Financial Checklist for Young Adults: What I Wish I’d Known Then

Even if you think you know critical information, do you really understand what it means and the impact it could have on your standard of living later in life?

A young woman looks thoughtful.
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As a young adult, you know it’s important to make smart financial choices and form good habits. Yet how can you establish smart financial habits if you don’t know what you don’t know?

If you don’t know much about money, you’re not alone. A recent study by the National Financial Educators Council showed more than 50% of high schoolers failed a national financial literacy test. I connected with financial mentors and studied finance as a young adult, yet there are still important financial lessons I wish I had received earlier.

The following is a list of guidelines and important actions to help you build a foundation and get a strong start in your financial journey. This is the financial wisdom I wish I had listened to and fully understood in my 20s.

Valerie Thomas
Managing Director, Chief Client Experience Officer, Marquette Wealth Management

Valerie Thomas is a Managing Director and the Chief Client Experience Officer of Marquette Wealth Management, a high-touch wealth management firm with integrated investment and financial planning services. An original founding member and part of the firm’s management team, she is responsible for a variety of strategic firm initiatives, with a primary focus on optimizing the client experience by customizing investment and planning strategies.