25 Money Management Tips for Young People

6. Develop Marketable Skills

It is hard to manage money if one does not have any. Before investing too much time and energy into diversifying one’s holdings, it’s more important to make a plan for the future with regards to  obtaining the desired skillsets for the type of work one wants to do. For many young people, finding part-time work that helps build basic skill sets like working in office productivity software suites, making and executing schedules, and ordering supplies will only help one down the road. These skills also include the ability to communicate via email, phone, and the written word in a manner that is acceptable within industry. As a young employee, if you do not enjoy the work you are doing for a “bridge” job, then it is generally easy enough to move on to something else without a significantly negative impact.