Money. It matters to all of us. It allows us to eat, sleep somewhere comfortable, stay warm, stay healthy and stay clothed. It allows us to get an education, do fun things with friends, and visit our families. Money makes vacations and adventures possible. It allows us to tick things off on our bucket lists,and share important moments with our partners. It also allows us to do the important things in life like get married, have kids, and go to Disneyland. Someday, (if we plan well) it will even help us retire.
But money has to be respected. If we want to be good with money we have to appreciate not only what money can do for us when we spend it, but also what it can do for us if we save and invest it. And for Generation Y, that has to start now because if we don’t start now we will be playing catch-up for the rest of our lives. Whether you’re still a teenager or heading into your 30s money is something we need to start learning about.
Saving money now, staying out of debt, and making smart financial decisions could mean that we won’t have to worry about money later in life. But equally, the bad financial decisions we make could potentially haunt us for years to come.
I love talking about things like graduating debt free, saving money, taxes, investing, frugal living, and dealing with debt. These are the things that we should be talking about more often and sharing with our friends and they’re the things that I’ll be writing about in this blog.
I have experience with all of these topics. Through frugality, hard work, and generous scholarships, I managed to get two English degrees without having to take out any student loans. So, when I started working I started saving and investing and learned a lot of tips and tricks that I want to share on how to be successful at it. Later, when my partner lost his job, I had to be resourceful and find even more ways to save money.
In September, I will be releasing my first e-book titled The Complete Guide to a Debt-Free Education. I use my experience of graduating debt free and my work over the last five years as a scholarship and admissions consultant to inform my suggestions and advice. In this book, you will learn how to choose the right school, get financial aid and scholarships, live frugally and earn extra money.
I’ll be sharing more about that in the weeks to come. Thanks for joining me on this journey. I’ll show you that Gen Y doesn’t have to be financially clueless. We can take control of our finances and ensure that we feel empowered by money and use it in ways that make our lives more fulfilling and secure rather than using it in ways that create uncertainty and fear.