All Things Career

The Mission of All Things Career is to provide the unwritten rules of success to people of color. No matter if you have a job or own a business - we want to share information and experiences that we wished we knew earlier in our careers. Our show is full of career hacks that will help you climb the corporate ladder. And full of frameworks that you can apply while building your business.

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All Things Career

Money, Money, Money

May 11, 2020 • Norwood & Co. • Episode 6

According to Business Insider, only 24% of Millennials are financially literate. Meaning that Millennials struggle to understand the basics of personal finance. For this reason, Darius and Kirsten had a conversation with a financial advisor who gave his two cents on all things money.

SHOW SUMMARY:

[2:17] Emergency Funds - how much you should have saved

[4:11] The importance of investments

[8:50] How to increase your credit score

[12:00] 401K - how much you should save each pay cycle

[16:00] How to prioritize your personal finance goals

[19:22] 50-30-20 rule

[20:25] Why you should sit down with a financial advisor

EPISODE QUOTE: "The difference between [Millennials] and everyone else is that we have the conscious mind of wanting better and knowing better. We're relentless in pursuit of our goals."

Would you like to chat about your personal finances with Theo? Connect with him on LinkedIn here.

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➡️ https://norwoodandco.com/allthingscareer

Connect with Kirsten on LinkedIn: https://www.linkedin.com/in/kirsten-norwood-2a4ab580

Connect with Darius on LinkedIn: https://www.linkedin.com/in/dariusnorwood

Let us know if you’re a fan of the show so we can shout you out on an upcoming episode!