LIFESTAGES - YOUNG ADULTS
The choices you make and the habits you form now may impact how much financial freedom you have through the years and even decades ahead.
This is the time when you are usually on your own away from home or attending college. Of the many things that need to deal on your own from this stage of your life is managing your personal finances.
If you are starting at your first job, you probably already have a list of ways you want to spend your money. But it’s important to lay down some ground rules for yourself to make the most of your money. If you are headed off to college, you still need rules for spending – namely making a monthly budget. It will help you stay on the right track. If you will work while going to school, this can help you figure out how far you can stretch those dollars. It will be a challenge to manage both your time and your money wisely, but it can be done.
For help in determining the best practices and products for sound and productive money management during your particular lifestage, please contact us at firstname.lastname@example.org
Tips to get started:
- When you start saving, set a savings goal and keep track of your progress.
- If you have a job, don’t spend everything you make.
- Manage your checking account by recording all transactions, even deposits.
- Know your account details (i.e. benefits, minimum balance requirements, service fees, overdraft charges, interest rates, deposit or withdrawal restrictions, etc. )
- Treat yourself once in a while, but as a general rule look for bargains when shopping.
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We’ve create a suite of financial products and let you choose which features you want to improve your financial future. Including plenty of “free stuff.” Perhaps some expert advise and a financial plan. Free checks, free debit card, no more overdraft charges, waived ATM fees, reduced loan rates and so much more. Features that actually help you save and grow your money.
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