Virtually every personal finance advisor has one rule; make sure you have an emergency fund. This is especially true for people who are starting to get their finances in order for the first time. An “emergency cushion”, as it is so aptly named, is meant to stop you from dipping into your savings account in…
Podcasting is definitely on the rise, especially among Millennials. This past week, I finally dipped my toe into this fun medium during an interview with Investment Adviser Tim Mullooly (@TimMulloolyMAM) of Mullooly Asset Management. In this wide-ranging conversation, Tim and I explore all sorts of topics including paying off student loans, the future of money,…
The other week I went on my first writing retreat. Before leaving Austin, I was skeptical about the value of a writing getaway. But there are too many authors who rave about the benefits of getting out of the city in order to congeal your thoughts into book form. So, more out of a sense…
Over the past decade, there has been a shift in the way older generations view Millennials. Initially cast as egocentric and spoiled, the matriculation of Millennials into the workforce has assuaged these initial fears. Plus, academic research shows that Millennials are not that different from their older baby boomer parents. However, there is one element that…
Chronic student loans are a financial epidemic. With the weight of student loans carried by the majority of young professionals in their twenties and thirties, student loans have become a national issue. Financial health and literacy have taken center stage as the ramifications of long-term debt begin to delay life’s major milestones for Millennials. The…
In anticipation of all that will be unfolding this year, I have created a new website for your enjoyment. All of my future posts, videos, and communications will come from Millennial Money Makeover. Millennial Money Makeover is a website devoted to discussing real-world personal finance issues that face all young professionals in their twenties and…