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Millenials and Money: What they really spend on

Let’s talk about how out of touch Avocado Toast man really is when it comes to millennials and money. I’ve compiled a short list of what millennials are doing with their hard-earned cash instead.

1. Pay off student loans

2. Save for a down payment

3. Contribute to an emergency fund

4. Travel the world

5. Buy groceries

6. Save for retirement

7. Invest in the stock market

8. Donate to causes we believe in

9. Buy stationary to write thank-you notes to mentors

10. Pay Wi-Fi bill for our online side-hustles

11. Attend networking events

12. Purchase best-selling self-development books

13. Buy a toaster to make avocado toast at home 

What would you add to this list? Comment below! And if you’re looking for a way to better manage your finances — complete with cash back and bill negotiation — download the free Trim app! 

RESOURCES

I get asked all the time: what are your favorite money management tools?

Coupons.com: An app that gives you free printable and digital coupons for all your favorite products.

Status: Wanna see if you’re on track when it comes to your monthly spending and total savings? This (again, free) tool compares your financial numbers to others in your age group, city, etc.

Personal Capital: The tool I check daily, Personal Capital is the best tool for tracking your net worth and your progress towards goals like saving, debt payoff, and (yes!) $100K.

The $100K Club Facebook Group: Need some honest money conversations in your life? Join my free community to get your burning questions answered.