Millenials are strong, independent and love the idea of living it up. After all, this is the generation that epitomizes the oft-quoted YOLO – You Only Live Once!  But, that’s not all this generation is about. Studies show that while their methods of saving and money management may differ from the last; they are quite savvy when it comes to the greenbacks.

Greatist has some sound advice in this handy infographic for those who’re just off the block for the first time and for those in need of a refresher. Earn, spend wisely and save for a rainy day is an advice that’s as old as the mountains. These tips reinforce the old virtues of managing money, tailored to suit the new generation.

Featured photo credit: Greatist via goo.gl

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