4 Financial Tips for Young Adults
How to get started on saving and investing in your future By Ajay Updated April 30, 2022 Reviewed by Ajay A class titled “Finance for Young Adults” usually isn’t part of a high school curriculum. This unfortunate lack leaves many young adults clueless about how to manage their money, apply for credit, and get or stay out of debt. States are beginning to remedy this shortcoming—as of 2020, 21 are requiring high school students to take a course in personal finance, and 25 are requiring that they take an economics class.1 That should help at least a segment of the next generation. But for those whose high school days are past, let’s take a look at eight of the most important things to understand about money. These financial tips are designed to help you live your best financial life and take advantage of the fact that the younger you are, the more time your savings and investments have to grow. KEY TAKEAWAYS Taking the time to learn a few critical financial rules can help you build a hea