Full of Dreams With Empty Pockets
High-school graduates have to make up for lack of classes on financial education
Managing finances is one of the most crucial changes young adults face as they emerge from high school, not helped by lack of financial literacy classes.
Whether planning for college, entering the workforce or exploring other opportunities, new graduates must understand budgeting, saving and smart spending. They have little margin for error.
For his part, Brian Page, founder of Modern Husbands, has battled to instill financial literacy, having taught the subject — a rarity — in high school for 15 years.
Together with financial experts at consumer credit reporting company, Experian, Page outlined a sort of beginner’s guide for navigating finances after high school.
Graduates Find That They Need Advanced Lessons About Money
Key financial responsibilities after high school include budgeting, opening a savings account, understanding credit and managing debt. Also, start building an emergency fund, look into health and car insurance, and plan for future education costs if applicable.
“Protect your digital footprint because you are your own greatest asset,” Page said…
