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Finding Financial Balance while having friends with expensive taste

FINDING FINANCIAL BALANCE WHILE HAVING FRIENDS WITH EXPENSIVE TASTE In an effort to keep up with friends, millennials are willing to go into debt and keep any financial troubles a secret. MILLENNIAL SPENDING STATISTICS A BANK 1234 4568 39% have spent money they don't have to keep up with friends. 73% 27% who've gone into debt to keep up with friends have kept it a secret. feel uncomfortable saying “no" to expensive activities. 5 TIPS TO ACHIEVE BALANCE BETWEEN SPENDING AND SAVING SUGGEST CHEAPER IDEAS Explore affordable options, like camping at a beach instead of an all-inclusive getaway. 2 HOST LOW-KEY PARTIES Instead of going out to dinner and a movie, do the same thing at home. Take turns hosting different at-home get-togethers. 3 GET TECHY Your parents used a paper ledger to balance and track their finances. You can do the same, but with a modern twist. PNC Virtual Wallet(R) includes several features and tools to help you track your finances more easily. 4 CREATE A 'GOING OUT' ACCOUNT Set money aside each month in a separate account for going out. Make it a part of your budget, like rent or utilities. REVIEW MEMBERSHIPS AND SUBSCRIPTIONS Review recurring monthly costs and consider cutting back, even if only temporarily, to help free up money for busier times of year. PNCBANK This was prepared for general information purposes only, and is not intended to provide legal, tax, accounting or financial advice. PNC urges its customers to do independent research and to consult with financial and legal professionals before making any financial decisions. PNC's web content may provide reference to internet sites as a convenience to our readers. While PNC endeavors to provide resources that are reputable and safe, we cannot be held responsible for the information, products or services obtained on such sites, and will not be liable for any damages arising from your access to such sites. The content, accuracy, opinions expressed and links provided by these resources are not investigated, verified, monitored or endorsed by PNC. Sources: Credit Karma, 2018 © 2019 The PNC Financial Services Group, Inc. ALl rights reserved. PNC Bank, National Association. Member FDIC %24

Finding Financial Balance while having friends with expensive taste

shared by Mbtassino on Feb 27
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In an effort to keep up with friends, millennials are willing to go into debt and keep any financial troubles a secret.

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