5 Money Misstakes Millennials Are Making

5 Money Misstakes Millennials Are Making

by

According to the Huffington Post, millennials are quite susceptible to making a lot of money or financial mistakes call it naivete, call it ignorance, whatever the case may be these money mistakes are costing millennials a lot of money. While mistakes are certainly part of life and prove to be vital learning curves, millennials need to learn quickly in order to save enough money to meet their financial goals. Sure, it can be quite tempting to have the same money habits as the rest of your friends and “live your best life” by buying the newest iPhones and even splurging on mimosas and avocado toast at Sunday brunch. However, with discipline comes its rewards. Let’s take a look at some of the most common investing and saving mistakes that many millennials make. 1. Not taking advantage of employer’s contribution plan Many employers offer employee contribution plans as part of their retirement…