Recently, I talked about debt and how old-fashioned advice is no longer useful for someone of our generation. If you don’t have any debt yet, you will likely have some at some point. Student loans or consumer credit cars, good debt or bad debt–it's still money you owe you. A rose by another name, etc. You get the point. Coming to terms with that reality will help you plan better for your financial future.

Now, I want to address investments. An incredible number of younger people (myself included) put off making investments for the sheer fact that we don’t know very much about the markets. Personally, I’ve put off investing because it seems like something super-complicated to do.

"A good start is simply to begin saving more."

I can’t get myself to part with the money to start off because I can’t shake the feeling that I might as well just go buy 327 lottery tickets and have similar results. I know that, logically it’s not the same but you get the drift, but I simply don't know much about investing. And I can’t (hopefully) be the only one.

Let’s face it, we’re not part of the MIT Blackjack Team, nor are we clairvoyant. We don’t know what’s going to happen with the stock market, but that shouldn’t stop us from plannign for the future and trying to grow our wealth. A good start is simply to begin saving more, but once you have a nest egg, consider a financial planner. For me, meeting with one helped a lot. 

Be honest with them: tell them your concerns and what you’re comfortably able to put towards investments on a monthly basis. They’ll simplify it for you and help you make the best decision for your budget. Before choosing a financial planner, make sure they operate according to a "fiduciary standard," which means they will only offer advice that is in your best interest. Your trusted credit union–there a link to their website in the corner–can help you find a good financial planner.