5 Smart Money Tips for Millennials

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Today on the podcast, I am talking to my friend Kali Hawlk. I became friends with Kali a few years ago through her blog Commonsense Millennial. She no longer blogs there, but blogs are her main site Kali Hawlk.com but I have to tell you that if one thing is true about Kali, she is truly a Commonsense Millennial. Kali graduated from college four years ago in a terrible job market and worked her way from a $10/per hour job to running her own business and now working for The XY Planning Network.

What Are We Drinking:

Kali - Jameson on the rocks (As I told Kali on the podcast, I am super impressed with her drinking ability and told her that she had bigger drinking balls than me. I can't handle a grown up drink like she has, so I stuck with vodka)Shannon - Vodka and soda

Podcast Notes

I asked Kali to share what she believes are 5 smart money tips for millennials, and I not only agree with her list, but I also think these are 5 smart money tips no matter how old you are. Here is her list:

  1. Prioritize your spending

  2. Ignore the rules of thumb for savings

  3. Earn more (As I mentioned in the podcast, here is the link to the Well Kept Wallet site which gives you 80 ways to make more money, so no excuses!)

  4. Invest wisely

  5. Live mindfully

Random 3 Questions Kali Answered:

  1. What's your biggest financial indulgence?

  2. What's your favorite dinner spot?

  3. What was your favorite class in college?

What are smart money tips for millennials? Is there anything you wish you did with your money in your 20s?

Bonus: Just to give you a good laugh on a Friday, this is one of my new favorite clips