Budgeting: To Take Back Control of Their Finances, Millennials Need to Embrace the ‘B’ Word

It’s not sexy, but budgeting has many benefits, and millennials need all the help they can get.

(Image credit: Getty Images)

There’s no escaping the fact that millennials have been dealt a tough financial hand.

Many of them have lived through at least two big recessions, the second caused by an unprecedented pandemic that has dented their employment prospects.

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Jaime Eckels, CFP
Relationship Manager, Plante Moran Financial Advisors

Jaime Eckels, CFP, has been helping clients achieve their financial goals for 20 years and specializes in developing savings behaviors, implementing debt-reduction strategies, analyzing client cash flows, defining investment policy, determining portfolio allocations, minimizing income taxes and maximizing client balance sheets.