What do most young people worry about? University, travelling, drinking and parties? What most young people don’t think enough about is long term financial planning and being financially responsible. A survey by the National Financial Educators Council found that 51% of respondents between 18 and 24 believed money management would be the high school course that would benefit them the most .
Category: Building Wealth
The best way to take control of your household finances is to do a Budget. A Budget is a simple tool that will help you to understand the money coming in and going out of your household. It will show you if you are spending more, or less than you can afford, and this will then enable you to act to find the right balance between spending and saving.