Simple Money Tips For Millennials

Simple Money Tips For Millennials

Millennials get a bit of a bad wrap. It’s not our fault that the world is so darn expensive these days and that you need experience to get a job and a job to gain experience… living life as a twenty something is harder than most people believe and it is why a lot of us have second jobs or we are looking for ways to break away from the wheel and forge our own career.

As a millennial it can be hard to save money and live a great lifestyle at the same time and this is why so many of us stay living at home for a long while. But today we are going to have a look at some simple money tips we can all look into this year to help us stay on track.

Make big batch meals

Get smart with food, by buying and cooking in bulk
Get smart with food, by buying and cooking in bulk

Unless you want to be using MiFinance to buy your living essentials for the next few weeks, you need to be able to be smarter with food. Food shopping is always one of the most expensive things we can do during the week and it is something which can save us a hell of a lot of money throughout the month.

Put down the avocado toast

Spending money on cafe eating can really take a chunk out of your budget
Spending money on cafe eating can really take a chunk out of your budget

As tempting as it is to eat tons of meals out during the week or to buy lunch every single day when you are at work, you need to curb your cravings. Instead of buying food from your local city centre for double the price it is always better for you to take it simple and meal prep your food for the week instead. By doing this you can make sure that you are eating healthier each and every day and that you aren’t wasting money on tons of snack throughout the day.

Get a savings account

It's easy to live in the moment, but the sooner you start saving, the sooner you will build some wealth.
It’s easy to live in the moment, but the sooner you start saving, the sooner you will build some wealth.

It stands to reason that most of us will already have a savings account by the time we reach our twenties, but if you haven’t jumped on that bandwagon yet it is time that you made sure you had one to save up for a rainy day. A savings account is great not only for general day to day life but it can make a great safety net for you if anything ever goes wrong and you need some money handy.

Look after your skin

weleda wild rose smoothing night cream by weleda b8a
Weleda Wild Rose Smoothing Night Cream

Now this might seem like a very strange thing to say when it comes to saving money, but if you are the kind of person who loves to look good every day, it is always a great idea for you to pay close attention to your skincare routine. The reason for this is that the better your skin looks every day, the less makeup you will need to apply, and this will save you money throughout the year!

In general though, as long as you are avoiding partying too hard each weekend and you find some cheaper ways to spend your time during the week, you should be fine and you’ll be on the road to financial stability.

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