Summary: “The younger generation is ruining this country!” This was said about the baby boomers. Now it’s said about the millennials. The fact is, each new generation brings a fresh perspective that helps our society and country renew itself. Recently I spoke with a “millennial” who, like you and me, is working to raise a family and save for the future.<br> Want to Learn How to Draw From Your Savings During Retirement?<br> I’ll show you the system I use with clients during a free webinar on May 26th at 2:00 pm CST.<br> A free replay will be available to all that register.<br> [button_2 align=”center” href=”https://attendee.gotowebinar.com/register/2818602821725961217″ new_window=”Y”]Click Here to Claim Your Spot[/button_2]<br> Favorite Quote From This Week’s Story<br> [Tweet “My goal is to get compound interest on my side as quickly as possible.”]<br> Lessons Learned From Jordan’s Journey<br> <br> * Millennials are rejecting debt and working hard.<br> * There’s a big difference between being frugal and being cheap.<br> * It’s important not to rush into big purchases.<br> * How important it is for couples to walk together as they manage their finances.<br> <br> About Jordan<br> <br> * 27 years old<br> * Married, one child and one on the way<br> * Very cheap or frugal<br> * School teacher<br> * Loves working with kids<br> <br> What Does Retirement Mean to You? <br> The idea of being a millionaire really struck me.<br> That idea of being wealthy sounds good.<br> The idea of traveling a lot is wonderful.<br> What Are You Most Excited About Retirement?<br> Health, obviously.<br> I think my biggest worry right now is will I have enough money. I think that’s what drives me to save.<br> The other thing that scares me….is the idea of inflation. What inflation will be like in 30, 40, 50 years.<br> My goal is to get compound interest on my side as quickly as possible.<br> How Do You Think You’re Doing?<br> “Based on where most people are, I’d give myself an A.”<br> Do You Use a Financial Planner?<br> “I do but probably not as well as I should.”<br> What has Been Your Worst Financial Mistake?<br> Being cheap rather than frugal when buying their home.<br> What Do You Struggle With When Managing Your Finance?<br> She (my wife) just wishes we could spend a little more money and I’m just more on the frugal side.<br> “…I wish I was a little bit less frugal, but then again I wouldn’t be in the situation I’m in now.”<br> What Resources Have Had the Most Impact on Your Life?<br> Dave Ramsey<br> Rick Edelman Podcast<br> How Do You Want to Be Remembered?<br> The most important thing to me is to be a good father and husband. <br>
