Where do you see yourself 5 years from now? What about 10 years from now? Perhaps your vision includes some degree of financial security, such as a vacation to Europe or a luxury vehicle. At the very least, you want to have enough money to eat out or buy concert tickets without worrying about finances. As the cost of living continues to rise, so does the debt burden for young people. First-time homebuyers have plummeted to the lowest levels of a generation, as college debt weighs on young workers’ personal balance sheets. In other words, the financial decisions you make today will determine whether you will pay the price or reap the rewards in the years to come.
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