12 Financial Tips All Millennials Should Bookmark Immediately

    No matter how much money you earn or have saved, here's how you can make the most of what you're working with.

    If the idea of creating a budget, investing your money wisely, and paying your bills on time is an exhausting one (wait...I’m supposed to be doing all three at once?!), you’re not alone — especially if you’re a millennial without a ton of expendable income who’s slowly chipping away at student-loan debt.

    But with some careful planning, thinking about your finances doesn’t have to be nightmare-inducing. Here’s what you can do right now to make the most of the cash you’re working with.

    1. If you have to choose, tackle credit card debt before student loans.

    2. Try to make the 50-30-20 rule your goal.

    3. Start investing your money right now — even if you can only invest a few dollars a week.

    4. About that 401(k): Use it! And determine how much to contribute based on how much your company matches.

    5. Aim to save at least three months’ worth of take-home pay in an emergency fund — a savings account stored in the bank.

    6. Look for credit cards with the lowest interest rates.

    7. If your credit score isn’t nearly where you want it to be, don’t panic.

    8. Embrace talking about your income with friends.

    9. If you and your partner live together and one makes significantly more income than the other, try to approach a system that's fair.

    10. Speaking of buying property: If you’re thinking about taking the plunge, make sure you have enough for a 20% down payment. And be prepared to turn down some happy hours!

    11. If you’re a new parent, consider investing in a 529 plan.

    12. If you're having trouble getting started, try apps designed to help you stick to a budget so you can more easily track and meet your goals.

    Now go forth with your newfound financial wisdom and prosper. You've got this!