Drunken Money

John and Paul look at "9 Things Millennials Don't Understand About Money" from TheCollegeInvestor.com and give their thoughts. Dissecting a Millennial: Millennials don't always know they're in debt. While this is hard to believe, we can see situations where college students don't know what they're getting into when they sign up for student loans. It's extremely important to pay off these student loans as fast as possible. Check out our episode on student debt with Jordan Clemons. Millennials don't know how to repay their student loans. Millennials don't understand their health insurance options. We can definitely understand this one - there is typically little guidance on choosing health plans when you sign up. Paul advocates enrolling in a high deductible health plan and supplementing with an HSA (Health Savings Account). John has always been a fan of being a little more conservative with health insurance and chooses a middle plan for just in case he gets sick. Learn more about health insurance here.