All articles tagged Young Adults (10)

21 Best Credit Cards for Millennials in 2018

21 Best Credit Cards for Millennials in 2018

Although the media likes to portray millennials as youngsters who live on their phones, that image needs to grow up — because those millennials certainly have. In fact, most millennials are well into their twenties, with the older faction of the generation pushing 40. Yes, all the millennials are now full-fledged adults, with all the trappings that implies — like credit cards. While millennials are growing up, their adult lifestyles reflect their coming of age in a digital... read more »

15 Best Credit Cards for Teens in 2018

15 Best Credit Cards for Teens in 2018

In 2017, the average kid in the US took home an allowance of around $8.74 a week, about the cost of a super-sized fast-food meal — or a really rockin' fidget spinner. Although the amount may seem laughably small to the typical working adult, it only takes a little income to start instilling the right financial behaviors in an impressionable young mind. Financial opportunities, like allowances and part-time jobs, can help your child learn to budget and make wise spending decisions,... read more »

15 Best Credit Cards for 18-Year-Olds in 2018

15 Best Credit Cards for 18-Year-Olds in 2018

While being among the youngest workers in the labor force, 18-year-olds tend to have the lowest incomes — and the least amount of financial know-how. But what few young people realize is that they have one key advantage over their more experienced coworkers: time. For example, time (and the power of compound interest) can make even modest retirement savings soar if started when you first enter the workforce. Similarly, the sooner you start establishing good credit, the higher the... read more »

12 Best Credit Cards for Young Adults (2018)

12 Best Credit Cards for Young Adults (2018)

Acting as a universal key to credit locks, a good credit score can make your financial life a whole lot easier. As a young adult, however, the options for establishing your credit may be limited by your age and inexperience. In particular, no one under the age of 18 can be considered for credit on their own. Furthermore, the CARD Act of 2009 prevents young people under the age of 21 from obtaining a personal credit card without proof of income or an adult co-signer with good credit.... read more »

DCU Helps More than 600,000 Members Realize Their Financial Goals through Educational Programs & Fair Banking

DCU Helps More than 600,000 Members Realize Their Financial Goals through Educational Programs & Fair Banking

In a Nutshell: Considering how convoluted personal finance can be, it’s never too early to start learning. But financial literacy and teaching young people responsible money management may not be that high on the list of subjects school systems promote. Massachusetts-based Digital Federal Credit Union (DCU) is shattering the conventional image of a financial institution by providing free informational resources to members and the public at large. Its StreetWise Consumer Education... read more »

Build Your Brand & Promote Your Passion: about.me Offers Side Hustlers Marketing Solutions that Scale with Growing Demand

Build Your Brand & Promote Your Passion: about.me Offers Side Hustlers Marketing Solutions that Scale with Growing Demand

In a Nutshell: Offering free personalized webpages, about.me is a platform where freelancers, entrepreneurs, and side hustlers can expand their audience and attract new clients. The simple design interface and step-by-step process lets anyone build an online presence to amplify their brand and image. It’s a way for side hustlers and creative types to showcase their talents, accomplishments, and skills, as well as link to their social network and promotional pages. By answering a few... read more »

The Top 6 Financial Skills Young Americans Wish For Most — and How to Learn Them with Bank of America’s Better Money Habits® Program

The Top 6 Financial Skills Young Americans Wish For Most — and How to Learn Them with Bank of America’s Better Money Habits® Program

In a Nutshell: With only so many hours in the teaching day, it likely comes as little surprise to anyone that young adults are finding themselves ill-prepared for life after graduation. The latest "Young Americans & Money" report, a joint effort between Bank of America and USA TODAY, focused on those young adults who grew up in the middle of the Great Recession in 2008. The report studied the things those ages 18 to 26 wish they'd learned more about in school, revealing that the... read more »

Level Money—The Budgeting App That Tells You What You Can Spend, Not What You Can’t

Level Money—The Budgeting App That Tells You What You Can Spend, Not What You Can’t

In a Nutshell: Level Money is a free money management app that makes it easier to spend by showing you exactly how much money you have left — your "Spendable" balance — for the day, week, and month. Simply and safely link your accounts within the app to create your personalized Plan. Created by millennials for millennials, Level Money has surpassed 1,000,000 downloads to date, helping young adults manage money painlessly.// Creating a budget is a mundane and sometimes painful... read more »

Money Under 30: How David Weliver Paid $80K in Debt in 3 Years & Documented It as a Resource for Young Adults

Money Under 30: How David Weliver Paid $80K in Debt in 3 Years & Documented It as a Resource for Young Adults

In a Nutshell: David Weliver paid off $80,000 in combined student loan and credit card debt in just three years by committing to increasing his income and decreasing expenditures. During his journey to overcome substantial debt, he began blogging about his accomplishments and MoneyUnder30.com was established as a resource for young adults in similar situations. Today it is a leading personal finance website that provides approachable, nonjudgmental financial advice to 500,000+ monthly... read more »

Study: 2 in 3 Millennials Hate Credit Cards

Study: 2 in 3 Millennials Hate Credit Cards

Credit cards may be one of the best ways to build credit, but a new survey commissioned by Bankrate found the majority of one generation wants nothing to do with them. And it's not the generation you might expect. A massive 63 percent of millennials — yes, those aged 18 to 29 who are typically known for bad credit card habits — currently do not have a credit card, according to the survey. A meager 23 percent of millennials have one credit card. Only 6 percent of millennials... read more »