Resources for Young Adults

Level up your life skills! The real world throws a lot of financial stuff your way – jobs, cars, apartments, you name it. This page was created to answer the many questions you may have and serves as a compass to help you navigate it all. Explore fun games, clear video guides, and helpful articles to help you take control of your finances and build a bright future.

If you come across any financial terms you're unsure about, there's a handy online resource with clear definitions to help you out: Financial Literacy Glossary 

When You Turn 18 - A Legal Survival Guide

When You Turn 18 - A Legal Survival Guide

Turning 18 comes with a wave of new legal rights and responsibilities. To help teens navigate these changes, the California Lawyers Association has created an excellent guide answering common questions.

When You Turn 18: A Legal Survival Guide (PDF)

Earning an Income

Earning an Income

Just got your first paycheck? Don't be confused! These resources will show you how to read your pay stub and explain what all those deductions mean. Plus, a fun video lets your paycheck explain things itself!

Moving Out

Moving Out

Ready to fly the coop? Many young adults moving out for the first time only think about rent and are surprised at the amount of thought and preparation needed for a successful launch. In this section, we have outlined other things for you to think about as you're getting ready.


College

College

By planning ahead, you can find scholarships, meet deadlines, and choose the right financial aid package, making college a smoother and more affordable journey.

Budgeting

Budgeting

Managing your cashflow by establishing a budget is key! Starting early before you build bad habits will help throughout your entire life. These resources will help you learn how to build a budgeting plan to reach your money goals, from that new phone to saving for college. Learn the basics and track your income and expenses like a pro.


Saving

Saving

Saving builds your safety net for emergencies, lets you reach big goals, and reduces stress. Start building a strong foundation today by learning smart savings tips and habits.

Banking

Banking

A bank account not only keeps cash safe, it offers money management and allows you to build positive banking history. It is also  a stepping stone to accessing future loans.

Credit & Debt

Credit & Debt

Credit, at its core, is simply the ability to borrow money and pay it back later, usually with a bit extra tacked on as an interest fee. It's like a trust system between you and a lender, like a bank. You show them you're responsible by paying back what you borrow, which builds your creditworthiness. This good credit score then helps you borrow larger sums of money for bigger things in the future, like a car or a house. It's important to use credit responsibly to avoid getting yourself into too much debt.

Financing

Financing

Rev your financial engine! Before you zoom off in a new car, these resources will help you figure out what you can truly afford. Learn the difference between leasing and buying, and get tips from the Consumer Financial Protection Bureau (CFPB) on planning for big purchases like cars and houses. Drive smart, not broke!

Retirement Planning

Retirement Planning

Retirement isn't a one-size-fits-all event. Time is your greatest ally – even small, consistent contributions can snowball into a substantial nest egg thanks to compounding.


The earlier you begin saving, the more control you have over your retirement timeline. Some people dream of retiring early to pursue passions or entrepreneurial ventures, while others might choose a traditional retirement age. Ultimately, the amount you've saved and your desired lifestyle will significantly influence your retirement date.


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Investing

Investing

Imagine you're at a party with a bunch of friends, and you all decide to chip in some money for a giant pizza. But instead of just one kind of pizza, you want to get a few slices of different varieties to try.


Investing can be kind of like that giant pizza. There are many different flavors and varieties to pick from and some are more spicy (aka risky) than others (think jalapeño). Many new investors are unaware of the types of investments that are available and the risks involved with each.


Mutual Funds and Exchange-Traded Funds, for example, are pools of money from many different people who want to invest in a common objective. Instead of having to pick and choose individual stocks or bonds, a professional manager does the picking for you.  


Crypto, well... that's pretty spicy. The links below will help you understand the difference.

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Life Insurance

Life Insurance

Young adults often overlook life insurance, assuming it's something for later in life. However, there are significant advantages to getting coverage early on. The cost of life insurance is heavily influenced by your age and health. By securing a policy in your 20s or 30s, while you're likely healthy, you'll lock in lower premiums for years to come. Additionally, you never know what health challenges the future might hold.


Life insurance isn't just about safeguarding your own future – it offers financial security for those who depend on you. Even young people may have parents, siblings, or partners who rely on their income. A life insurance policy can act as a safety net for these loved ones in the event of your unexpected passing. It can help cover expenses like funeral costs, outstanding debts, and even provide income replacement to help them manage financially.


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Free Financial Literacy Classes

Free Financial Literacy Classes

If you are interested in taking a financial literacy course, there are free options available to you! Visit our "Resources for Adults" page to learn more!

Protecting Your PII

Protecting Your PII

Personally Identifiable Information or PII is information that can directly or indirectly identify you. Information like your Social Security number, address, and bank details should always be protected. If stolen, thieves can open accounts in your name, drain your money, and harm your credit score.