Learning ‘to live inside of my means’
Trent Long, a 34-year-old millennial, remembers that some high school friends had credit cards tied to their parents’ accounts. But Long did not.
That deprivation, he said, was a way “to make sure I was understanding how to live inside of my means.”
Long grew up in St. Petersburg, Florida, and held his first job at 14.
“I remember my parents telling me, ‘All along the way, you’re going to see people going into debt, and it may be from student loans, and it may be from credit cards,’” he said. “They were telling me very early on, ‘You need to set aside savings, every single paycheck.’”
Long went on to co-found BUNKR, an app he describes as “a place to securely store and share important information, like passwords and files, with people you trust.”
If Long, Lewis and Burrell exemplify the 73% of millennials who learned family finance from their parents, then Deacon Hayes can speak for the other 27%.
Read more here
