Today, people in their twenties are facing more financial challenges than past generations ever had to as they try to establish a career in an unfriendly job market. This generation has grown up receiving an endless stream of multimedia marketing that spins dreams of what life should look like with every type of "must-have" consumer product. After leaving the comfort of a parents' home or college, an entry-level salary can be a cold wake-up call.
Now more than ever, young adults must focus on laying the foundation for a stable financial future. These young adults need to learn from the past money management mistakes of Generation X and Boomers.
No generation is immune from a collective financial meltdown and there will be bumps along the way for just about everyone. Young adults need to start now to prevent downfalls of previous generations. The wise money management decisions and practices you implement in your twenties will help avoid the pitfalls of debt, bad credit and