25 Money Management Tips for Young People
15. Set Realistic Financial Goals
A big management tip for newly graduated young people is to make sure that one is very realistic to the point of being conservative when it comes to setting financial goals. In order to achieve the material things that many people set as goals it takes a combination of time and hard work for most people. If a big purchase can wait until tomorrow to be purchased, then the odds are that one can just wait until the basic financial goals are met and debt is paid off before making that big car or jewelry purchase.