NextGen Financial Planning Tips | Debt, Investing & Saving for Retirement

Hey Millennials! Let's talk about money. There is a huge knowledge gap when it comes to personal finance in the next generation. We aren’t taught the basics of debt management and investing in school so, unfortunately, many people learn the hard way.
Some basic tips (and video timestamps) to help get you started are:
1. Debt Management (1:07)
- Pay down more than the minimum.
- The danger of FOMO and keeping up with friends.
- Budgeting (for now, not forever).
2. Saving for Retirement (2:55)
- Start saving early.
- Have a plan to fund yourself - pensions are a thing of the past.
3. Investing (4:00)
- Employer-Sponsored Plans (4:43): 401ks and 403bs.
- Roth IRA (5:45): After-tax plans with contribution limitations.
Learn more about Roth IRAs and contributions here: timewisefinanc...
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