Young adults have a lot going for them but also a lot going against them. They have technology, science and research at their finger tips but one thing we continuously see is that they aren't educated in real practical personal finance topics. They don't teach personal finance and budgeting classes in school's any more. Only 17 states require a personal finance class (and economics or civics that cover personal finance are acceptable). Also, parents are not well equiped to teach their children about personal finance because they haven't been taught it either.
In this 4 part series, we will be interviewing 3 different young adults to get their point of view on what they know about personal finance, what they wished they knew and what they want parents and their peers to know. Alex isin high school, Dakota recently graduated from college and Allison is still in college. We will be interviewing Allison twice. Once before a financial coaching session and once after the financial coaching session so she can give her perspective on the benefits of a financial coach and tell everyone the most important things she learned.
This episode features Dakota, who graduated from college last year and is currently working but planning on going to graduate school in the fall of 2017. We talk with her about her experience with personal finance and budgeting, temptations, tips she has and mistakes she has made.
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