---
title: 3 Essential Money Concepts for Millennials
description: Financial blogger Jason Vitug explains how millennials can break the mold by becoming financially savvy.
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published: '2015-12-08T15:01:23.000Z'
modified: '2015-12-08T15:01:23.000Z'
section: Personal Finance
tags:
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![Screen Shot 2015-12-07 at 5.06.30 PM](https://img.money.com/2015/12/screen-shot-2015-12-07-at-5-06-30-pm.png)

Social media has made it difficult for millennials to live within their means. Financial blogger [Jason Vitug](http://www.jasonvitug.com/) understands this and has provided three easy money concepts for millennials to follow.

**Define your lifestyle.** Determine what lifestyle you would like to live and stick to it.

**Don't try to keep up with the Joneses.** Don't expect to be able to keep up with other people's lifestyles...while living yours.

**Money can indeed buy happiness.** Money provides the basic needs. For example, without money you wouldn't have basic necessities such as food, housing, and transportation.

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