They say millennials might not clear debt as fast as other generations, own the biggest house nor the fanciest car, but here’s one thing we know for sure: traveling makes us richer. In fact, a recent study by iQuantify found out that Saving for a vacation makes the number one on our list of Saving Goals, followed by Increase savings and Paying down debt.
Saving for a vacation makes the number one on our list of saving goals
Travelling makes you richer
You’ve probably seen thousands of photos on Instagram quoting: Travel is the only thing you buy that makes you richer. And we agree. It teaches you more about life than the 4 corners of your cubicle in your 9 to 5 job. It gives you sense of fulfillment, a carefree liberty, and a sense of happiness. Plus, it cannot be snatched by anyone from you, so think of travelling as an investment, like education.
The sad news is that only 2 out of 10 millennials have a comprehensive financial plan to achieve their goals.
Well, something very exciting is in the works at MoneyStrands to help you achieve this saving goal! But in the meantime, start organising your finances like a boss.
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