Lets make it clear right off the bat: Your generation is thebestgeneration, OK?
If youre Gen Z, it’s possible for you to avoid the house-hunting regrets of millennials.
If youre Gen X, theres still time to avoid repeating the retirement mistakes of the baby boomers.
And if youre a boomer, hey, you already know everything, right?
(Full disclosure: The writer of this piece is Gen X, so he doesnt really matter.)
What can we learn from previous generations financial mistakes?
Avoid Millennials Regrets
If youre Gen Z, you’re free to avoid the house-hunting regrets of millennials.
Probably not as good as youd like.
It always seems like an uphill battle to build (and keep) a decent amount in savings.
But what if your car breaks down, or you have a sudden medical bill?
More than a quarter 28% wished theyd saved more before making the purchase.
Avoid Gen Xs Credit Card Hell
Every month, you make payments toward your credit card debt.
But you never seem to make a dent.
Its because of those sky-high interest rates as much as 24% interest.
It can feel impossible to get ahead.
ButMoneyLioncould help you find offers to cut your interest rate by 70% as soon as tomorrow.
Thats 70%* lower than the average credit card interest rate.
And its the key to finally getting ahead.
If you have a credit score of at least 620, you could get up to $100,000.
And terms go up to 144 months.
Worried you wont qualify?
Take two minutes to check online andsee if you could cut your credit card interest rate by 70%.
*Based on creditworthiness.
Gen Z or Millennial?
Many of them wish theyd gotten started investing back when they were your age.
For example: These days, Amazon stock is valued at around $3,700 a share.
Twenty years ago, it was $14.
A relatively modest investment back then would have easily made that investor a millionaire by today.
You really dont need much to get started.
Yeah, youve probably heard of Robinhood.
Plus, its super easy to use.
Companies likeBestowuse algorithms instead of medical exams to evaluate applicants.
Rates start at just $10 a month.
- You could leave your family up to $1.5 million.
The peace of mind knowing your family is taken care of is priceless.
Mike Brassfield ([email protected]) is a senior writer at The Penny Hoarder.
He is a member of Generation X so, like, whatever man.
Bestow Life Insurance products may not be available in all states.
Policy limitations or restrictions may apply.
Not available in New York.
Our tool asks lifestyle and health questions to determine eligibility to avoid requiring a medical exam.
Rates will vary based on underwriting review.
When you log into your bank account, how do your savings look?
Probably not as good as youd like.
It always seems like an uphill battle to build (and keep) a decent amount in savings.
But what if your car breaks down, or you have a sudden medical bill?
