Jon Terracciano Presentation Financial Tips for the Young Adult

Create a Budget

• Knowing where your money goes each month is the first step on the path to financial responsibility. Write down all of your monthly expenses and keep track of your spending each month.

Save

• Experts suggest saving 30% of your salary each year. This may be difficult right after graduation, but it’s important to save what you can. Check with your employer to see if they offer 401k matching or other savings programs.

Student Loan Repayment Plan

• Having a student loan repayment plan can help you pay down your debts more quickly. The faster you can pay off student loan debt, the more you’ll save on interest.