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Millennials face an uphill battle when it comes to their finances. Crippling student loan debt, skyrocketing rental rates and dismal wages form a perfect storm of sorts that makes it hard for young adults to get ahead. There are some millennials, however, who have managed to build up some sizable wealth. According to a recent study, adults ages 18 to 33 represent 11% of high net worth households. So what’s their secret? It all comes down to making the right money moves. If you want to take a page out of the rich millennials’ playbook, here’s what you need to know.
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Rich millennials tend to set themselves apart in the way they manage their money and there’s a lot we can learn from their example. Even if you don’t have a net worth of hundreds of thousands of dollars right now, investing wisely and dumping your debt can help you get there.
The post Top 4 Money Habits of Rich Millennials appeared first on SmartAsset Blog.
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