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5 Reasons Millennials Need A Financial Planner


Think you need a top-tier bank account balance to swing a financial planner? Waiting to have kids before you pick an advisor? Here’s the reality: we all need financial planning, no matter what stage of life we’re in. Millennials, we’re ready to help. There is no such thing as being too young to plan. Yes, even Millennials (generally speaking, those who were born between the early 1980s and early 2000s) need financial advising. Here’s why financial planning is worth your time.

5 Reasons To Have a Financial Planner as a Millennial

1. Managing your cash flow

We’ll spare you, and won’t mention the word budget. But cash flow management is no joke. How do you and/or your spouse track your spending and saving?

2. Don’t just set goals. Achieve them!

We all have things we want to accomplish: become debt-free, buy a new house, college planning, retirement, you name it! We can set as many goals as we like, but how do we achieve them? At Triune, we use a process of regular collaboration and analysis to help you understand where you’re at, where you want to be and what needs to be done to get you there.

3. It pays to start early

Do not underestimate the power of compound interest. The greatest driver of investment returns is time. As your Financial Planner, we use your cash flow and goal setting to establish savings — systematic savings. Discipline yields contentment, and the capital markets of the world have a way of rewarding patient investors.

4. Accountability, transparency and everything in between

Ever have that thing you want to get done, but won’t do unless you know someone is holding you accountable? Welcome to the human condition. Accountability is key in many areas of life, not the least of which is your finances. Does thinking about money create anxiety for you? Are financial conversations with your spouse tense, stressful and frustrating? A big part of what we do is help couples bring all of their financial stuff to the light. By having things out on the table, we create peace of mind — even if things don’t yet look great.

5. Education from the real experts

So you landed that first job — congratulations! But what now? Roth who? IRA what? How much should you contribute, and where should you contribute it? Then there’s insurance; what does a good plan really look like? The list goes on. We’re on your side, ready to answer all these questions and many more, so you can make the right choices the first time around. We work to come alongside our clients and help them to think well and make wise decisions over time.

We’re here to help, no matter where you are in life. It’s never too early to get serious about planning — take the first step with someone you can trust.

Four Myths Regarding Financial Planning

Common misconceptions about financial planning can prevent even the best of us from seeking advice and counsel. These may be Millennial financial planning myths, but any of us can fall for them. Here are four common money myths we’re putting to rest.

  1. “I don’t have enough money yet.”

We’ve never had a client say, “Man, I sure wish I would have waited longer to start this stuff!” Bottom line: how much you have is not of importance. Rather, it is your behavior and building strong habits that will enable you to achieve your financial goals and build wealth over your lifetime.

  1. “I have plenty of time to get to that.”

There will always be an excuse to not look at your financial life and get started. There is never an easier time — so just start. The earlier you start, the more rewarding your good habits will be.

  1. “I’m in debt and just need to focus on that right now.”

This is actually why comprehensive planning is so important, and so powerful. By using a process that begins with cash flow management and goal setting, we create a system that gets you debt-free and headed towards your goals in the most efficient way we know.

  1. “I’m not worth a financial planner’s time.”

We always find a way to help those who walk through our door — we feel it’s our responsibility. Our priority is this: We want to come alongside our clients and sit on the same side of the table in order to serve them best.

Ready to start planning? We’re here to help, and we’ll be by your side throughout to help you finish well. Let’s get started.