All Posts Ever Written

I started my financial independence journey in 2010 and saved $1.25 million in 5 years, reaching financial independence at the age of 30. I get asked a lot how I did it and how someone else can too, so I decided to outline the variables......

One of the most frequent reader and media questions I get is “What’s your favorite money app?” I’ve been using money apps since 2008 when I got my first iPhone and they’ve been insanely helpful in my early retirement journey. I estimate that I’ve tried......

“Happy Friday,” the woman at the checkout counter says, “We finally made it.” Every week it feels the same in the corporate world – my friends are excited it’s the weekend, clients ubiquitously end emails with “have a nice weekend” or “Happy Friday,” and everyone......

MM Note: This is a guest post from Jillian, who blogs on Montana Money Adventures and is an expert in helping people escape work for short periods of time to pursue their passions. Some things just don’t fit into a 2-week vacation! If you have......

The variables impacting how early you can retire are actually pretty simple and Americans actually been thinking about “early retirement” for almost 300 years. 1. Longevity: How many years you have to live. 2. Costs: How much money you need to live the life you want......

Without side hustling, I never would have become a millionaire. In fact, side hustling and investing the extra money was one of the key drivers of my net-worth growth and I estimate I’ve made over $1 million side hustling. Over the next several months I’m......

I rushed down the elevator to my mailbox. Today had to be the day; it’s been over a week since my client told me he had mailed my check. The anticipation gripped me as I floated down to the lobby mailroom. I dropped my keys twice......

MM Note: This is a guest post from Todd Kunsman, a 29 year old who started his FIRE journey 3 years ago. Given the success of his first guest post 8 Steps To Financial Freedom, I asked Todd to follow it up and share his......

Not surprisingly, it’s actually pretty easy to make money online. What’s tough is to make enough money online to quit your job and do it full-time. I’ve met hundreds of people who make between $100 – $2,000 per month of income online, but very few......

MM note: Negotiation is at the heart of selling, making, and saving more money. It’s truly an art and the more you practice the better you get. And the better you get at negotiating the more mone you can save (& make!). Through a recent......

It’s a cool summer night in Venice and the wake from the boats on the Grand Canal is splashing against the glass next to my feet. My wife and I have spent the last few weeks in Italy writing, and past few days dodging Venice......

I’ve written extensively about student loan debt and even wrote about someone who had over $1 million in student loan debt. Whaa? I know, crazy. Statistically, 7 out of 10 graduates leave school with student loans and it leaves a huge pause in life’s financial......

MM Note: This is a guest post from 29-year-old Millennial Money reader Todd Kunsman. At the core of the FIRE movement is learning from each other and Todd has a great financial freedom strategy and has already made huge strides in just 3 years. To......

One of the most common questions I get is “How can I reach financial independence or retire early?” While it’s never been easier to get rich slowly (save 10-20% and invest in index funds), it’s actually a lot harder to fast track your financial independence......

Around this time every year, I start reflecting on how far I’ve come since 2010 when I was broke and living at home with my parents. I’m a big believer in reflecting and cultivating gratitude.It is scientifically proven that practicing gratitude makes you happier (it increases......

I’m stoked to share a recent interview I did with Inc Magazine, written by Amanda Abella, who also interviewed me for her podcast. While I usually don’t write about my media mentions, I shared a ton of about my story and the money ideas that......

If you want to make more money, be more productive, stay healthy, and not lose your mind, then it’s essential to chill as hard as you hustle. The simple idea is to take care of yourself, but here is my method for avoiding burnout and......

  MM Note: I love featuring other people’s early retirement strategies. The following post is by ESI, an early retiree from ESI Money, a blog about achieving financial independence through earning, saving, and investing. Before we begin let me introduce myself so you know I......

MM Note: This is a guest post from Elle Martinez, the Founder of Couple Money. She has written an incredible book on managing money with your partner, Jumpstart Your Marriage & Your Money. Elle is actually the first person who interviewed me on a money podcast......

This strategy revolves around a simple but powerful mindset shift that personally transformed how I view money on a day-to-day basis. Now, whenever I compare two products or two prices, I always think about the percentage differences first, before the raw dollar amount. By looking......

  Ahh, the fresh spring air and your whole life in front of you. If you are just graduating from college, you have insane advantages when it comes to money. Whether you want to start your financial independence journey, get your dream job, or simply......

  It is estimated that we, as millennials, will have at least 5 different careers in our lifetimes and many more jobs. So how can we even begin to prepare for a future that will no doubt be more mobile, autonomous and machine-driven than today?......

  MM Note: I am so stoked to feature this guest post on house hacking from Scott Trench, the 26-year-old Denver author, and VP at BiggerPockets. This post provides an overview of house-hacking and financial freedom concepts discussed in his new book Set for Life: Dominate......

It’s a cold Saturday night in Chicago and I’m huddled on the back porch of a three-floor walk-up chatting with a few friends about apartment hunting. In the past year, apartment rents have gone up 4.8% in Chicago and in the hot neighborhoods rents are up 15%......

It’s a hot Texas afternoon and I’m sitting in the Houston Greyhound station waiting for a bus to Austin. The A/C is broken. A baby is crying. Two TV’s are on different channels and insanely loud. The fluorescent lights are so bright I can hardly see my phone. (Yes, I......

How much money should I save? I get asked this question all the time. The simple answer is as much as you can. Seriously, every 1% you save will have a huge impact on your future net-worth. In fact, just increasing your savings rate by......

I was honored to be invited to be the first guest on the Fight The Cube podcast hosted by 26 and 27 year old brothers Adam and Noah Weitzman in Austin, Texas. The bros are fans of Millennial Money and building recently launched their podcast as a......

The two most frequent questions I get from Millennial Money readers are “what do you invest in” and “what should I invest in?” I’ve received over 300 of those emails in the past month alone. Below is the investing strategy I’ve used and still use to......

The Millennial Money Minutes podcast hit 130,000 downloads last week, just 14 weeks after launching. One of my blog goals was to reach 100,000 downloads by the end of 2017. I’m so stoked with the momentum. The experience has been a ton of fun. Matt......

Calculators are cool. I still have my OG TI-83 and it sits on my desk to this day. It still works and has space invaders and Drugwars installed on it. If you don’t remember Drugwars you probably weren’t as cool as me, or you paid......

MM note: Brian is a recent college graduate who just started his first job last fall. At only 22 he is starting his career with a simple strategy to reach financial independence in just 10 years. I was so stoked to hear his story that......

MM Note: This post is inspired by a recent conversation I had with Vicki Robin, the author of Your Money or Your Life – I am honored to be providing feedback for the new edition of my favorite book of all time. Figuring how much money......

The number one reason I feel I’ve been successful with money, is because I started making good, then better, and finally the best money decisions.  Learn what you  can do to take your decisions to the next level. There is almost always a better, or best decision......

What is your earliest memory of being happy? Do you remember that feeling being a kid on a warm summer night, the grass under your bare feet, and the freeing feeling of not having to go to school the next day? For me, being happy is......

February was an absolutely insane month and a good improvement over my January blogging income. I broke 200,000 monthly page views for the first time and my affiliate revenue made a massive jump. A vast majority of this growth is from the CNBC feature articles......

MM Note: I’m stuck on a 4+ hour cross-country flight and highly caffeinated. Proceed at your own risk! Haha. Thinking about commuting this way was a game-changer for me and has helped me personally save over $50,000. Check it out and do the calculations to......

MM Note: This is a guest post from Travis, who is an expert at helping people refinance student loans. He’s the real deal. I asked him to share his experience working with clients who have insanely large student loans. I asked him a simple question –......

This is the single most important hack I’ve used to build wealth. It’s easy. I break down ALL of my money goals into daily goals. I still deposit money every day into my investment accounts and track my net worth for free using Personal Capital.  ......

A seemingly simple, yet mind-blowing moment for me was when I realized that a $500 check is written on the same piece of paper as a $50,000 check. It didn’t hit me until I received my first $50,000 check for one of my side hustles.......

Most of the money and millionaire habits post I read are just too basic to be helpful. They are also impersonal because they are written by a journalist who has interviewed millionaires and curated some soundbites. These articles are chock full of “wake up early”......

I don’t shy away from tough topics. I think they are important to discuss. Most of us need to work to make money to survive, but many millennials are overeducated, in-debt, and underemployed. This is making a lot of us incredibly unhappy and the effects have......

Side hustles are my jam. Seriously, I wouldn’t be millennial millionaire and achieved financial independence at the age of 30 without side hustling. I’ve always been hustling. It’s in my blood. I can’t help it. Everything I look at in life I see a business opportunity. Sometimes......

I have been super inspired by all of the personal finance bloggers who are saving 50%+ of their incomes, including my podcast co-host Matt who increased his savings rate to over 60% last year. I used to save between 20-40% of my income each month,......

MM note: I eat out a ton and so do most of my friends. It turns out you can actually save a lot of money when eating out. This is a guest post from Mustard Seed Money on the 20 ways he saves money when......

So this is my first blog income report ever! One of my 2017 Millennial Money blog goals is to make $100,000 directly from the blog this year. Even though I started blogging much more consistently in September of last year, I didn’t want to start my......

The Dow hit 20,000 this week for the first time in history and stocks have been ridiculous over the past 7 years, but extra ridiculous over the past month. So what? Anyone who invests seriously knows the Dow is bullshit and doesn’t matter. It’s an outdated......

  “Money…objectifies the ‘style of life’, forces metropolitan people into ‘objectivity’, ‘indifference’, ‘intellectuality’, ‘lack of character’, ‘lack of quality’. Money socializes human beings as strangers…money also transforms human beings into objects.” – Georg Simmel   I move fast. And I’m sure you do too. The......

MM Note: I recently connected with Kyle and I was so shocked about his story, that I had to have him on the blog. This is really important. High Schools are where student loan debt begins and what students are being told is absolutely shocking. We......

I love investing and an increasing number of readers have been requesting more information on my investments. I’m down. I will try to share all of my investment decisions moving forward and welcome feedback. So here’s my most recent investing decision. This week I invested $20,000 more......

MM note: This is why personal finance education is so important. Many Millennials (myself included) just weren’t taught about money. We all together need to share good money habits and help reverse this trends. This is the primary reason we launched the Millennial Money Minutes podcast......

In my digital marketing engagements I analyze a ton of Google search data to understand how consumers are thinking about different products and topics. While Google release their top search trends, I decided to do a similar type of analysis of personal finance search trends in the United States......

I’m not going to waste your time. This post could make you a ton of money. Analyzing whether to rent or buy using this simple process has made me a lot of money. It’s simple, free, and easy to follow. Deciding whether it’s better to rent......

A lot of young entrepreneurs don’t ask the right questions before launching a company. I failed 3 times before launching my first successful company. In this post I’ll show you what I’ve learned so you don’t make the same mistakes I did. Also, as Millennial Money has......

As part of my Return to Frugality, I am revisiting the core concepts that help me achieve financial independence by age 30. In this post, I am going to show you how to calculate the true cost of anything using a few different calculations. You can use......

I just finished an online Yoga lesson (one of my personal daily goals in 2017). I’m feeling super mellow and hella grateful. 2016, WTF? What a year. So many highs in my life, and a few lows. It’s a pretty meditative end to the year where I......

I recently launched the Millennial Money Minutes podcast with Matt from Distilled Dollar. On the podcast we distill tough personal finance topics in 5 minutes or less. Matt and I are both Millennials and share the same mission of spreading personal finance strategies, but we are also......

  One of the sweetest things about being a millennial personal finance blogger is reading all of the other amazing millennial money bloggers. I can honestly say that I would not have become a millennial millionaire without reading personal finance blogs. I’ve learned from many of the personal......

I love rap music. Biggie, Kanye, Drake, Jay Z, Wale, Lil Durk, Iamsu, Wiz and many other rappers fill my head daily. I love the beats, the flows, but most of all I love the inspirational lyrics. One day I dream of writing a philosophy of......

Frugality has always been a deep part of my life, but this year I ran from frugality with reckless abandon. And I’m officially adding “Losing Frugality” to my list of top millennial money mistakes. I hope you don’t make the same mistake. Seriously. For as much as I......

I had the pleasure to chat with Elle on the Couple Money Podcast and share three of my top millennial money mistakes while achieving financial independence by age 30. On the Couple Money Podcast we discussed setting lifestyle instead of money goals, the problem with saving too much money,......

I have been the boss of many employees in my career and in this post I’ll share exactly how most bosses think about employee compensation, so you can use it to your advantage. There is nothing more important to securing your financial future than getting paid what......

MM note: Although this is a personal finance blog, I am going to periodically share my traffic and revenue driving strategies as the blog grows. Anyone can build a profitable blog and it really is the perfect side hustle. I call this The Millennial Money......

This post was inspired by J Money’s post about why he thankfully didn’t sell Budgets Are Sexy and Rockstar Finance. It was a normal Tuesday morning two months ago. I brewed some coffee. Opened my email and literally spit out my coffee. The first unread email......

“It looks like I actually have $29,093 in student loans I didn’t really know about…” my wife says way too early on a Saturday morning. I haven’t even had my first sip of coffee. “What…..?” I must still be sleeping. “Did you just say….” She......

In this post I will share the exact strategy I used to escape living paycheck to paycheck. I also saved $16,520 in 12 months and will show you how you can too. You and I know living paycheck to paycheck sucks. It’s hard to save.......

This election season has been insane and for anyone with student loans, you should be worried about how Donald Trump as President will impact your ability to pay back your loans. The progress that President Barack Obama made fixing the student loan repayment process and forgiving student loans......

In this post I will show you the exact portfolio and allocation strategy I’ve used to beat the S&P 500 and Dow so far this year. I did it without making a single trade or buying a single stock. I didn’t day trade or make any of......

MM Note: Peanut Butter is for companies not for individuals. You should ask your company if they offer a student loan repayment benefit. If you own a company this is a great benefit you can offer your employees. For those of you who read Millennial......

This post will explain why a Roth 401k is a significantly better investing vehicle than a traditional 401k for most Millennial investors. You will also see the returns of a Roth 401k vs. Traditional 401k in different investing scenarios and can test your own. While not all companies......

Starting a blog might be the perfect side hustle – you can do it on your own time, build multiple passive income streams, meet new people, and unlock tons of new opportunities. I have made over $30,000 directly as a result of launching the Millennial Money......

These books will make you rich. Maybe not tomorrow, but you will get rich over time and have a richer relationship with money. If you just read a few of the books listed below your future life earnings will likely be hundreds of thousands, if not millions of......

This isn’t the typical save more money, max your 401k, invest more money post. We all make mistakes and when it comes to money, and over the years I have made a lot of them.  Here are my top 7 Millennial Money mistakes. 1. Putting money first......

Seven years ago last month, I found myself standing at the edge of Vernal Fall in Yosemite National Park. It was sunrise and I stopped to listen to the early morning silence surrounding the rushing waters that filled the natural amphipheater. I was on my......

 “All beautiful wines are created in beautiful places” – Andre Ostertag A week ago my wife and I realized we would both be in California for work, so we decided to book a somewhat last minute trip to Napa Valley the weekend. We also learned......

In large part driven by the digital economy, the demand for people with specialized skill-sets is rapidly increasing. The flexibility and high earning potential of starting a small consulting business and selling your expertise is one of the smartest businesses you can launch. You can......

So you want to buy a Rolex? This Rolex Buying Guide includes what I learned spending a year searching for my first Rolex watch. Honestly when I decided that I wanted to buy a Rolex I got pretty obsessed meticulously researching and hunting for the perfect watch. Since......

Three years ago I invested in the first piece of what I hope will one day be an admirable art collection. I didn’t go out searching to buy a piece of art and honestly even though I love art and frequenting museums, I hadn’t ever......

One April 21, Paypal announced it would invest millions to mobile investing app Acorns. In its most successful funding round to-date, Acorns brought in a cool $30 million, growing their funding total to over $62 million. Acorns is a father-son team with a simple and......

It wasn’t very long ago that I was living at home with my parents with two dollars in my bank account. I was like a lot of my Millennial friends – trying to simply make ends meet and get on with starting my own life. I also......

Last month, I got back from an absolutely stellar 10-day Hawaiian vacation on the islands of Oahu and Maui. My personal goal was simple: pack as many beaches and volcanoes as possible into the time allotted. My wife and I soaked it all in as we traversed......

Last Saturday night my fiance and I decided to get in the holiday spirit and go shopping downtown. We live in Chicago but generally try to stay away from the insane Midwest tourist mania on Michigan Avenue – but once a year we head over to......

There’s a ton of information out there on emergency funds and why it’s important to have one. You probably already know this, but typically it is recommended that you save between 3-6 months of your expenses in an cash emergency fund in case you need......

Not all Millennials are living at home with their parents – in fact some are the richest people in the world. These Millennials are made up of entrepreneurs and those lucky enough to have inherited their family fortune. The world’s 10 richest Millennials are all billionaires – in......

Simply Wall St. is the sickest new platform for tracking stocks and visualizing stock data. I always enjoy checking out and reviewing new investing websites, but I am rarely as blown away as I was when I first checked out Simply Wall St. Simply Wall St. is a......

This is definitely a loaded question, but the sky is bright for us friends. A lot of research on Millennials says that we probably won’t be able to retire until we are at least 70 years old and that some Millennials won’t be able to retire at all. Note:......

Reader question: Can I use my 401k to retire early and avoid the 10% 401k withdrawal penalty? – Jesse, Boston Yes it is possible to use your 401k to retire early, but it requires a little bit of 401k “hacking”. I actually planning on using the......

Most Millennials probably think they don’t need to work with a financial planner yet because they are still paying back student loans and aren’t making much money, but in reality many of them would be much better off financial if they did. I think generally......

I have been using car insurance since February 2015, when they were still a pretty start-up just coming into Illinois. That February I went looking for cheaper car insurance since I live in downtown Chicago and rarely drive my car. In reality, I could probably get......

Millennial Money Snapshot: You can put $5,500 each year into a Roth or Traditional individual retirement account (IRA). You can put money in a Roth IRA after you’ve paid taxes on it and then your money grows tax free. That’s a sweet deal and often best for Millennials. In......

Millennial Money Snapshot: Vanguard Personal Advisor Services pairs investors with a personal advisor who builds you a custom financial plan based on low-cost Vanguard index funds. Vanguard manages all aspects of the portfolio from investing deposits to re-balancing and there is a $50,000 minimum investment required to......

This post contains references to our advertisers and we may receive compensation if you click on links. Learn more here. Millennial Money Snapshot: Betterment is a robo-advisor that uses an algorithm to manage and re-balance an investors portfolio. I spent 1 year using Betterment. While I......

Millennial Money Note: This is an article for investing beginners. This is a long article, but will provide you with the essential guidelines that will help you get started with investing. I have found this to be the most simple approach for beginning investors and remember the sooner......

This post contains references to our advertisers and we may receive compensation if you click on links. Learn more here. Millennial Money Snapshot: The thin green line is the difference between being rich and being wealthy. You are “rich” when you make a lot of money, but spend......

This post contains references to our advertisers and we may receive compensation if you click on links. Learn more here. Millennial Money Snapshot: Don’t trust Wall Street or buy “trendy” sector funds or ETFs – build a low expense ratio market index fund based portfolio......

Welcome to Millennial Money. To me this is more than blog, it’s my pursuit to make enough money, save enough money, and manage money well enough so work is optional for the rest of my life. I don’t want to spend all of my time making......

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