Thread by @Jaxben26

Average net worth for millennials.

I have no words...

thecollegeinvestor.com/14611/average-…

It seems that the '04 graduate and I are about tied 👀

(But I don't have a degree)

This is college class, not high school.

Also, if you are here and wondering how to get out of a $ slump, continue reading.

- Start making your time useful. Either learn something that can help you with your finances (tax deductions, income sources, skills that pay) or go out and get another job or start hustling.

- Second, start putting $ away. If you need to cut back on spending then do it. Strive to invest/save 15% of your income a year.

I recommend investing in index funds

Learn about the basics of investing below

(Get a call to personalize your goals)

$9.97
Gum.co/ssmbg

Also, stop spending and start selling the stuff you don't need.

You don't need a TV in every room or a $10k car when your net worth is negative.

(Also, reassess your living situation. Sometimes it actually makes sense to rent)

Finally - Don't stop

If your friends make fun of you for driving an old Honda, that's fine. Don't get shamed into spending more.

Also, DON'T stop investing in a bear market. Open your arms to accept it.

Bear markets allow for buying more stock at cheaper prices, which is good.

PS - if you want to talk money, hit my DMs and I'll try to help.

If you want to start investing, but don't know how, then get my guide.

It goes over the basics of investing into the market

And follow me to get personal finance related content daily!

Gum.co/ssmbg