Is homeownership a good investment for young adults?
For many young adults—Millennials and Gen Z alike—homeownership has long been the symbol of financial success and stability. But in today’s climate of high interest rates, steep home prices, and shifting lifestyle preferences, it’s worth asking: Is buying a home still a smart investment? Or could renting offer a better path toward other financial goals? 1. […]
Why “Balancing” Matters More Than Ever
If you’re in your teens, 20s or 30s, you’re probably juggling a dozen competing money priorities at once—everything from this month’s rent to next summer’s backpacking trip to the retirement you can scarcely picture. Meanwhile, the typical American puts away just 4.9 percent of take-home pay as of April 2025, barely half the pre-pandemic average. […]
The Current State of Financial Literacy Among Gen Z and Millennials
Why talk about money skills now?Gen Z (roughly ages 18-27) and Millennials (about 28-44) are the two largest generations in the workforce and will inherit an estimated $84 trillion in wealth over the next 20 years. Yet the data show that many young adults still feel as if they’re steering that wealth with the dashboard […]
Buy Now, Pay Later: The Alluring Trap of Modern Consumer Credit
In recent years, Buy Now, Pay Later (BNPL) services have surged in popularity, offering consumers the ability to split purchases into manageable installments. Companies like Klarna, Afterpay, Affirm, and Zip have become household names, promising financial flexibility and convenience. However, beneath the surface lies a complex web of potential pitfalls that can ensnare unsuspecting consumers […]
The Challenges of Student Debt and Rising Living Costs in 2025
In 2025, Americans are grappling with the dual challenges of escalating student debt and increasing living expenses. With the resumption of federal student loan collections and inflation impacting essential costs like housing and groceries, many are seeking strategies to manage their finances effectively. This guide delves into the current landscape of student loan forgiveness programs, […]
What Does Financial Independence Mean For Young Adults Today?
For young adults navigating a rapidly changing economic landscape, the concept of financial independence has taken on a new and deeply personal meaning. It’s no longer just about saving for retirement at age 65 or buying a house with a white picket fence. Financial independence (FI) today represents freedom—freedom from debt, freedom from living paycheck […]
Effective Ways to Save for Emergencies
What are Some Effective Ways to Save for Emergencies? Life is full of surprises, and not all of them are pleasant. Whether it’s an unexpected car repair, a medical emergency, or a sudden job loss, having an emergency fund can mean the difference between a minor inconvenience and a financial disaster. Building an emergency fund […]
Common Financial Mistakes and How to Avoid Them
The “10,000-hour rule,” popularized by Malcolm Gladwell in his book Outliers, suggests that achieving mastery in a skill requires approximately 10,000 hours of deliberate practice. That idea rings especially true when it comes to money. While gaining financial literacy can take time, avoiding some common missteps early in life can make a huge difference in […]
How to Start Investing with Limited Funds
How to Start Investing with Limited Funds Investing is one of the best ways to build long-term wealth, but for many young adults especially, the idea of investing can seem overwhelming—especially if you don’t have much money to start. The good news? You don’t need a fortune to begin your investing journey. Thanks to advancements […]
What Role Does Financial Literacy Play in Achieving Life Goals?
Financial literacy is one of the most powerful tools you can possess on the journey to achieving your life goals. Whether it’s buying a home, traveling the world, launching a business, or securing a comfortable retirement, understanding how to manage money effectively is a crucial step toward success. Unfortunately, many young adults enter adulthood without […]