Millennials are often viewed as a generation that is tech-savvy and independent. This is because they have grown up in a time of rapid technological advancement and are used to finding information and solutions online. As a result, many millennials may feel that they don’t need a financial advisor to help them manage their money. However, there are certain times when a millennial should consider getting a financial advisor to benefit their financial life.
In this blog post, we’ll discuss when millennials should consider getting a financial advisor and the benefits of doing so.
Circling back to when millennials should consider getting a financial advisor. We know millennials may feel that they don’t need a financial advisor to manage their finances, but there are certain times in life when seeking the help of a financial advisor can be beneficial. Indeed, millennials are less likely to seek professional help in some areas, but one place they tend to seek more professional assistance than previous generations is with financial guidance. This may be because as next-generation advisors embrace technology and charge differently than their predecessors, the baby boomer financial advisors, millennials become more accepting of the value.
Starting a new job, planning for a major life event, unsure about investment options, not making progress towards financial goals, or receiving an inheritance are all times when working with a financial advisor may be helpful.
Working with a financial advisor can provide objective advice, create a personalized financial plan, educate you about financial concepts, save you time, and hold you accountable to your financial goals. By seeking the help of a financial advisor, millennials can make informed decisions about their finances and achieve their financial goals with confidence. If you think you’re ready for a financial advisor, then see if BlackBird Financial Planning is the right fit and set up a discovery session.
Leave a Reply