Side hustles are so integral to Millennials’ economic lives that our generation invented a whole suite of apps designed to facilitate them — Uber, Instacart, Postmates, transcription services, dog-walking services, house-sitting services, and many, many more. As my clients have grown up, their side hustles have gotten more sophisticated and polished, but the substance is still the … [Read more...] about Side Hustle Smarter, Not Harder
Many of you are about two months into what may be the first time you’re working remotely. If you’re like me, you love it! But lots of people miss the camaraderie of office work. I doubt workers will be returning to offices anytime soon, because there are so many logistics involved in how to have hundreds of people occupy an indoor space safely that many companies will simply stay remote for the … [Read more...] about You’re Going to be Working Remotely for Awhile. Here’s How to Make it Work.
There may come a time in your career when working 40-plus hours a week just isn’t possible. It’s common to exit the workforce for a few years to deal with a health issue, or care for young children or elderly relatives. But your reasons for wanting a break may be different! Lots of workers are taking a detour from their career path to travel, take on a creative project, learn new skills, or avoid … [Read more...] about How to Set Yourself Up for a Future Career Break
I recently saw a Twitter thread claiming that the only path to wealth is self-employment. I call shenanigans. For one thing, everyone defines “wealth” and “success” differently. For another, there are many different paths to attaining both of those things. As someone who works with both entrepreneurs and people who work as W-2 employees, I can tell you that it’s possible to become wealthy — … [Read more...] about Do You Have to Start Your Own Business to Become Rich?
Entrepreneurship is huge for millennials. Many of my clients run their own businesses, side hustles, or are thinking about quitting their day job to live the life of an entrepreneur. I’ve long since given up a commute and a cubicle for the freedom to work from anywhere in the world. Follow any business guru on social media and you’ll be bombarded with messages about how the hustle is worth it when … [Read more...] about How to Avoid Burnout as a Small Business Owner
Last week in the Gen Y Planning blog, I discussed what you should consider if you’re thinking of refinancing your mortgage. This week, let’s look at another form of debt keeping millennials up at night: student loans. When you refinance your student loans, you trade your federal or private loans for a private loan with different terms. The potential switch from a federal to a private loan means … [Read more...] about Should I Refinance My Student Loans?