Saving, budgeting and all other aspects of financial management are hard enough to learn, let alone to teach. It’s nevertheless critical to start instilling financial literacy from an early age. In fact, a recent survey conducted by the National Financial Educators Council revealed that more than half of the 18-24 year-olds polled believe a high school course in money management would have benefited their lives. As a jumping-off point for discussion with today’s young adults, here are 11 quick nuggets of financial wisdom from influencers, past and present.
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Fifty years ago, it wasn’t at all unusual for an individual to work his or her entire adult life for the same company. Today, however, by the time they reach age 50, the average baby boomer will have held nearly twelve different jobs.1 As a result, many people find themselves juggling multiple legacy retirement accounts that they’ve maintained at previous employers.