A lot of people find it difficult to handle money when they're young. As evidence, a lot of young adults who just had their first job spend their salaries on things which are wanton or extravagant. Usually, they end up with nothing, or gadgets which depreciate faster than your toenails grow. Here are a few tips for the young to be financially secure:
1. Get an income source. The first step, is, of course, to make sure that money is coming in. Find a job that you actually like, not one which only pays well but bores you to death or tires to the point that you bad-mouth it everyday. Good vibes, right there. Find your passion and look for ways to earn while you're at it.
2. Save! This is a staple! You should CONSISTENTLY SAVE a portion of your income. Set up a percentage of your income and save regularly. It doesn't matter how big or how small as long as you remain faithful to your saving scheme.
3. Build up a nice credit standing. If your salary can afford it, open a credit card account and engage in it responsibly. In the future, when you decide to get a loan (a car loan, a house loan, an investment loan, etc.) the clean slate will be useful.
Now, aside from those three, you have to really spend your money wisely. Be frugal. Don't let your wallet itch everytime you see a Pizza Hut flag or a Burger King flag. It's about time that you take charge of your money matters. If it's not now, when?
