MY OPINION ON MILLENNIAL MONEY MYTHS

If you didn't already see my status update on Twitter, I was recently featured in an article titled "Exposing Millennial Money Myths," by Shelly C. on iThinkFinance.com. 

She asked myself and other bloggers and influencers a series of questions based around the financial myths that millennials must work to expose. I wanted to share all of my answers to the myths and, of course, link back to her post.

MYTH 1: ARE MILLENNIALS NOT BUYING HOMES BECAUSE THEY WANT TO SCRIMP OFF THEIR PARENTS?

Because this was the question I answered, I'd be remiss not to link back to Shelly's article. Please click the image to the left to be redirected to the article.

To add more on this, the notion that living off of our parents is the reason many still live at home is crazy. Everyone wants independence, and alleging that we don't simply to have mommy and daddy pay for it is crazy to me!

<-- Click to read!

MYTH 2: MILLENNIALS ARE LAZY, TIRED, AND UNAMBITIOUS 

The idea that millennials are lazy is in fact a product of technology.

​I will admit that I do notice more and more young people don't play outside and I notice many parents who are my age tend to sit their children in front of the TV instead of give them dolls to play with. 

Technology puts the answers to our questions at the tip of our fingertips, which can be good. Our access to technology has changed our behavior, of course. It has made life much easier. 

Because of our technology use, we do redefine productivity. I'll give an example. I recently decided to purchase an Amazon Echo Dot and some smart plugs. I can get ready in the morning while telling Alexa to make my coffee. As soon as I'm ready, I just have to pour myself a cup and head to work. I still have to do some work by pre-loading the coffee grinds and water, but it makes my morning much faster!

MYTH 3: MILLENNIALS ARE KILLING THE ECONOMY

No, quite the opposite. The economy is killing millennials, for sure. Prices continue to rise and employers don't just fancy a college degree anymore. We have a record number of graduates in the world today because we were told that degrees get you jobs. However, we are made to put ourselves into massive amounts of debt only to come out and work for companies that are also struggling in the economy and aren't able to reward good work with raises or better benefits.

CONCLUSION

Please don't forget to go check out the full article at www.iThinkFinance.com/exposing-millennial-money-myths and go follow @iThinkFinance on Twitter!