Personal Finance For Young Adults: From Broke to Boss 7 Simple Steps to Building Wealth, Crushing Debt, and Living Your Best Life as a Financial Beginner

Description

Avoid unnecessary debt, financial stress, and bad investments right from the start with this simple 7-step system for financial literacy.

We learn a lot of things in school that we seem to never need again. Yet one of the most important factors of a successful adult life remains almost untouched by schools: financial literacy.

The lack of knowledge and experience with money management comes at devastating costs for young adults:

Nearly one in five adults between the ages of 18 and 24 with a credit record in the U.S. currently have debt in collections.

Many of them will likely accumulate more and more debt in the upcoming years, leaving them with little to no assets and an uncertain future.

If you are between the ages of 17 and 25, it is crucial to educate yourself about personal finance.

By doing so, you will be able to utilize the money you make in the best way possible, set and achieve your boldest goals, and create financial independence for yourself.

But what is the best way to get started? Unfortunately, there is a lot of outdated and misleading information out there that can actually worsen rather than improve your financial situation.

Thankfully, this book is different. It will help you understand the most important aspects of money management, so you can achieve financial independence in just 7 simple steps.

Inside this book, you will discover:

• How to build a financial mindset that will set you up for a successful future
• The 5 most common mistakes when setting up financial goals and how to avoid them
• Making money: How to find a job, even if you have little to no work experience yet
• The ultimate guide to getting rid of debt and staying out of it
• An introduction to budgeting: What it is, why you need it, and how to make it work for your individual situation
• The 6 best investment types for newbie investors and how to determine which ones will work best for you
• Passive income streams that don’t require a lot of effort or capital – work once, create recurring profit
• And much more!

“Would this actually work for me?”, you may be asking. The clear answer to this question is: Absolutely!

This is not some “get rich quick” scheme, but the system that self-made millionaires have used to build long-term wealth and independence.

Right now, you have a huge advantage: Your age. The younger you get your finances in order, the easier it will be for you to achieve the life you dream of.