Top Financial Tips for Millennials

Are you a millennial who feels overwhelmed trying to manage your finances? Are you getting the most out of your money? Financial literacy is not often taught in schools and they don’t do a great job preparing their graduates to manage their finances. So when you’re out of college and start real life, it can be a little overwhelming and it is easy to get yourselves into debt and other financial trouble.

Most millennials are currently in their 20s and 30s – a time when many young people are ready to make major financial decisions in their lives, like home ownership, long-term investment activity, etc. If you’re currently a part of this generation here’s your crash course on what you should do to improve your financial wellness:

Take online financial courses
Since most young adults have the propensity for technology it is suggested you take a few basic online courses in economics, accounting, and any other financial topics that may be of interest to you.

Embrace Technology
When it comes down to managing your money there is probably an app. To help you do that. These apps. Can categorize your spending habits and help you manage your spending. These insights can help you save money each month and then transfer that money directly to your savings. Online financial apps can help you make a workable budget for your lifestyle and ultimately change your net worth.

When it comes down to managing your money there is probably an app to help you do that. Mobile apps like Clarity Money can help you track any wasteful spending habits. Digit and Stash can recommend where you can save money each month and then transfer that money directly to your savings. Online financial apps can help you make a workable budget for your lifestyle and ultimately change your net worth.

Examine Your Current Bank Accounts
Are you paying fees? If so, for what? Monthly maintenance and minimum balance fees should never be a fee on your account statement. Free checking accounts, are available, especially at credit unions and these accounts will help you keep more of your own money in your pockets. So don’t settle for anything else.

Build Your Credit and Understand the Impact of your Credit Score
Early on, you may only have a student loan or a credit card on your credit report. But now it’s time to start building your credit. Ask your credit union about a Credit Builder Loan to help jumpstart your credit. And if you already have some active loans, make sure you’re making payments on time every month. You’ll need that good credit history when you want to make big purchases in the future like a car, rent an apartment, or get a mortgage for your first home.

It’s also important to know that if you are planning on opening up a business your personal credit may be the defining factor in your ability to access necessary working capital.

Repay Debt Tactically
Since we are on the topic of credit, a lot of young adults have credit cards with very high interest rates. Focus on paying off those debts first! If possible, transfer those balances to a lower-rate credit card. It’s much easier to pay down debt when more is going toward the balance.

Track everything to obtain your whole financial picture
Just as businesses manage their cash flow, individuals need to do the same by tracking their income, expenses, assets and liabilities. There are many online tools to help you like Mint, Quicken and Personal Capital.

Build an Emergency Fund
Unplanned/unfair/unfortunate events can happen in the blink of an eye. You may get in a car accident, have unforeseen medical expenses or lose your job. That’s why it’s important for everyone to have an emergency fund. The best way is to set up an automatic savings plan where you pay yourself first by depositing a portion of your paycheck into a separate savings account. If you forget it’s there you won’t be tempted to spend it.

Create a Long-Term Savings Strategy
An emergency fund is a short-term strategy, but you also can’t forget the big picture. Does your employer offer a matching 401(k)? If so, be sure to take advantage of that opportunity. It’s fundamentally free money, and it’s an investment in your future.

Get yourself a financial mentor
Even though there is an overabundance of information and apps on the Internet to help with your financial security, it is far superior to pick the brain and bounce questions off a trusted friend or colleague. Their pertinent insights will most likely be tailored to your specific requirements.

Use these financial tips listed above to get your finances on track while you’re still young. You’ve got a bright future ahead – so start now and stick with it. Your financial well-being will thank you! Although these tips are targeted at millennials, they’re useful for all ages.

Free Computer Games to Make Your PC Come Alive

There is not one computer in the world that doesn’t have one or two games installed. Even if what you have is a work PC, you still need some sort of diversion from the task piling up your table every day. That is the reason why Microsoft created their operating system with built-in free computer games like Solitaire, Hearts, Free Cell and Pin Ball. Too bad your boss doesn’t like them and wipes them away.

But don’t worry. While you can’t enjoy the computers at work with all the games your heart wants to play, you can always pack your PC at home with a huge collection of free computer games that you can get a grip of. These games can easily be installed on your computer right off the internet.

There is a plethora of free computer games over the worldwide web that your computer’s hard drive, no matter how big it is, can’t possibly contain. So just pick several of the games that you tend to enjoy most and install them in one neat folder in your computer. That is how you make your PC – or any PC for that matter – come alive.

There are many games available online and you are free to pick the type that suits your fantasies. There are shooting games, role-playing games, and adventure games especially for the man in you. On the other hand, girl’s games like bubble games, dress-up games, and simulation games are easily obtainable as well.

If you want these games, you simply have to go out on a surfing spree and find the gaming sites that offers free download of their games. Also, it is quite possible to play such games using your browser, just in case you want to enjoy them while at work and without the need for installation. Just be sure that your boss doesn’t block the site and you won’t get caught playing it!

There is a game especially made for everybody. A single game can come in a thousand of variations and one of them is a perfect fit to what you are looking for. For example, a simple racing game with a car and controls can be offered in ten thousand different scenarios over the internet. While all of them are somewhat different in look and in style, there is only one goal – and that is to take your car into the finish line in one piece and ahead of all the others.

Indeed, a PC without even the free computer games installed is not exciting. If you want your computer to come alive, you have to install every new game released in it. That is how you get to enjoy the beauty of both worlds – that of strictly work and of fine leisure. With a computer game, you can reach the farthest end of the earth without even leaving your seat. Try it and you will be amazed as to what free computer games can do for you.