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Build a 6-Figure Net Worth in Your 20s | E87 Mills Bender
Episode 8727th February 2023 • The Struggle is Real: Adulting 101 • Justin Lee Peters
00:00:00 00:48:22

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When I started my first “big boy” job, I signed up for our 401K program. HR handed me this packet of papers and essentially said good luck.

I remember sitting at my kitchen table that night trying to make sense of fund names, historical yields, and asset allocation charts.

Nothing will make you realize school did not prepare you for the real world like that kind of moment. I remember thinking, wow I’m never going to understand this. When I have money, I need to hire someone to make these decisions for me.

But I didn’t need a pricey advisor or even fancy software. I needed financial education so I could feel comfortable and confident in my choices.

I thought it was going to take decades of experience or even having to go back to college to get a degree in finance but once I got serious, it only took me about a year of learning and practicing before I felt like I could handle the money choices that life threw at me.

Today’s guest would argue that with her guidance, you’d only need 90 days to master your money and after getting to know her, I believe it.

In her early 20s, Mills Bender was lost when it came to money. So lost that she woke up one day with $1.50 in her bank account. Mills started to demystify and understand the different facets of money. Now she helps others do the same through her financial coaching business, Mills Knows Bills.

In this conversation, we cover a lot of money concepts including the cost of delaying investing, the 4 money mindsets, and creating a budget that reflects your priorities. We also discuss how to turn your passion into a business - something Mills has a little experience with.

Key Takeaways:

  • The cost of delaying investing
  • How to set up your 401K at work
  • Hiring employees based on skill set and value alignment
  • How to turn your passion into a business
  • Land a mentor to accelerate your learning
  • The 4 money mindsets and how to identify which bucket you are in
  • Creating a budget that is a reflection of your priorities


I Will Teach You to Be Rich by Ramit Sethi:

Fearless Money Mindset by Arian Simone:

More of Mills:




Debt Payoff Webinar:

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