By reading this koob, you will learn how to make the most of your money early on in your life and pave your way to financial independence in the future.
You will also learn:
-How important it is to begin managing your money in your 20s;
-How to use compound interest to your advantage;
-How to effectively use credit cards;
-How and where to invest your money;
-What sort of retirement accounts to put your money into;
-How to intelligently purchase a car and a house, and
-How to organize, analyze and learn from your spending habits each month.
Managing your money in your 20s and 30s can be difficult, especially because as young adults we are rarely taught how to do it. It’s easy to fall into the appealing trap of spending all the money you earn, without thinking about your future. Advice from parents, or other older relatives, often tends to fall short, as the climate of the economy in the 21st century is ever-changing.
Author Chris Smith, with the assistance of 8 co-authors, is here to help. He saw there was a need to educate young adults on how to manage their income, while also paying off debt, making smart investments, saving for the future, and in turn reaching financial independence.