Must-Have Financial Skills for Young Adults

Christian talk radio with Rob West

Every year, the T-I-A-A Institute Personal Finance Index reveals a worrying lack of financial literacy among 18-25 year olds. Many of these young adults lack the knowledge of basic financial concepts such as budgeting, saving, insurance and investing, leaving them unprepared to manage their money and build a secure financial future. To help young adults gain the necessary financial skills, parents and mentors should encourage them to adopt a God-centered attitude towards money, create a budget, work hard, open and manage a bank account, understand credit, learn about investing and seek advice from trusted sources. With the right guidance, young adults can be equipped with the skills they need to succeed in the real world.