Join best-selling author Kim Butler and No B.S. Money Guy Todd Strobel in this episode of the the Prosperity Podcast as they discuss the financial challenges that millennials, and really many generations face. Find out what solutions they have for problems like student debt, financial illiteracy and stagnant wages, and how they differ from popular opinions and mainstream media.

Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode.

Links in this Episode:

Submit your questions: [email protected]

eBook: Financial Planning Has Failed

Credit help: NationalCreditCare.com

Article: How Millennials Can Overcome their Six Biggest Financial Obstacles

Show Notes:

0:00 Intro

00:24 How Millennials Can Overcome their Six Biggest Financial Obstacles

02:08 Challenge #1: Millennials are Financially Illiterate

05:38 Solution: Get An Auto-Didactic (Self Taught) Education in Personal Finance

08:35 Solution: Get Help With Your Education

10:45 Challenge #2: Millennials are Financially Fragile

12:42 Challenge #3: Millennials are Burdened with Student Loan Debt

13:32 Why You Might Not Want to Pay Down Student Loan Debt as Fast as Possible

15:00 Solution: Skip College? Maybe Not, But Consider Postponing

16:26 Challenge #4: Millennials Wages are Stagnant

18:26 Kim's Solution: Learn to Save, Live on Your Salary

17:04 Articles Solution: Negotiate for a Higher Salary, Look for a Higher Paying Job

19:44 Challenge #5: Rising Rents Eat up a Burdensome Amount of Millennial's Income

20:32 Kim's Solution: Get a Cheaper Apartment, a Second Job, or a Roommate

21:08 Article's Solution: Move Somewhere Cheaper

22:28 Challenge: Fewer and Fewer Millennials are Becoming Full-Time Entrepreneurs

23:03 Solution: Do Both

23:40 Pursue an Entrepreneurial Thought Process