For decades, personal finance was treated like gospel. Rules about how much to save, what to buy, when to buy it, and how to live within your means were passed down as universal truths. And for a time, they worked…at least for the generations that inherited a relatively stable economy. But for millennials, those same rules have felt not just outdated, but borderline delusional.
Faced with record student loan debt, sky-high housing prices, stagnant wages, and the rising cost of everything from health insurance to groceries, millennials aren’t breaking the rules because they’re careless. They’re breaking them because they’ve realized the old ones were built for a world that no longer exists. And in many cases, they’re building smarter, more realistic financial frameworks in their place.
