Financial Planning #HowWeSpend Twitter Chat Recap Read the Article Open Share Drawer Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on Tumblr (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on LinkedIn (Opens in new window) Written by Mint Published Feb 13, 2015 2 min read Advertising Disclosure The views expressed on this blog are those of the bloggers, and not necessarily those of Intuit. Third-party blogger may have received compensation for their time and services. Click here to read full disclosure on third-party bloggers. This blog does not provide legal, financial, accounting or tax advice. The content on this blog is "as is" and carries no warranties. Intuit does not warrant or guarantee the accuracy, reliability, and completeness of the content on this blog. After 20 days, comments are closed on posts. Intuit may, but has no obligation to, monitor comments. Comments that include profanity or abusive language will not be posted. Click here to read full Terms of Service. In case you missed it, last week we hosted a Twitter chat on the topic of #HowWeSpend, where we covered everything from the biggest spending trends of 2014, tips on spending wisely in 2015 to hot topics like mobile payments and millennial spending habits. With over 128 Twitter chat contributors and 697 mentions of #HowWeSpend, the chat was packed with great content and tips from consumer financial experts, Mint partners and Minters alike. Check out some of our favorite tips and chat highlights below, or to follow all that was shared during last week’s chat, just plug #HowWeSpend in the Twitter search bar. Thanks again to all of you who followed along! #HowWeSpend Twitter Chat Highlights: Q: How do you expect spending trends to vary in 2015 vs. 2014? I expect that there will be a rise in spending by the “IndieWoman”: 27 & older, lives alone & has no kids. – @TheBudgetnista Many economists predict 2015 may be the year more millennials finally enter the housing market – @Glink Low gas prices and a strong dollar will mean more travel spending. Budget travel tips: http://bit.ly/1EBacox – @hperez Q: How are mobile payments changing #HowWeSpend? Mobile is convenient 4 sure, but avoid impulse purchases and monitor spending. – @hperez I pay every bill that comes in mail or email via my bank’s mobile app. Easy way to track spending. – @sharon_epperson Pay all your bills (utility, cable, credit cards) w/the #MintBills app – it’s easier than ever to stay on top of it all – @mintbills Q: Let’s talk millennials. How are they saving differently than their parents? Studies show millennials less likely to have savings to cover unexpected expenses. – @CHLebedinsky Mint survey found millennials focus on fulfilling immediate needs (like rent, student loans) more than future saving – @mint Millennials are far more comfortable with using smartphones, apps and online tools to help spend & save – @TheBudgetnista Q: Best tip on finding the right balance between spending vs. saving? Think of life on both sides of the = sign. income should be >/= to expenses and if not, one side needs adjusting – @OysterRiverPart It’s important to understand the difference between items you actually NEED & those you simply WANT – @EFXFinanceBlog Spend, spend, spend will lead to poverty while save, save, save will lead to resentment. Be responsible but also have fun! – @Steve_Repak Q: What’s your personal secret to financial success? Automate savings and bill paying. Use app such as #Mint to track spending. Don’t try to keep up with Joneses – @CHLebedinsky Make saving and budgeting into a social game and enjoy it! When your having fun you will always succeed. – @pennypinchbros My secret to financial success: 1. (again, my) BUDGET –@TheBudgetnista Previous Post MintFamily with Beth Kobliner: 4 Financial Must Dos Before Saying… Next Post #BeMintValentine Giveaway: Share the Love! Written by Mint Mint is passionate about helping you to achieve financial goals through education and with powerful tools, personalized insights, and much more. More from Mint Browse Related Articles Mint App News Intuit Credit Karma welcomes all Minters! Retirement 101 5 Things the SECURE 2.0 Act changes about retirement Home Buying 101 What Are Homeowners Association (HOA) Fees and What Do … Financial Planning What Are Tax Deductions and Credits? 20 Ways To Save on… Financial Planning What Is Income Tax and How Is It Calculated? Investing 101 The 15 Best Investments for 2023 Investing 101 How To Buy Stocks: A Beginner’s Guide Investing 101 What Is Real Estate Wholesaling? Life What Is A Brushing Scam? Financial Planning WTFinance: Annuities vs Life Insurance