Understanding credit for young adults

From: Tacage
Category: Classic
Added: 7 months ago
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In his book, The Credit Game he uses his experience to guide young adults in their endeavor with credit. Credit seems to be a necessity in today's world, especially for young people just starting their lives in an adult world. Unfortunately, most know little about credit and that can get them in a lot of trouble. A car is a necessity, yet few have the financial means to pay cash for one. Seeking financing can be a confusing and discouraging rite of passage. The Credit Game takes the mystery out of the process.
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Youth Have you ever thought about why money is worth anything? It's just paper and ink, or a small piece of stamped metal. To do a lot of things we need to use money. Money can give you choices and independence.
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Over 40, college students 91 percent of which were first year students were surveyed recently regarding their past financial education and current fiscal behaviors. The results were a little troubling. College sometimes feels like the void between childhood and adulthood, but once a young man or woman graduates high school and heads off to start their next stage, they're adults and they need to be able to manage their own financial affairs. With that in mind, consider the following a checklist of sorts. These are the things young adults need to know before they shuffle off to their respective dorm rooms and try to live on pizza and Cheerios for the next four years.
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Take Charge America Team None of us were born knowing how to handle our finances. Here are seven essential financial skills for young adults. Basic Budgeting Understanding how to plan and maintain a budget is a foundation of financial health at every age and one of the essential financial skills for young adults. And budgeting is easier than ever thanks to a multitude of mobile apps that do all the work for you. Understanding Wants vs Needs Ideally, this is something young people understand before they are out on their own for the first time.
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