Summary: 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. <br> <br> 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 hello@partners4prosperity.com and we may answer it in an upcoming episode.<br> <br> Links in this Episode:<br> Submit your questions: hello@partners4prosperity.com <br> eBook: Financial Planning Has Failed<br> Credit help: NationalCreditCare.com<br> Article: How Millennials Can Overcome their Six Biggest Financial Obstacles<br> <br> Show Notes:<br> 0:00 Intro<br> 00:24 How Millennials Can Overcome their Six Biggest Financial Obstacles<br> 02:08 Challenge #1: Millennials are Financially Illiterate<br> 05:38 Solution: Get An Auto-Didactic (Self Taught) Education in Personal Finance<br> 08:35 Solution: Get Help With Your Education<br> 10:45 Challenge #2: Millennials are Financially Fragile<br> 12:42 Challenge #3: Millennials are Burdened with Student Loan Debt<br> 13:32 Why You Might Not Want to Pay Down Student Loan Debt as Fast as Possible<br> 15:00 Solution: Skip College? Maybe Not, But Consider Postponing<br> 16:26 Challenge #4: Millennials Wages are Stagnant<br> 18:26 Kim's Solution: Learn to Save, Live on Your Salary<br> 17:04 Articles Solution: Negotiate for a Higher Salary, Look for a Higher Paying Job<br> 19:44 Challenge #5: Rising Rents Eat up a Burdensome Amount of Millennial's Income<br> 20:32 Kim's Solution: Get a Cheaper Apartment, a Second Job, or a Roommate<br> 21:08 Article's Solution: Move Somewhere Cheaper<br> 22:28 Challenge: Fewer and Fewer Millennials are Becoming Full-Time Entrepreneurs<br> 23:03 Solution: Do Both<br> 23:40 Pursue an Entrepreneurial Thought Process<br>
