Most millennials will not stay with a company if they don’t find it meaningful or are not passionate about their job.

Work/life balance is seen as important criteria when choosing a career, alongside salary.)

Some studies show that millennials are more willing to switch jobs frequently, and 4 jobs by age 32 is the average

Giving two weeks notice allows your boss to start to look for a replacement and is considered professional courtesy.

If you work for yourself, you may not have a specific schedule. That also means that you aren’t guaranteed a set salary or health insurance, however.

Side jobs average about $580 a month, with 15% of millennials earning an extra $1000 or more.

Income is what you earn whereas net worth is what you save.

Increase your savings percentage every time you get a raise or bonus at work

Your rent/mortgage along with utility bills are what you spend the most on monthly.

Ebay, Poshmark, and Facebook Marketplace are sites that you can use to unload clothes and other stuff for quick cash.

Nearly 95% of millennials do their banking online, as going to a branch is often inconvenient.

Online only banks could offer a higher interest on your savings, and you cannot access your money immediately.

Traditional savings accounts, money market deposit accounts, and certificates of deposit are all options of savings accounts

The sooner you can begin to accumulate your retirement nest egg, the less you will have to worry over time

83% of older millennials use credit cards, and the debt associated with them is now greater than that of student loans.

In addition to $0 annual fees and points toward free travel, some credit card companies offer bonus money after spending a certain amount.

Every lender checks your credit score in order to verify how you have repaid past debts. Prospective employers may run a credit check, as well.

Additionally, your credit report shows if you’ve been a victim of fraud or identity theft.

Setting up automatic payments for credit cards will help you manage them, as well.

Taking a little longer to pay back federal debts over the full repayment period is a wiser move than using all of your money to pay them off quickly.

Paying off the loan with the smallest balance will help you stay on track while making minimal payments to the remaining loans.

Interest on private loans can be up to 15%, so paying them off before investing will help you in the long run.

This is unusual, but extenuating circumstances like inability to work or if your school was closed may allow for student loan forgiveness.

Paying between 10%-15% of your loan monthly is suggested. After 20-25 years, your remaining loan balance will be forgiven.

Setting up an automatic payment program can relieve the stress of late payments, which come with a fee and affect your credit score.

Refinancing means you get a new loan and new interest rate, typically 4%-7%. Your new repayment schedule is determined by your income, debt to income ratio, and credit rating.

Millennials made 36% more home purchases than any other generation last year.

While millennials did make the most home purchases, conversely 31% live with their parents due to low salaries, substantial debt, and the growing cost of living expenses.

Renting is within your budget and it allows for easier location. Additionally, the cost of rent is significantly less than a monthly mortgage payment.

When you own your home, it is yours as opposed to renting, where the rate can go up or the building can be sold.

The Federal Housing Administration recommends spending 29% of your gross income on housing.

PMI is necessary when your down payment is less than 20%. It protects the lender from losing money in the event that the home goes to foreclosure.

If you are in serious debt, you do not want to add to it until you are more financially secure. Your credit score has a definite impact on your mortgage, with the best rates going to buyers with at least 700.

There are mortgage assistance programs that are based on income, location, and military status.

Pre-approval gives you a large advantage over other buyers, as it confirms that your credit has been checked and that you are ready for a loan.

Lenders want to verify employment for the past two years, which can be more of a challenge if you are self-employed or need a second income to qualify.

You will save thousands of dollars by locking in a 30-years mortgage at a fixed rate.

Social Security benefits are presently $200 weekly. If you are dependent on Social Security upon retirement, you may need to budget accordingly.

In order to buy a car, get married, or purchase a home, paying down debt and establishing excellent credit is necessary.

If you are able to, set aside a small amount of every paycheck to be automatically deposited in an emergency account so that you are set for six months.

Employer contributions means free money that compounds quickly, and matching programs also deliver a 50% return.