Skip To Content
    This post has not been vetted or endorsed by BuzzFeed's editorial staff. BuzzFeed Community is a place where anyone can create a post or quiz. Try making your own!

    11 Reasons You’ll Be A Broke Millennial Forever

    Although people have differing views of what it means to be broke, I can tell you one thing for sure: It sucks. For the most part, being broke signifies that you have a lack of money in one or more areas of your life where you should have been able to be secure. You see, there’s a difference between being poor and being broke. Being poor has much to do with your income versus your expenses, whereas being broke has everything to do with your choices and your mindset.

    While both leave you without the money you need, one is highly preventable. If you have found yourself in a situation where you feel like you’re officially broke, check out these 11 reasons you might have gotten there in the first place and make a change so you won’t be a broke millennial forever.

    1. You live way outside your means

    2. You don’t understand your biggest line item expense

    3. You don’t spend time researching how to invest in a diverse portfolio

    4. You don’t think you deserve wealth

    5. You have no strategy or goal

    6. You’re self sabotaging

    7. You secretly think you’ll hit the lottery

    8. You think you have time to get rich later

    9. You aren’t stewarding your money and giving back

    10. You lack urgency

    11. You’re just plain gullible

    Take it from me when I say that being broke sucks. Aside from the fact that you can’t physically purchase and pay for the things that you want and need, you also make it extremely difficult on yourself to break the cycle of trying to figure out how to make it to the top. If you want to be wealthy, check yourself early on and make sure you’re not falling into any of the 11 categories listed above. It’s time to say goodbye to being a broke millennial once and for all.