Jon Terracciano Financial Tips for the Young Adult
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Jon Terracciano presented financial tips for young adults, including creating a monthly budget to track expenses, saving 30% of one's salary each year through employer programs like 401ks, and having a student loan repayment plan to pay off debts quickly and save on interest.
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Jon Terracciano Financial Tips for the Young Adult
- 1. Jon Terracciano Presentation Financial Tips for the Young Adult
- 2. Create a Budget Knowing where your money goes each month is the first step on the path to financial responsibility. Write down all of your monthly expenses and keep track of your spending each month.
- 3. Save Experts suggest saving 30% of your salary each year. This may be difficult right after graduation, but its important to save what you can. Check with your employer to see if they offer 401k matching or other savings programs.
- 4. Student Loan Repayment Plan Having a student loan repayment plan can help you pay down your debts more quickly. The faster you can pay off student loan debt, the more youll save on interest.