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Financial Advice Blogs for Millennials

Published Nov. 10, 2016

Millennials, Gen X-ers and Y-ers operate different from Baby Boomers in many ways, including how they like to learn new information. So while thinking about budgeting and money can be super stressful and not at all fun, especially for the youth, below are some financial planning blogs targeted towards the younger crowd that may spark your interest a bit.


1. Frugalwoods

“We’re on a journey to financial independence and a simple, fulfilling life on a homestead in the woods—‘til then, we write about adventures in frugal city living with our Frugal Hound!

Frugalwoods, which we began in April 2014, is a living document of the accelerated final few years of our journey to financial independence. We’ve been frugaling it up together for ten years, but this is our most intensely-focused sprint of frugality. Through Frugalwoods, we share our plan, process, and daily life stories of intentional, joyful frugality.”

If you’re new to the concept of extreme early retirement, or if the idea of being frugal intrigues you but you’re unsure how to go about it – Frugalwoods is a great place to start. The posts are fun and engaging, while providing actionable tips designed to help Gen X and Gen Y stretch their money.

2. Blonde on a Budget

“I started Blonde on a Budget to document my debt repayment journey, but this space has turned into so much more than that. After paying off my debt, I adopted a minimalist lifestyle, tossed 75% of my stuff and am currently doing on a two-year shopping ban ending July 6, 2016.“

Cait is the minimalist mind behind Blonde on a Budget. She writes about a variety of topics within the personal finance realm, including: budgeting and paying down debt, as well as her two-year shopping ban. Blonde on a Budget is a great resource for millennials looking to embrace a full life, with less ‘stuff’.

3. Millennial Money Man

“I started writing blog posts about my story as something to do while I was winding down at night after work. My blogs were surprisingly well received, and people I didn’t even know were starting to reach out and thank me for giving them some inspiration. I realized I was on to something. I wanted to help at least one other Millennial like myself.

Since then my mantra has become: “I did it, and you can too.” I’m no different from any other Millennial, I just did things differently with my money and lived differently as well. Ever since, I’ve started on a journey to build wealth and spread the word.”

The Millennial Money Man blog is a great resource for college grads and young professionals who are looking to get started on the right financial footing. His posts are often characterized by honesty – and though sometimes the truth hurts, he means well. The reason for his direct approach is simple, he explains that “as a millennial, I had been misled and taught poorly about money all of my life, and I want to help other people avoid the same problems.”

His site focuses on “anti-entitlement advice,” that helps young adults understand that just because you’re a millennial doesn’t mean you have to be poor.

4. Money Peach

“My passion is sharing ideas and creating products for people who are looking for a better way to handle their money. I love showing everyday-normal people how to go from living paycheck-to-paycheck, to getting completely out of debt and creating hope for their future.

I am living proof that your money problems and money success stories are based on your behavior with money. Just some very small tweaks can create huge success with your life and money. If I can do it, so can you.” Money Peach, run by Chris aka “Peach, is a site that focuses on helping people break the oh-so-terrible cycle of paycheck-to-paycheck living. The posts on the site cover many aspects of the financial journey from budgeting and saving money, to investing and insurance.

Chris paid off $52,000 of debt in seven months, so he isn’t just sharing his theory on what should be done to change your relationship with money — he’s actually lived it. Money Peach is a great resource for those looking to make a major change in their spending habits and eliminate debt once and for all.

5. Afford Anything

“My mission is to help you break free: launch a business, start a charity, travel the world. The world is overflowing with opportunity.

To achieve it, you have to overthrow all the myths that society teaches us about money. Affording Anything starts with your mindset. You have to break free from the misconceptions that buying junk equals happiness while also avoiding the common trap of getting fixated on the “saving” side of the equation. Frugality keeps your focus on consumption, and this website is about creation. Building wealth and creating cash flow are more important than pinching pennies.”

Paula runs Afford Anything, a personal finance blog dedicated to helping readers leverage their money to fund their biggest dreams and goals and guess what? She actually means “afford anything” in a literal way.

This blog is a strong wake-up call for Millennials who aren’t sure how to effectively use their money to pursue their passions. As Paula says, “you can’t afford everything. But you can afford anything.” For Afford Anything readers, it’s all about ruthlessly eliminating expenses that don’t matter in order to spend freely on the few things that do.

Paula may especially speak to millennials because she is strongly anti-cubicle, and believes we’re not meant to sit in offices and rush hour traffic day after day after day. Instead, she’s all about building wealth so you can use your finances to create freedom. And her blog serves as her platform for sharing exactly how to do it.

6. Broke Millennial

“Since my fateful first lesson in economics I’ve become fascinated with building wealth and understanding money. Unfortunately, some of my fellow millennials don’t find money so empowering. I started this site to increase financial literacy — mostly through telling funny financial tales from my own life and sneaking in an actual money lesson.

Now that I’m no longer on parental welfare, I’m trying to survive the financial burden of living in New York City and simultaneously develop a respectable net worth on my meager salary.”

Erin is a Gen Y-er determined to educate her fellow twenty-somethings on how to spend less, save more, and avoid monetary problems that crop up where financial literacy is low. She doesn’t candy-coat her advice and shares sound financial tips while injecting her writing with dry wit and sarcasm.

She’s learned how to make the most of a meager salary and start saving for her retirement while living in one of the most expensive cities in America: You guessed it, NYC. Erin knows how to find a deal and often shares her strategies in her Friday series, Frugal Finds.

7. Budgets Are Sexy

“Budgets = Confidence = Sexy My goal with this blog is to get people to stop and *pay attention* to their money. Especially you youngin’s.

You won’t find any long in-depth instruction manuals or anything else that bores me to death here, as I really want this to be a fun place to share and interact with each other.

I think this comment from a random passer-by sums it up perfectly, ‘he’s the Miley Cyrus of finance.’ … I’m pretty sure it wasn’t a compliment, but I’m taking it as one anyways.”

Blogger J. Money, the voice behind Budgets Are Sexy shares his thoughts, experiences and perspective on money with others in order to help his audience set and celebrate their own financial goals.

The ideas he shares cover the ground between budgets, debt, family finance, net worth, saving and “side hustling. “

8. The College Investor

“With this site, I want to be as transparent as possible and highlight both the good and the bad. I also want to make sure that I’m helping and not hurting.

I don’t consider myself some sort of investing ‘guru,’ my ideas are not necessarily new, and my techniques aren’t secret. There are no ‘get-rich-quick’ schemes here. Making money through investing takes hard work, patience, and time. My goal is to showcase a variety of personal finance and investing ideas, and hopefully some prove useful to you.”

The College Investor, run by Robert, is an impressive financial resource for young adults and professionals. Robert believes in the power of developing multiple income streams while you’re in your 20’s and 30’s. In addition to blog posts, he also provides guides and trainings for Gen Y-ers who want to learn how to invest and get on the right track to financial success.

And because he’s focused on helping students and new grads, he also provides information and education on how to repay student loans and work your way to being debt-free.

The preceding information was repurposed from XY Planning Network.

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