#163 - Why Millennials Live Pay Check to Pay Check & How to Change it

Bloomberg recently reported that the majority of millennials are living pay check to pay check and are thus at the imminent danger of bankruptcy. Living from paycheck to paycheck makes one dependent on the income and prevents him or her from being able to increase one’s income or build the capital necessary for investments. In this episode you will be introduced to the basics of personal finance to avoid this trap common among millennials and generation Z and instead take the steps necessary to become financially independent.