Chapter 15
Ten Important Money Management Steps for Young Adults
IN THIS CHAPTER
Dealing with general life changes
Keys to making the most of your money
Hopefully the day will soon arrive when your offspring will have completed their college degree or other desired training. And, even better, your now young adult will also hopefully find a job and become financially independent of you!
Congratulations to you for when this day arrives. While you should feel proud and satisfied, don’t rest just yet. Make sure that you set your kids turned young adults out into the real world with the important knowledge regarding managing their money and making the most of the money that they earn.
This chapter highlights ten important things that your young adult offspring should know. So, I’ve written this chapter for and directed to your kids. Ask them to read it!
Getting Financially Fit, Now!
Moving to a full-time (first) job is a big deal and a big change for most young adults. Embrace getting your feet on the ground financially speaking!
Probably the most important thing you can do is to keep your living expenses down and subdued so that you can live within your paycheck and hopefully save some money regularly (more on that in a moment).
Some say to live like a college student! Most people ...
Get Paying For College For Dummies now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
