Millennials earn a lot more than their parents, at entry level. But, of course! This, unfortunately, also gives them a false sense of comfort which can lead to major budget-management problems. According to a recent survey, 80% of millennials think they’re better off, but 35% of them still have to take help from their families!
There’s no getting away from the fact that as paychecks increase, so does cost of living. Here’s an infographic that highlights the importance of monthly financial budgeting, and how to structure a savings plan. Be smart, be savings-savvy!
Infographic by – InvestmentZen