By now, as a high school junior, you’re hearing about all the possibilities that lie ahead of you. Colleges and careers are beckoning – but you’re also hearing about the burden of student loans. But student loan debt doesn’t have to overtake your adult life if you adequately prepare for your future.
Budgeting & Managing
Getting your financial house in order doesn’t mean you have to live a life of spartan frugality and no fun. You should celebrate your successes and milestones of achievement. There are ways to do it without breaking the bank.
You’re young and probably in the best health you’re ever going to be, but don’t be fooled into thinking you don’t need health insurance. One bad auto accident or serious illness can ruin you financially, especially if you’re self-employed or work as a freelancer. How much health insurance do you need, and what kind? The …
Public transportation and ride-sharing can get you where you need to go while you’re in college, but let’s face it, public transportation in Florida isn’t quite on the level of New York or Chicago. If you live in the Sunshine State, sooner or later you’re going to need your own wheels.
Are you among the 62% of Millenials who, according to a Charles Schwab 2019 survey, live paycheck to paycheck? Take heart: You can climb out of financial insecurity and into financial stability by taking control of your spending. Will it be fun? Probably not at first. Will it be gratifying? Absolutely.
Most employers these days pay by digital deposit. Where is your employer depositing your wages? A traditional bank? Credit Union? Online-only financial institution? Online offshoot of an established brick-and-mortar establishment? An independent company such as PayPal or Bill.com? There are a lot of options to choose from. How do you choose which is best for you? By not only knowing what you need now, but also by calculating what you might need in the future.