Depending on what stage of life you’re in or the generation you came from, you view finances in a certain way. For millennials, (individuals born in the early 1980s to the early 2000s) who are just graduating college or have graduated within the past 10 years, concepts dealing with 401 (k) s, retirement and your credit score are fairly new. In today’s blog, The Bank of Blue Valley is helping to prepare millennials for a more secure financial future. If you fall into this category, please take these tips to heart and contact The Bank of Blue Valley for help on getting started!
- Just because it’s found online, doesn’t mean it’s true.
- Know the benefits of using credit and using cash.
- 401 (k) is A-OK
- Embrace compounding
- Spend frugally