Urges America’s Generation Y to Make Financial Plans

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On the heels of a Sacramento Bee article by Claudia Buck published on September 18th, 2013 titled, “New Personal Finance Website Aimed at 20Somethings,” encouraged recent college grads and young adults in their 20’s to get financially savvy in order to make the most of their youth. today promoted the unique opportunity that America’s Generation Y has to start thinking and planning out their financial future now, which will give them a huge leg up in the coming years.

A Sacramento Bee article, “New Personal Finance Website Aimed at 20Somethings,” written by Claudia Buck (published September 18th) announced a new personal finance website specifically designed for “20-Somethings.” A few features of the website as stated by Buck are online calculators and tools to help consumers pay off student loan debts or set a budget for themselves, as well as what the site calls “personality-based calculators” which are designed to analyze a consumer’s lifestyle and money habits and determine the workability of such behavior. today beseeched consumers in their 20’s and early 30’s to begin formulating long-term financial goals, set up IRA’s or 401(k)’s, and start budgeting now. pointed out that not only are there more resources than ever before for the Generation Y-ers to access—SmartPhone financial apps can assist with everything from paying bills on time, to saving money, to budgeting, to paying down debt—but that if a twenty-something consumer began contributing to an IRA or 401(k) now, as opposed to in their 30’s or 40’s, it will have that much more time to turn over and accumulate more money.

The advisors, who stated that for the record all wished they had began thinking about their financial futures earlier, also encouraged America’s youth to begin thinking about finances now because it would instill good habits for the rest of their lives. recommended that the Generation Y population school themselves on financial topics like investment opportunities, consolidating student loan debt, and how to get and keep a fantastic credit score. And even though it might seem far in the future, advised that that people start doing research on topics that may affect them later on in life. If insurance is something you decide to research,’s advice is to check out this website on no medical exam life insurance.

About is an online resource for financial news and counsel, particularly as it relates to personal finances and insurance.

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