While 18 may seem like a young age to start thinking about that, it couldn't be farther from the truth: the sooner you set yourself up for financial success, the better off your future will be.
Recently, savvy men and women met in an online discussion to reveal all the strategic moves you can make as a young adult that will pay dividends later in life.
There's nothing sexy about having an emergency fund, especially if you consider yourself someone who isn't privy to emergencies (and why would you, you're so young and healthy).
“Know exactly where all of your money needs to go and where it's actually going,” explains one woman. “This will help you stay on top of everything and avoid unnecessarily getting into credit card debt.”
It doesn't matter what kind of 18-year-old you are; everyone knows the best way to make money is to have a job. Furthermore, the best way to make a lot of money is to be fantastic at your job!
Pet ownership can bring much joy into your life, but remember; it's an investment. Adopting a pet on a whim can put severe pressure on your financial situation, and you may be unable to keep up with its seemingly neverending costs.