getting a tax refund? if contribute to a roth ira financial connection by suze orman start building savings and plan for the future can i give to young adults who are just getting their first full-time job? starting strong advice for your loved ones as they make the move toward financial independence marc royce start strong is an amazing gift get comfortable with juggling asked if a young adult should focus on paying off student loans or start saving best approach is to work toward different goals from the get-go raises will be get on top of any student loan debt don't miss the deadline to start repayment for federal student loans there is a six- month grace period between when a stu- dent leaves school and when repayments repayments will create a serious financial mess that can haunt a person for years advised people to "live below your means but within your needs.” if you do that right out of the gate of adulthood you will have an easier time building up more money for other goals every dollar saved at an early age will letting that money grow until you are 72 your decade of saving for when you are the exact same amount in your 10-year compounding can work longer to net you not advocating saving for only 10 years; it just makes the power of compounding when you are starting out is to commit to a monthly savings plan matic bill pay and you will never be late monthly transfers from checking into your emergency savings fund ensures you will have a cushion to help you through stay on track suze orman is an emmy award- winning tv host new york times bestselling author and motivational answer selected questions in this that unpublished questions cannot be answered individually email connection acostco.com please include "financial connection" in the subject line juggling finances she should use savings to student loans for nursing school or focus on making monthly payments this is where juggling comes look into consolidating the loans into one fixed-rate payment an emergency fund is vital as is getting rolling with retire- ment savings to make a faster dent in paying off her expensive to really double down on within her needs.-so
