Are you a money-savvy Millennial?
. Check it for mistakes, and dispute any you find. After that, be a smarter borrower: Don’t take on loans you can’t afford to pay back, even if a lender is willing to offer them. Speaking of taking on loans you can’t afford to pay back, it’s alarmingly easy to ignore your true debt total. Instead of focusing only on monthly payments, think about just how many months — and how much interest — you’ll need to pay it off.
, step back: Is that dream wedding, vacation, or top-notch smartphone worth being saddled with another decade’s worth of monthly payments?Saving for retirement is one of the best gifts you can give yourself. Even if retirement seems a long way off — and especially if it feels improbable — it’s important to start saving as early as possible. of Millennials are relying on winning the lottery or inheriting money from a relative that they can put toward retirement.
Equally important to saving for retirement is setting realistic expectations. If you’re currently living on $40,000 per year, will you really be able to cut that to $20,000 in retirement? Remember that inflation may cut the real-world value of that figure in half or even into quarters. Whatever you’re comfortable with, the bottom line is that you’ll almost certainly need to stash more away than you think.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How Refinery29 ended up selling to Vice Media for mostly stockHow Refinery29 bootstrapped for 8 years, caught fire, and raised $133 million — only to end up selling to another struggling startup, Vice Media, for mostly stock
Read more »
I tried Wendy's new Maple Butter Chicken Biscuit to compare it with Chick-fil-A's version, and the newcomer is a pale imitationI compared Wendy's new chicken biscuit on its upcoming breakfast menu with Chick-fil-A's classic chicken biscuit, and the competition wasn't close.
Read more »
Rami Malek Kissed Daniel Craig on ‘James Bond’ Set & Tells the Story of What Happened!Rami Malek Kissed Daniel Craig on 'James Bond' Set & Tells the Story of What Happened! (Video) (via JustJared)
Read more »
It's fall, which means it's prime plant sale time in Southern CaliforniaFall is the best time to plant in SoCal, so check out these upcoming plant sales.
Read more »