Navigating the complexities of early career finances can be difficult but can establish a solid foundation for long-term financial stability and growth. In this episode, we focus on empowering young professionals to achieve financial success. Guest, Melissa Olson, Head of Wealth Education at Johnson Financial Group, shares her knowledge on foundational financial principles, the importance of distinguishing between needs and wants, goal setting, and creating a balanced spending plan. She also highlights the significance of starting retirement savings early, even if it's just a small contribution, and the necessity of having an emergency fund. Melissa's insights on behavioral finance, the impact of good vs. bad debt, and the importance of open family conversations about money. Tune in for insightful advice to help young professionals navigate their financial journeys with confidence and clarity.
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