What I Wish I Knew About Money at 22

Today, Neela and Mary Beth delve into their personal journeys and the financial wisdom they've amassed since their early twenties. From Neela's credit card reckoning post-studying abroad to Mary Beth's strategic dance with student loans, they'll discuss the crucial early steps they wish they'd taken, like the timely kick-off of a Roth IRA and strategies for building personal wealth. Along the way, they'll tackle the gender gaps in entrepreneurship, unravel the mysteries of paychecks and taxes, and underscore the transformative power of smart saving strategies. With a lens on the past and an eye toward the future, they lay the groundwork for financial fluency and success. Tune in and equip yourself with the know-how to navigate your financial world with confidence. For additional resources, information, and a full transcript of the episode, visit our website. To access our podcast disclosure information, visit this page. What You'll Learn in this Episode: Some tips for all of us to help keep us financially on track and avoid the sidetracks How to address splitting the bill when going out with friends How to avoid the feeling of obligation if you are a higher earner How to start building your credit early (and how to continue to protect it) A few good financial habits that future you will be thankful for How to budget for events that come up that you want to attend If you have the support, how to lean on your family to make sure you stay on track financially One way to approach a career change, to include exploring entrepreneurship A few tips to take calculated risks in your career and in your finances How to establish a good financial foundation Additional Resources: Retirement Savings Strategies for Every Decade of Your Life 401(k) vs IRA: How to Save for Retirement Your Greatest Asset: Investing in Yourself for Career and Financial Growth How to Negotiate Your Salary Like a Pro Stay Connected: Join the Abacus community by connecting with us on Facebook, Twitter, Instagram and on LinkedIn Connect with Mary Beth on Twitter, Instagram, and on LinkedIn Connect with Neela on Twitter, Instagram, and on LinkedIn