As a millennial financial advisor, Sophia Bera is apparently on a mission to help people just like herself: those getting started with their professional lives and looking to build some wealth.
Bera is a certified financial planner who works with clients in their 20s and 30s. She helps them navigate through big life decisions, such as buying a home, paying off student loans, maximizing their company benefits and investing in their future. Millennials make up 75 percent of her clientele, and she says she has witnessed many mistakes by young people that can and should be avoided.
Bera, who quit her job at a start-up to launch her own firm, Gen Y Planning, urges her younger, millennial clients to avoid the same mistakes she did when she was their age. She believes a major part of leaving college life behind and moving into adulthood is taking control of your cash and setting up financial goals for the decades ahead.