Personal Finance for Young Adults

From Broke to Boss 7 Simple Steps to Building Wealth, Crushing Debt, and Living Your Best Life as a Financial Beginner

By: Kirk Teachout

Narrated by: Mike Lenz

Avoid unnecessary debt, financial stress, and bad investments right from the start with this simple seven-step system for financial literacy.

We learn a lot of things in school that we seem to never need again. Yet one of the most important factors of a successful adult life remains almost untouched by schools: financial literacy.

The lack of knowledge and experience with money management comes at devastating costs for young adults: Nearly one in five adults between the ages of 18 and 24 with a credit record in the US currently have debt in collections.

Many of them will likely accumulate more and more debt in the upcoming years, leaving them with little to no assets and an uncertain future.

If you are between the ages of 17 and 25, it is crucial to educate yourself about personal finance.

By doing so, you will be able to utilize the money you make in the best way possible, set and achieve your boldest goals, and create financial independence for yourself.

But what is the best way to get started? Unfortunately, there is a lot of outdated and misleading information out there that can actually worsen rather than improve your financial situation.

Thankfully, this book is different. It will help you understand the most important aspects of money management, so you can achieve financial independence in just seven simple steps.

Inside this book, you will discover:

• How to build a financial mindset that will set you up for a successful future
• The five most common mistakes when setting up financial goals and how to avoid them
• Making money: How to find a job, even if you have little to no work experience yet
• The ultimate guide to getting rid of debt and staying out of it
• An introduction to budgeting: What it is, why you need it, and how to make it work for your individual situation
• The six best investment types for newbie investors and how to determine which ones will work best for you
• And much more!

©2023 Kirk Teachout (P)2023 Kirk Teachout

Financial knowledge young adults need to learn

"Personal Finance for Young Adults" is an excellent guide for teenagers and young adults who would like to learn how to manage finances. This is important topic as most young adults in these days have no idea about finance and its impact of life and career, schools do not teach them enough. This book bridges this gap by providing essential knowledge in the financial sector such as budgeting, loan, credit, retirement, investment, etc. This book also provides valuable tips and tools to help young adults how to save money and earn active and passive income. The book is well written, informative, and the voice of the audiobook is excellent. It is a must-read for teenagers and young professionals.

Invaluable resource for young adults!

This audiobook is a must-have for anyone seeking financial freedom and security. The seven-step system is brilliantly designed, offering practical and actionable advice for young adults to take control of their finances.

The author's expertise shines through, providing invaluable insights and dispelling financial myths. This comprehensive guide covers everything from debt management to investing, empowering listeners to make informed decisions and build a solid financial foundation. If you want to avoid financial stress and achieve lasting prosperity, this audiobook is your ultimate roadmap to success.

Great!

Really enjoyed the 7 main steps that this book touches on. As a young adult we all need this info!

Extremely helpful!

This audiobook is an important resource for every young adult wanting to gain financial control. It teaches readers how to detect and avoid financial mistakes while also providing an in-depth look at the principles of budgeting, saving, and investing. "Personal Finance for Young Adults" is an excellent resource for anyone trying to make better financial decisions, thanks to its plain approach and recommendations on how to take advantage of today's financial situation. Strongly recommended!

Money Power

I love money books and this is one more that provides great money power. Kirk sets up a beautiful foundation for young adults and that even adults could take advantage of. Adding to my financial toolbox.