research and resources from this episode:
- Are millennials saving enough for retirement
- As Millennials Near 40, They’re Approaching Family Life Differently Than Previous Generations
- Millennial Income Statistics
- How Do You Stack Up To the Average Income in Your State?
- Report on the Economic Well-Being of U.S. Households in 2022 – May 2023
- Here’s the age when most Americans buy their first home
- How Might the Great Wealth Transfer Change Society?
- Millennials vs. Boomers: Which Generation Is Better Prepared for Retirement?
Enjoy the Show?
Where You Can Watch and Listen:
Subscribe on these platforms or wherever you listen to podcasts! Turn on notifications to keep up with our new content, including:
- Episodes of The Money Guy Show every Friday
- Episodes of Making a Millionaire every other Monday
- Mini-shows every Wednesday
- Ask Money Guy Livestreams every Tuesday
- Tons of other fun content!
Free Resources
Free Resources
Financial Order of Operations®: Maximize Your Army of Dollar Bills!
Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...
Free Resources
Wealth Multiplier By Age
If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.
Free Resources
Car Buying Checklist
Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...
Articles
Articles
How To Factor Social Security Into Your Retirement Plan
Social Security provides over half of the income for some 42% of the population receiving benefits, which means Social Security is the primary income for...
Articles
How To Prepare for the Unexpected With Retirement
It’s extremely difficult, if not altogether impossible, to be completely prepared for retirement. No matter how much planning and preparation you do, something is bound...
Articles
How Much Do You Need To Retire With an Average Income?
It’s easy to become discouraged if you have an average or below average income. Saving for retirement is normally more difficult with a lower income;...
Financial FAQs
Courses & Tools
How about more sense and more money?
Check for blindspots and shift into the financial fast-lane. Join a community of like minded Financial Mutants as we accelerate our wealth building process and have fun while doing it.
Free Resources
Financial Order of Operations®: Maximize Your Army of Dollar Bills!
Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...
Free Resources
Wealth Multiplier By Age
If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.
Free Resources
Car Buying Checklist
Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...
Recent Episodes
It's like finding some change in the couch cushions.
Watch or listen every week to learn and apply financial strategies to grow your wealth and live your best life.
Episodes
The Truth About Starting a New Career in Your 30s
How much emergency fund do you need during a career change? Brad and Haylee have 3 kids and a $173K net worth. In this powerful...
Episodes
Average Debt By Age (How Do You Compare To Other Americans?)
Americans are carrying staggering amounts of debt by age, but how does your debt compare? In this episode, we break down the average debt for...
Episodes
This Tax Advice Could Land You In Jail ft. Jasmine DiLucci
Home office, vehicle write-offs, kids on payroll: which tax hacks are legit? In this livestream, we are joined by tax attorney Jasmine DeLucci to break...