Are you transitioning from college life to “adulting”?
Now that college is over, you might be feeling like you do not have the direction to make educated financial decisions at this stage in life. Should you pay down your student debt or save up a down payment first? Should you take a higher paying job in an area with a higher cost of living?
If you want to live a different kind of lifestyle than your parents, creating it may be challenging. Making socially conscious purchasing decisions is just the start. If you rely on online banking, you may not have a sense of what your monthly bills are. Without that knowledge, it is harder to handle unplanned bills or sort out what you should be spending on the basics: rent, food, and transportation.
Your Key to Financial Success As You Enter Adulthood
You can have what your parents had, or the kind of lifestyle you want, it just takes some good financial advice. Finding the right financial advisor, one you trust, and that is willing to help you gain more control over your money, should be part of the process.
Uncovering your emotional ties to money is also key to create the life you really want.
When you have a sense of what you’re spending and what changes you need to make to achieve your goals, you’ll significantly reduce your stress and anxiety.