3 Finance Tips For Teens
How to Secure Your Financial Future As a Teen???????? Learning financial concepts as a teen will set you up for success in the future. Here are three simple financial tips you can do right now: ???????? Get your parents to add you to their credit card to build credit and reputable banking history. To purchase a house or take out a loan, you need good credit to prove to the banks that you're responsible and will pay back the debt. ???????? Get your parents to help you set up a Roth IRA. A Roth IRA is an investment account where you can contribute up to $12,000 after-tax dollars per year. Roth IRAs typically have an interest rate of 10%, which means you will have a nice retirement fund by the time you retire. ???????? Cut your social life in half. I know your social life is important, but so is becoming financially literate and secure at a young age. Most of your friends won't be financially secure as adults and retire early, but that doesn't mean you can't. Want to learn my 3-step process for finding freedom by building an online business? Get my FREE eBook ???? https://entretrainingclass.com/shortcut/fb/9?sl=ytjefflerner #shorts #financetips #adviceforteens
Entre Institute Team
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How to Secure Your Financial Future As a Teen????????
Learning financial concepts as a teen will set you up for success in the future.
Here are three simple financial tips you can do right now:
???????? Get your parents to add you to their credit card to build credit and reputable banking history.
To purchase a house or take out a loan, you need good credit to prove to the banks that you're responsible and will pay back the debt.
???????? Get your parents to help you set up a Roth IRA.
A Roth IRA is an investment account where you can contribute up to $12,000 after-tax dollars per year. Roth IRAs typically have an interest rate of 10%, which means you will have a nice retirement fund by the time you retire.
???????? Cut your social life in half.
I know your social life is important, but so is becoming financially literate and secure at a young age. Most of your friends won't be financially secure as adults and retire early, but that doesn't mean you can't.
Want to learn my 3-step process for finding freedom by building an online business? Get my FREE eBook ???? https://entretrainingclass.com/shortcut/fb/9?sl=ytjefflerner
#shorts #financetips #adviceforteens
