1034. Watching the young adults in your life navigate their first "real" job is an exciting milestone—but it can also be stressful if you notice them carrying credit card debt or skipping out on savings. Laura answers a heartfelt question on this topic with five non-judgmental strategies to guide a young person toward financial success without sounding overbearing. 

Key takeaways

• To help a young adult improve their personal finances, trade lectures for personal storytelling, like sharing your money blunders.
• Ensure a first-time Gen Z earner understands that paying only the minimum on high-interest debt is a trap that escalates the cost of original purchases.
• Frame credit cards as sophisticated financial tools with excellent benefits that need to be handled carefully, such as with automated payments to avoid interest.
• Investing when you’re young allows you to build wealth for less out-of-pocket than waiting until you earn more. 
• Not maximizing an employer’s retirement match is like turning down a salary raise for no extra work.
• Ask open-ended questions about a young adult’s lifestyle goals, workplace benefits, and day-to-day spending shocks rather than telling them how to budget.

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