Series name: Money Tree TV
Episode name: Money Mistakes Millennials Make
Season number: 1
Episode number: 20
Director: David Marks
Actor: David Holt, David Marks
Air date: November 6, 2017

​Money Tree #20 - Money Mistakes Millennials MakePart #1 - 5 minutes

• Intro and chatter…
• Money “Fact” for the week…
• Introduce ALL our media outlets (MT. Valley News, FTC tv, WVSM, Rejoice FM)

Part #2 - Who is a Millennial 

• A Time magazine article placed the Millennials at being born between 1980-2000
• Age 17 - 37
• Millennials grew up in an electronics-filled and increasingly online and socially-networked world.
• According to TechTalk, Millennials have a sense of entitlement and narcissism

Part #3 -7  Costly Money Mistakes Millennials Make! ​

• Mistake No. 1: Failing to set up a budget
  • According to Realtor Magazine, only 22% analyzing spending.
• Mistake No. 2: Too much college debt, without returns
  • Average monthly student loan payment: $351
• Mistake No. 3: No savings account
  • According to GoBankingRates survey on 69% have a savings account, however, 80% have a social media account. (pewinternet.org)
• Mistake No. 4: Postponed retirement plan
  • 62% contribute to a company retirement plan, and only 18% have an independent IRA (seniorlifestyle.com)
• Mistake No. 5: Neglecting credit reports
  • Only 54% say their score is important to them, compared to 85% of Baby Boomers. (forbes.com)
• Mistake No. 6: They are too optimistic
  • They forget it took their parents 20 years to get where they are.
• Mistake No. 7: Place a vaulted value on their own worth