Millennial Money UK (2024)

10/01/2024

“I never had a conversation with anyone about personal finances until I was in my late 20s. In fact people often made me feel greedy for asking for more when negotiating my salary at the start of my career.”

In this week’s My Millennial Money💰we spoke to an Advertising Specialist from London about their relationship with money. They tell us how they were able to capitalise on family support to change their finances, and then pay it back too!

“Budgeting and financial planning is a practice. The more you practice the stronger you get. You might get it wrong at first but you’ll get better at it over time but the key to making it all work is to make a plan, write it down and reflect on the plan often.”

We hope you benefit from this one, as ever thank you for the contribution ✨

Have you ever considered working contract roles for more pay? 💭👇🏽

03/01/2024

“If you have a proven record and clearly a hard worker you’ll be given opportunities that can double and even triple your income in just a few years! It’s not easy, so you have to be well suited for this type of work.”

In this instalment of My Salary Journey ✨we speak to an Executive Assistant who is living and working in Nottingham. This career story gives us an insight into what the role of an EA actually involves, and how you might be able to negotiate yourself the best positions.

“You need to actually enjoy being support staff and rarely make mistakes. You’d be surprised how many people do this job and actually hate the day to day work…”

We hope you benefit from this one, as ever thank you for the contribution ✨

Please share this post if you found this helpful! Let us know what other careers you would like us to explore in this series in the comments below 💭👇🏽

27/12/2023

“I’ve always been quite good with managing my money and have always had money put aside. I’ve had to learn and educate myself where the best places to put money into and I’m still learning.”

In this week’s My Millennial Money💰we spoke to an Occupational Therapist from London about their relationship with money. They tell us how they formed some healthy habits and how switching to locum work transformed their income!

“My parents never really spoke openly about money with me growing up but I did pick up to always pay my credit card off in full each month and have an emergency fund.”

We hope you benefit from this one, as ever thank you for the contribution ✨

Have you ever considered working contract roles for more pay? 💭👇🏽

22/12/2023

“I think I have a very good relationship with money. I started working when I was 13, so I’ve always really understood the value of money and how long it takes to earn, and just how quick and easy it is to spend.”

In this week’s My Millennial Money💰we spoke to someone working in Tech Sales, specifically in Cloud Sales. They moved to London for work and told us about their relationship with money. They tell us about how their parents have influenced their attitudes to money and how it has impacted them over time.

“Sometimes I think my parents are too frugal, and I used to feel guilty about spending money on things I wanted because of what they’d say. It annoys me, because I think it stops them from enjoying life to its fullest potential…that being said, it’s definitely all about balance.”

We hope you benefit from this one, as ever thank you for the contribution ✨

What did your parents teach you about money? 💭👇🏽

21/12/2023

“I think I’m paid fairly for what I do but there’s no equitable metric for how much someone should earn. I think what nurses do is way more important than what most people in society do, and they’re definitely not rewarded commensurately for it.”

In this instalment of My Salary Journey ✨we speak to a Strategy Manager who is living and working in London. This career journey gives us an insight into how best to optimise career moves to get more pay. There are some really refreshing insights here!

“The quickest way to make significant jumps in your salary, unfortunately is by moving jobs entirely. I increased my salary by 30-40% by changing jobs externally. I think be conscious of this and make calculated moves in your career every few years.”

We hope you benefit from this one, as ever thank you for the contribution ✨

Please share this post if you found this helpful! Let us know what other careers you would like us to explore in this series in the comments below 💭👇🏽

13/12/2023

“I would say I have a good relationship with money now. It’s pretty boring to be honest, as I’ve become more financially secure I obsess much less about my money. It’s so strange to say that because I used to have such an anxious, scarcity mindset when it came to my money.”

In this week’s My Millennial Money💰we spoke to a Strategy Manager from London about their relationship with money. They tell us about how their attitudes to their finances has changed over time.

“It would be ungrateful of me to say I’m not comfortable on my current salary, however if I’m being honest I feel like I have a pretty average lifestyle in London.”

We hope you benefit from this one, as ever thank you for the contribution ✨

How comfortable to do you feel on your current salary? 💭👇🏽

08/11/2023

Save the children ❤️‍🩹

11/09/2023

“My relationship with money is very good now. I spent the time to read the books and to educate myself. I try not to get too carried away and I also recognise how much my parents have influenced how I manage my money. I try to keep it as simple as possible”

In this week’s My Millennial Money💰we spoke to an Assistant Project Manager from Bristol about their relationship with money. We hear about positive and transparent familial influences with money which has shaped their thinking.

“My parents were and still obsessed by saving and being in a limited amount of debt. Seeing them live within their means has influenced me greatly”

We hope you benefit from this one, as ever thank you for the contribution ✨

How open were your parents with you about their financial situations? 💭👇🏽

30/08/2023

“I work very hard to be the best at what I do. I have a broad range of experience and professional qualifications, this is what I believe employers are buying”

In this instalment of My Salary Journey ✨we speak to a Project Manager who is a contractor now rather than full-time employee. This gives us great perspective of what a career in contracting might have to offer rather than the more conventional full-time roles. There are some really refreshing insights here!

“More money is always nice, but there is definitely an inflection point where any incremental increase in salary doesn’t make you happier and you start looking for greater fulfilment outside of work”

We hope you benefit from this one, as ever thank you for the contribution ✨

Please share this post if you found this helpful! Let us know what other careers you would like us to explore in this series in the comments below 💭👇🏽

20/07/2023

“I always said to myself, I would never sit in another classroom after I finished school. It just wasn’t for me. Working in crypto is very demanding, as it's fully remote and your colleagues are scattered all over the world…but working in an industry that I’m an active participant in is really interesting”

In this instalment of My Salary Journey ✨we speak to a Social Media Marketing professional working in the Web3 space. This is a refreshing career story which offers insight into alternative routes to roles, away from the conventional academic university route.

“To get into Marketing in web3, I would learn how social works and the various platforms, understand community, how to plan content surrounding the company you work in, be good at speaking to people, and of course copywriting.”

We hope you benefit from this one, as ever thank you for the contribution ✨

Please share this post if you found this helpful! Let us know what other careers you would like us to explore in this series in the comments below 💭👇🏽

21/06/2023

“At first when I entered the 6 figure range it was difficult to see why I was entitled to so much - this was beyond any salary aspirations I ever had. Over time I have realised not only am I being paid for my experience but…if I wasn’t worth the paycheck they wouldn’t have coughed it up.”

In this instalment of My Salary Journey ✨we speak to a Chief Marketing Officer from Cambridgeshire working in the crypto space. This is a fantastic career journey, packed full of practical tips and gives some really interesting insights on the way to a much lauded salary.

“Always keep your CV up to date. Keep applying for roles and map out where your journey will take you. Try to reach out to people and ask them for advice. 9 times out of 10 they will reject you. But never give in to the idea that the world will not help you.”

We hope you benefit from this one, as ever thank you for the contribution ✨

Please share this post if you found this helpful! Let us know what other careers you would like us to explore in this series in the comments below 💭👇🏽

24/05/2023

“As you progress in your career, it's essential to prioritise learning skills that will benefit you in future roles. It's important to keep learning and expanding your skill set continuously. In the ever-evolving field of technology, staying up-to-date with the latest developments and trends is crucial to remain relevant and competitive.”

In this instalment of My Salary Journey ✨we speak to a Senior Account Executive working in London in the Big Tech industry. This is a fantastic career journey and gives some really interesting insights on the way to a much lauded salary.

“This high income has given me opportunities to travel more, get on the property ladder and help family. Having money has also helped me to shift my perspective to an abundance mindset. Now I have no limits on what I can earn or achieve in the future as I surpassed my earnings goal, rather early in my career.”

We hope you benefit from this one, as ever thank you for the contribution ✨

Please share this post if you found this helpful! Let us know what other careers you would like us to explore in this series in the comments below 💭👇🏽

10/05/2023

“I love my job and I love who I work for. My work life balance is very good. I am super lucky that my manager sets a good example for work/life balance, and my role rarely needs me to work evenings or weekends”

In this instalment of My Salary Journey ✨we speak to a Marketing Manager living and working in London in the Tech industry. We absolutely loved this career story which involves a move from Leeds down to London, and an insight into real shifting perceptions on money.

“I started speaking to my colleagues and watching a lot of videos on salary negotiation, and I quickly realised that you must be bold.

“Stay curious and always have an eye on the job market. Job hopping every year or two is incredibly beneficial in so many ways, not just for money. And work extremely hard. In the words of Miss Nicki Minaj: “work hard, it pays off”

We hope you benefit from this one, as ever thank you for the contribution ✨

Please share this post if you found this helpful! Let us know what other careers you would like us to explore in this series in the comments below 💭👇🏽

05/05/2023

“I am still learning about my relationship with money. Nevertheless, at present, I believe I have a descent relationship with money. I am quite frugal with my finances but still enjoy spending frivolously on the things I really enjoy such as travelling and experiences.”

In this week’s My Millennial Money💰we spoke to a Physician’s Associate from East Yorkshire about their relationship with money. We hear about positive and transparent familial influences with money which has shaped their thinking.

“My parents are both very open about their finances to one another and even us as their kids. Both my parents are very hard working. They believe that having a business is one path to financial freedom”

We hope you benefit from this one, as ever thank you for the contribution ✨

How open were your parents with you about their financial situations? 💭👇🏽

28/04/2023

“My spending habits are difficult to describe, honestly it fluctuates. Being in a career like sales gives you room to make crazy purchases and know you’ll get it back. So I’ve been very aware of that and only make crazy purchases when I know my pipeline looks good.”

In this instalment of My Salary Journey ✨we speak to a Senior Account Executive living and working in London in the Tech industry. This salary journey includes a move from the US to the UK too, so there’s some really interesting insights into cross-border remuneration. We loved this career story!

“Working in Sales isn’t for everyone but I think it’s quite a meritocratic role. You get out what you put in, so I don’t ask for pay-rises I know it’s on me to work more to earn more”

“I have great work-life balance. There’s moments when things get busy but it’s subjective, busy for an Account Executive compared to busy as a Nurse is completely different”

We hope you benefit from this one, as ever thank you for the contribution ✨

Please share this post if you found this helpful! Let us know what other careers you would like us to explore in this series in the comments below 💭👇🏽

27/04/2023

“I have a complicated relationship with money. I’m a first generation African migrant to the UK. I have moments where I am quite conservative with money but I can be prone to extravagance too. It’s hard to characterise uniformly.”

In this week’s My Millennial Money💰we spoke to a Senior Compliance Manager living and working in Dubai about their relationship with money and how a willingness to relocate has impacted their financial outcomes.

“As an African migrant that moved to the UK at a fairly early age, I had very little fear in relocating and starting again”

We hope you benefit from this one, as ever thank you for the contribution ✨

Would you ever consider relocating for your career? Let us know in the comments below 💭👇🏽

19/04/2023

“Money really motivates me. I am very independent and hard-working. I currently rent in London and I am saving for a property and also pouring money into different side hustles.”

In this instalment of My Salary Journey ✨we speak to a Senior Business Consultant living and working in London. They decided to take a pay-cut and make a career change, which they believe has paid off in the long run. We loved this career story!

“With my initial career as a healthcare professional, I knew when I was at university that I was never going to work in the NHS forever for multiple reasons, including those pesky night shifts…”

“One mantra I hold near and dear to my heart is that “this is not my father’s company”. However, the structures and benefits put in place within a company definitely contribute to wanting to help the
company succeed and do good work for them”

We hope you benefit from this one, as ever thank you for the contribution ✨

Please share this post if you found this helpful! Let us know what other careers you would like us to explore in this series in the comments below 💭👇🏽

17/04/2023

“I’m glad with where I’m at financially, but I do think you can get too sensible and serious about money matters. It’s important to have fun too, and remember that money comes and goes! Especially once you’ve built up a bit of a safety net to fall back on.”

In this week’s My Millennial Money💰we spoke to a Marketing Manager from London now living in Bristol about their relationship with money. They picked up varying influences with money from their parents but have hit a good stride now.

“I moved from London because I couldn’t afford to buy there - it’s a shame people are having to move out of the capitol because the cost of living is so high.”

We hope you benefit from this one, as ever thank you for the contribution ✨

How have your parents shaped your relationship with your money? Let us know in the comments below 💭👇🏽

12/04/2023

“As a Lawyer, it’s very rewarding helping brands/companies that are household names achieve their goals and being able to tell my family and friends I helped make newsworthy things happen”

In this instalment of My Salary Journey ✨we speak to a 27-year old Corporate Lawyer working in London and living in Essex. Their career journey wasn’t entirely straight forward and its really insightful to see how they landed their dream job.

“I stopped doing the bare minimum and decided to put in a few extra hours needed to get ahead. Have a plan, figure out what you need to do to get there, stick to it.”

“I feel quite anxious about asking for more pay, because as a kid, money was never discussed and I was always taught to live within my means, no matter how little. I’ve carried this into adulthood, and it has created somewhat of a mental block which stops me asking for more.”

We hope you benefit from this one, as ever thank you for the contribution ✨

Please share this post if you found this helpful! Let us know what other careers you would like us to explore in this series in the comments below 💭👇🏽

10/04/2023

“I am very grateful to have been brought up in a family where we were always comfortable. If my parents were ever having money problems, I wouldn’t have known it because they always tried to provide.”

In this week’s My Millennial Money💰we spoke to a Trainee Lawyer living and working in London about their relationship with money. Some really interesting insights and attitudes from someone at the start of their career with clear positive influences from their parents.

“Being surrounded by family and family friends who used their money to generate passive income and wealth for themselves always gave me some inspiration as to how important managing money is”

We hope you benefit from this one, as ever thank you for the contribution ✨

How have your parents shaped your relationship with your money? Let us know in the comments below 💭👇🏽

03/04/2023

“My relationship with money is getting better. The first couple years I just spent everything I had buying things. Now I’m more careful and invest in myself and into stocks and save.”

In this week’s My Millennial Money💰we spoke to a Trainee Accountant from West Yorkshire about their relationship with money. Some really interesting insights and attitudes from someone at the start of their career. Wise head on those shoulders!

“Nobody should chase money. As long as you find something you like and people you like you can live a good life.”

We hope you benefit from this one, as ever thank you for the contribution ✨

How many of these money hacks do you already use? Let us know in the comments below 💭👇🏽

27/03/2023

“Currently, I view my journey towards financial stability in a positive light. Rather than merely a means of acquiring money, I now see it as a valuable tool that can help expedite my financial freedom” 🤑

In this week’s My Millennial Money💰we spoke to a Sales Executive working in London about their relationship with money. As a high earner who came from a modest background, we gain an insight into how their relationship with money has changed over time.

“My family didn't come from much, my parents were resourceful and always found ways to provide for us. My dad carried multiple credit cards and used them in emergencies.”

This one is packed full of tips for you. We hope you benefit from this one, as ever thank you for the contribution ✨

How many of these money hacks do you already use? Let us know in the comments below 💭👇🏽

22/03/2023

“I got pretty lucky with my first PR agency. Pay rises and promotions were a lot easier to come by compared to other agencies. So my pay in the first few years of my career increased a lot faster than the sector average. Obviously that’s a big positive, but I did get a bit of a reality check when I decided to move.”

In this instalment of My Salary Journey ✨we speak to a 28-year old Account Director in PR who lives and works in London. They give us an honest account about how they got into the industry, some tips that could help you and their own plans for the future.

“The best thing about my job is working with clients who have something interesting to say, but just don’t know how to communicate it. The worst is working with clients who don’t, but absolutely think they do.”

We hope you benefit from this one, as ever thank you for the contribution ✨

Please share this post if you found this helpful! Let us know what other careers you would like us to explore in this series in the comments below 💭👇🏽

15/03/2023

“Getting into investment banking is super competitive. Even with a degree from a ‘good university’ people struggle to get a graduate job. A lot of people like myself go to what would be less competitive grad-schemes with the view of moving into banking after gaining financial experience” 🤑

In our first ever instalment of the My Salary Journey series ✨we speak to a 28-year old Investment Banker who moved to London for work. They give us an honest account about how they got into the industry, some tips that could help you and their own plans for the future.

“I think to a certain extent I am overpaid for what I do. There are so many vital jobs that should be paid more than what I get.”

We hope you benefit from this one, as ever thank you for the contribution ✨

This is the first of our series, please share this post if you found this helpful! Let us know what other careers you would like us to explore in this series in the comments below 💭👇🏽

13/03/2023

“I have to constantly remind myself not to give in to lifestyle creep. I can buy most things I want with my salary, but I’m yet to replenish my savings after purchasing my house. I am very much looking forward to guilt-free spending once I've met my savings goal in a few years!” 🥹

In this week’s My Millennial Money💰we spoke to a Solicitor living and working in London. Being a high-earner buys you a level of financial security but the trade off in a career like Law is that you will be working long, gruelling hours!

“I received a £30,000 pay-rise without having to move jobs! I looked into the salaries competitors were paying for roles equivalent to mine and bought my boss the receipts.”

We hope you benefit from this one, as ever thank you for the contribution ✨

How are you doing with your savings goals so far this year? Let us know in the comments below 💭👇🏽

10/03/2023

“My parents made me aware of the value of things from early on and taught me to question whether certain things would be worth purchasing.” 🥹

In this week’s My Millennial Money💰we spoke to a Supply Scheduler from the Wirral. They give us an insight into their relationship with money and how positively this was shaped by their parents influence.

“Think about the long-term. It will more than likely take you longer to save thank you think it will, so start sooner.”

We hope you benefit from this one, as ever thank you for the contribution ✨

How did your early experiences shape your relationship with money? Let us know in the comments below 💭👇🏽

08/03/2023

To wrap up our series on credit cards with we have a whistle stop guide on all things credit cards. If you’re unsure on whether a credit card is for you or don’t know how they work, give this guide a read.
If you’re interested in signing up to Yonder, make sure you borrow responsibly, and only spend what you can afford to pay back each month. There are some terms and conditions that apply, and you can find them on their website. Here’s what you need to know:

✅ Your approval is subject to eligibility, meaning there are some requirements you need to meet before they can give you a credit card

📍You must be over 18 and be a UK resident

💳 The Representative APR is 64% variable. Don't worry, this isn't the rate you’ll get charged if you need to carry over some of your balance. The interest rate is 27.71% APR variable

💰There's a monthly membership fee of £15, this covers your travel insurance and rewards benefits

03/03/2023

“I picked up pretty much all bad habits from my parents. They never taught me money management and didn’t talk about money worries until I was a lot older. I also never was involved in family financial affairs so didn’t have a reality on how much things cost which really took a toll on me at university” 😳

In this week’s My Millennial Money💰we spoke to a Management Consultant living and working in London. They give us an insight into their relationship with money and how this was influenced by family and life experiences over time.

“I had a really rocky relationship with money where I would mentally spend it in my head before it even reached my bank account! Living in London after university also glamourised the industry lifestyle and so it took me years to understand the true value of it”

We hope you benefit from this one, as ever thank you for the contribution ✨

What did your parents teach you about money? Let us know in the comments below 💭👇🏽

27/02/2023

“I learnt that every penny makes a pound and to also put something a side. Like many growing up I of course didn’t do this. It was only in my mid 20s when I followed this.” 😳

In this week’s My Millennial Money💰we spoke to a HR Business Partner living in Ely in Cambridgeshire. They give us a refreshing insight into their relationship with money and how this has changed over time.

“I once lost £6000 in less than 30 minutes. That still burns me”

We hope you benefit from this one, as ever thank you for the contribution ✨

What sacrifices are you willing to make to achieve your financial goals? Let us know in the comments below 💭👇🏽

Millennial Money UK