#46: The Spooky Truth of Millennials and Money

Halloween is a person of my favourite holidays!

I have received Hocus Pocus on repeat (1 and 2 BTW), pumpkin spice lattes flowing, and I’m soaking in the attractive temperature prior to factors switch cold here in Austin.

Though there’s a good deal of superior factors to concentrate on in the course of Halloween, I want to share some thing really scary with you.

In truth, in this episode I’m sharing the spooky fact of millennials and income, with some studies that will genuinely flip your tummy!

Here is a glance at this episode:

  • [01:45] Virtually 40% of younger older people said they commit additional of their income on encounters than necessities like shelling out charges, in part mainly because they want to share it on social media.
  • [04:15] As of Might 2022, 58% of Us residents — about 150 million grown ups — live paycheck to paycheck. Of those people earning $250,000 or far more, 30% are residing paycheck to paycheck.
  • [06:10] Inflation isn’t just hitting gasoline and groceries. It’s impacting people’s skill to shell out lease or invest in a home.
  • [09:03] An best emergency fund quantity would be 3-6 months’ value of dwelling charges.

Click on listed here to hear!

Level, Overview, & Stick to on Apple Podcasts

“I love Raya and Metropolis Woman Savings!” <– If that sounds like you, please consider rating and reviewing my show!

This helps me support more people — just like you — to make the best money moves as they make their way to their dream life.

Click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Then be sure to let me know what you loved most about the episode!

Also, if you haven’t done so already, subscribe to the podcast. So many great episodes are on the way and, if you’re not subscribed, there’s a good chance you’ll miss out. Subscribe now!

Resources mentioned in this episode:

Read the CNBC Article with the statistics

Listen to Episode 31 – How I Combat the Competition Mindset

Download the Free Money Moves Packet

Listen to Episode 1 – Big City Spender to City Girl Saver

High-Yield Saving Account Recommendations: Synchrony, Ally, American Express Lender, Explore

You May Also Like