5 money mistakes millennials make, according to CFP - Business Insider

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5 money mistakes millennials make, according to CFP - Business Insider
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Most millennials don't have life insurance, even though it's cheap for young, healthy people

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, but our reporting and recommendations are always independent and objective.

Many aren't saving enough for retirement — or saving anything at all — and missing out on employer-sponsored 401 plans and matches., even though term insurance costs about $20 to $30 a month for a young, healthy individual. When it comes to managing money, there isn't one right way that works for everyone. As a financial planner, I know first-hand how personal your personal finances can be.

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