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Financial education

7 Ways to Help Young Adults Build Financial Skills

Money decisions become more independent with age. Supportive conversations and low-stakes practice can help young adults understand trade-offs and build habits at their own pace.

Start with everyday decisions

  1. Build a simple monthly budget from income and regular expenses.
  2. Set a savings goal and choose a realistic recurring amount.
  3. Compare account fees and terms before opening an account.
  4. Discuss how credit works and how to read repayment terms.
  5. Review how to spot suspicious messages and protect account access.
  6. Practice planning for irregular costs such as repairs or school supplies.
  7. Encourage questions before signing up for a financial product.

Make room for changing goals

Financial priorities change as education, work, and family responsibilities change. Revisit plans periodically and focus on understanding the choices available rather than following a one-size-fits-all formula.

See Noven CreditUnion’s young adult banking information for available services and disclosures.