What’s avocado toast got to do with being able to afford your first home?
If you’re part of the millennial generation, born between the early 1980s and mid 1990s, you’re probably finding things tough, financially at least. Massive student debts, unrealistic house prices and no more jobs for life. And now you’re being told by an Australian property millionaire that spending too much money on avocado toast is the reason for all of your financial troubles!
My guest on the podcast today is Erin Lowry, author of the new book Broke Millennial. Erin helps millennials get their financial life together through her blog, book, lectures, and workshops.
She doesn’t do preaching and finger-wagging, but does offer plenty of practical advice so the millennial generation can navigate the pesky (but important) money questions they face.
Erin wants you to stop living paycheck to paycheck and Get Your Financial Life Together (#GYFLT)!
If you’re a cash-strapped 20- or 30-something, my conversation with Erin is a must listen. She knows it’s easy to get freaked out by your personal finances. But Erin’s message is simple; you’re not doomed to spend your life drowning in debt or mystified by money.
In her new book Broke Millennial, Erin shows step-by-step how to go from flat-broke to financial badass. Unlike most personal finance books out there, it doesn’t just cover boring stuff like credit card debt, investing, and dealing with the dreaded “B” word (budgeting).
Instead, financial expert Erin goes beyond the basics to tackle tricky money matters and situations most of us face in real life, including understanding your relationship with money, managing student loans without having a full-on panic attack, and how to get “financially naked” with your partner and find out his or her “number”.
Click here to get the full episode transcript
Subscribe in Apple Podcasts | Click to listen now | Right click to download episode
Useful links
–Buy Broke Millennial on Amazon
–Visit Erin’s blog, Broke Millennial
Get answers to your personal finance questions
Do you have a personal finance or investing question for Martin?
Email martin@icfp.co.uk or ask on Twitter @martinbamford.
You can call our dedicated podcast voicemail line on 020 8144 2745 with your question or visit www.icradio.co.uk/voicemail to leave an online voice message.
Click here to get the full episode transcript
Subscribe in Apple Podcasts | Click to listen now | Right click to download episode
