25 Money Management Tips for Young People
12. Own your Finances
Many times young people will fall into the money management trap of always having to have someone else tell them what to do with their money. By taking control of one’s own financial future, there is a greater degree of satisfaction when a well-thought out plan works. This practice also helps avoid the pitfalls that can arise when someone else makes a bad financial recommendation to you that simply does not work out. By learning how money works early in life, a young person will be better positioned to make smarter financial decisions in the future.
