One of the hardest things about letting a newly licensed driver leave the house in your car is this: They don’t know what they don’t know (but if you taught them to drive, you may have some ideas). They will learn, perhaps the hard way, and you won’t be there to offer warnings and commentary.
Finances are a lot like that. You’ve taught them, they’ve graduated from high school or college and now they are entering the real world — and figuring out that there are some gaps in their knowledge. Maybe their parents didn’t tell them, or maybe they weren’t listening when the parents did, but here’s what newly minted adults — asked via social media — told us they wished they had known more about money.
- Compound Interest
- How to Invest
- How Taxes Work
- Credit & Credit Score Management
- Buying vs Renting
Click the link below for the full article about what new grads wish they had been taught about money via Yahoo Finance.
Source: 5 Things New Grads Wish Their Parents Had Taught Them About Money – Yahoo Finance