DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Financial Stress Relief: Strategies for Young Adults
Financial Stress Relief: Strategies for Young Adults

Financial Stress Relief: Strategies for Young Adults

Update: 2025-12-05
Share

Description

Financial experts Ken Mahoney and Taylor Kovar offer practical advice for young adults facing financial stress. They suggest building fall back money - a savings buffer of ten to twenty thousand dollars for emergencies. The experts also recommend a balanced approach to debt and investing, contributing to both every month. For those new to investing, they suggest starting with small, regular contributions to an index fund. Additionally, they advise cutting down on daily expenses like food delivery and unused subscriptions to manage rent and savings. By focusing on these habits, young adults can build financial security and reduce stress.

The Daily News Now! — Every city. Every story. AI-powered.


Hosted on Acast. See acast.com/privacy for more information.

Comments 
loading
00:00
00:00
1.0x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Financial Stress Relief: Strategies for Young Adults

Financial Stress Relief: Strategies for Young Adults