You could be missing out on an easy way to save money and make a profit if you work at a public company that offers an Employee Stock Purchase Plan. Find out what you need to know.If you work for a public company, it’s quite possible that you’re missing out on one of the easiest and best ways to save money. This little powerful savings vehicle is called an Employee Stock Purchase Plan and it literally allows you to tap into untapped dollars.

With an ESPP, you can purchase company stock at a discount with money that is funded through payroll, and then turn around and sell your shares of stock for hopefully a profit. Use that extra money to rock all those money goals that you have.

According to Fidelity research, only 29% of people contribute to an ESPP when it’s available at your company. Chances are you could missing out on untapped dollars if you’re not participating.

On This Podcast Episode:

  • Get the down low on what an Employee Stock Purchase Plan is
  • Understand the two most important pieces of information you need to know
  • How you can use the ESPP to fund your money goals
  • Why an ESPP is as good as liquid savings

Links Mentioned:

Thanks for Tuning In:

Thanks for tuning in to listen to this episode of Millennial Money. If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section below. If you’ve enjoyed this episode, please share it using the social media.

Also, please leave an honest review for Millennial Money on iTunes! Ratings and reviews are extremely helpful and much appreciated! You’re awesome!