5 Big — No, Huge — Money Mistakes Millennials Make - Nextgenerationvintagemarket

5 Big — No, Huge — Money Mistakes Millennials Make

Charges appear inevitable. There is a fee because you are constantly on the go and unable to locate your bank's ATM.

You neglected to pay strict attention to your balance, which resulted in an overdraft cost.

These costs might not seem like much, but they add up! Banks and credit unions made $32 billion in revenue from overdraft feeds alone in 2013.

The solution is to sign up for a BankMobile account after downloading their app.

The mobile bank is groundbreaking in that it has no branches and targets millennials.

It is the first bank with zero costs, and you may open an account on your phone from your home.

In comparison to the biggest four banks, they also have greater savings rates.

It is overwhelming and sad to consider sitting down and actually calculating how much money is coming in and where it is going.

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