2. Be Financially Literate
Now that you’re a big boy or girl, it’s time to make sure you understand some of the basics of finance. Take some time to read up a bit on things like stocks and bonds, interest rates, mortgages and life insurance. We’re living during a time when just about everyone has a staggering quantity of information literally at their fingertips, so take advantage of all that free online knowledge. There are more websites out there with good information about finance than you could ever hope to visit in a lifetime. It won’t take all that much time and effort to read up on the basics and increase your financial IQ by a few points.