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HerMoney with Jean Chatzky

Episode 35: Millennial Money 101

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Entrepreneurship, Business

4.81.3K Ratings

🗓️ 7 December 2016

⏱️ 26 minutes

🧾️ Download transcript

Summary

Millennials have had it rough, with a recession and a mountain of student debt, but it's time they got their financial acts in gear. Financial expert Stefanie O'Connell shares how to do just that, and how she lived on $225 a week. In Mailbag, how to add a second credit card to your wallet and Roth 401(k)s. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You're listening to an airwave media podcast.

0:04.0

Her money is brought to you by Fidelity Investments.

0:14.0

Together we aim to empower, educate, and encourage women to talk about our money.

0:20.0

You can find more at fidelity.com slash It's Time.

0:24.0

Her money is brought to you by PRX. Hi it's Jean Chatsky and welcome to her money. Thanks for joining me.

0:39.5

glad to have you along this week as always. You know every once in a while my mailbox fills up with questions from

0:47.5

people who want to know when we're gonna do a show that focuses specifically on millennials.

0:54.2

Because as you all know, as we talk about all the time,

0:58.0

millennials are a little different.

0:59.5

millennials are different in their approach to money,

1:01.8

in their attitudes, their approach to saving, and you can't blame them.

1:06.0

They came out of college during a lousy job market saddled with more student debt than ever before,

1:13.0

watching their parents struggle through the recession,

1:16.6

of course that changes a person.

1:18.9

And yet, they have the same challenges

1:22.2

that the rest of us do.

1:23.4

They need to get it together.

1:25.0

By that, I mean their financial act.

1:27.0

They need to get it together and start saving for tomorrow,

1:30.3

investing the money they've saved,

1:32.3

protecting the financial lives that they're

1:34.4

building, and pulling together a career that not only supports them, but

...

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