Broke Millennial by Erin Lowry is a practical and engaging guide to personal finance for millennials. It offers actionable advice on how to navigate the financial challenges of adulthood, from managing student loans to investing for retirement. The book is filled with relatable anecdotes, easy-to-understand explanations of financial concepts, and practical exercises to help readers take control of their financial future.
Understanding Money Mindset
Your financial behaviors are largely influenced by your money mindset which is formed by your upbringing and experiences.
Recognizing your money mindset is the first step towards financial wellness.
Home Ownership
Home ownership is not for everyone.
Consider your financial situation, lifestyle, and long-term goals before deciding to buy a home.
Renting can be a smart financial decision too.
Insurance Basics
Insurance is a form of protection against financial loss.
Understand the different types of insurance and ensure you have adequate coverage.
Taxes and You
Understanding taxes is crucial to financial wellness.
Know the basics of income tax, sales tax, property tax, and how to file your tax returns.