NFEC: Industry Experts Cite Key Financial Education Topics for Young Adults

It was great to be featured in a round up of solid advice from fellow CFP®s in this NFEC article. 

These sentiments are echoed on by Kate Holmes, CFP, CEO and Founder of Belmore Financial in Las Vegas. “Since a lot of habits are formed early on, it’s imperative to learn the benefits of compounding and the effects of debt when you begin your first job,” Holmes states. “Knowing how to prioritize and save for long term goals is essential before big expenses like your first home, starting a family, getting married, or going back to school.” Holmes also mentions the fundamental need for young adults to study investment basics early on: “Learning the difference between savings and investment accounts and how different investments work should happen in your late teens or early 20s,” she says.

Read the full post here.