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Money Management for Young Adults: From Your First Paycheck to Your First Million
Take control of your financial future—with your very first paycheck!Your paycheck, your responsibility. It’s time to saddle up and take the reins. Prepare to become a sharp-shooting budgeter, resolute saver, and top-tier investor on the path to financial freedom.
Whether you are just entering the workforce or have been earning an income for a while, Money Management for Young From Your First Paycheck to Your First Million, is your comprehensive guide to smart money decisions. In this book, you will
Learn how to start investing ASAP. Multiply your money, not your worries.Bid farewell to student loans, credit card debt, and other financial foes.Turn your rainy days into sunshine with saving strategies for emergencies and retirement.Gain confidence in your money decisions. Follow an easy-to-use road map to get the most from each paycheck.Can you imagine a life where money worries are a thing of the past? Where you can travel and pursue your passions? If you lack financial stability, you will likely struggle to unlock your full potential as well as everything you have to offer society. This book presents a sure way to earn your passport to freedom, flexibility, and living your best life.
Whether you are just entering the workforce or have been earning an income for a while, Money Management for Young From Your First Paycheck to Your First Million, is your comprehensive guide to smart money decisions. In this book, you will
Learn how to start investing ASAP. Multiply your money, not your worries.Bid farewell to student loans, credit card debt, and other financial foes.Turn your rainy days into sunshine with saving strategies for emergencies and retirement.Gain confidence in your money decisions. Follow an easy-to-use road map to get the most from each paycheck.Can you imagine a life where money worries are a thing of the past? Where you can travel and pursue your passions? If you lack financial stability, you will likely struggle to unlock your full potential as well as everything you have to offer society. This book presents a sure way to earn your passport to freedom, flexibility, and living your best life.
- GenresFinanceNonfictionMoney
177 pages, Kindle Edition
Published May 13, 2023
29 people are currently reading
2126 people want to read
About the author
Luke Villermin
3 books24 followersLuke Villermin opened a retirement account and started investing in the stock market at fifteen years old. His only regret…he didn’t start earlier. Since then, he has become the best-selling author of the "Invest Now Play Later" series and has shared his investing knowledge on multiple podcasts and interviews.
When he isn’t working his corporate day job or advocating financial literacy for young people, you can find him hiking, camping, and traveling to new places.
Visit his website at lukevillermin.com. He loves to hear from readers.
When he isn’t working his corporate day job or advocating financial literacy for young people, you can find him hiking, camping, and traveling to new places.
Visit his website at lukevillermin.com. He loves to hear from readers.
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Displaying 1 - 10 of 10 reviews
May 18, 2023
This was an amazing book! I feel very confident to manage my finances better once I start my new job very soon. Although I still fall under the category of young adult, I wish I had it sooner in college (or even high school). The finance roadmap was a great touch. A masterpiece in my opinion!
May 18, 2023
"Money Management for Young Adults: From Your First Paycheck to Your First Million" by Luke Villermin is an indispensable guide that equips young adults with the essential financial skills and knowledge needed to navigate the complex world of money.
In this practical and engaging book, Villermin addresses the unique financial challenges faced by young adults as they enter the workforce and begin building their financial independence. Whether it's managing student loans, creating a budget, understanding credit, or investing wisely, Villermin covers a wide range of topics that are crucial for financial success.
The book starts with the basics, helping readers understand the importance of setting financial goals, developing a budget, and building an emergency fund. Villermin provides practical tips and strategies to save money, avoid debt, and make informed decisions when it comes to spending.
As the book progresses, Villermin delves into more advanced concepts, such as investing, building wealth, and planning for the future. He offers clear explanations of various investment options, from stocks and bonds to real estate and retirement accounts, and provides guidance on how young adults can start investing even with limited funds.
Moreover, "Money Management for Young Adults" goes beyond the technical aspects of finance and addresses the mindset and behavior necessary for financial success. Villermin emphasizes the importance of developing healthy financial habits, cultivating a savings mindset, and making informed decisions that align with long-term goals.
Throughout the book, Villermin uses relatable examples and real-life stories to illustrate key concepts, making it accessible and engaging for young readers. He provides practical exercises and action steps at the end of each chapter to help readers implement the strategies discussed.
"Money Management for Young Adults: From Your First Paycheck to Your First Million" is an empowering and comprehensive guide that empowers young adults to take control of their financial future. With Luke Villermin's expert advice and actionable insights, readers will gain the confidence and knowledge needed to make smart financial choices and build a solid foundation for long-term financial success.
In this practical and engaging book, Villermin addresses the unique financial challenges faced by young adults as they enter the workforce and begin building their financial independence. Whether it's managing student loans, creating a budget, understanding credit, or investing wisely, Villermin covers a wide range of topics that are crucial for financial success.
The book starts with the basics, helping readers understand the importance of setting financial goals, developing a budget, and building an emergency fund. Villermin provides practical tips and strategies to save money, avoid debt, and make informed decisions when it comes to spending.
As the book progresses, Villermin delves into more advanced concepts, such as investing, building wealth, and planning for the future. He offers clear explanations of various investment options, from stocks and bonds to real estate and retirement accounts, and provides guidance on how young adults can start investing even with limited funds.
Moreover, "Money Management for Young Adults" goes beyond the technical aspects of finance and addresses the mindset and behavior necessary for financial success. Villermin emphasizes the importance of developing healthy financial habits, cultivating a savings mindset, and making informed decisions that align with long-term goals.
Throughout the book, Villermin uses relatable examples and real-life stories to illustrate key concepts, making it accessible and engaging for young readers. He provides practical exercises and action steps at the end of each chapter to help readers implement the strategies discussed.
"Money Management for Young Adults: From Your First Paycheck to Your First Million" is an empowering and comprehensive guide that empowers young adults to take control of their financial future. With Luke Villermin's expert advice and actionable insights, readers will gain the confidence and knowledge needed to make smart financial choices and build a solid foundation for long-term financial success.
July 1, 2023
This books was mostly written for an American audience, of which I am not a part, but that doesn't mean it wasn't useful to me!
- A lot of emphasis on investing, which I think is cool because just a few years ago everyone was telling you to just put it in the bank. Except inflation rates are higher than the bank's growth rates (idk what to call that last one lol). People used to see investing as a dangerous thing that would make you lose all your money. So it's cool to see more voices encouraging teens to invest in a safe way.
- It's easy to read, even when the subject matter is a bit confusing. Everything is explained carefully and simply, and in the end everything is understandable, even for me (and I'm not American so I have no basic knowledge to work off of)
Would recommend!
I received an advance review copy for free, and I am leaving this review voluntarily.
- A lot of emphasis on investing, which I think is cool because just a few years ago everyone was telling you to just put it in the bank. Except inflation rates are higher than the bank's growth rates (idk what to call that last one lol). People used to see investing as a dangerous thing that would make you lose all your money. So it's cool to see more voices encouraging teens to invest in a safe way.
- It's easy to read, even when the subject matter is a bit confusing. Everything is explained carefully and simply, and in the end everything is understandable, even for me (and I'm not American so I have no basic knowledge to work off of)
Would recommend!
I received an advance review copy for free, and I am leaving this review voluntarily.
June 28, 2023
Money Management for Young Adults was a great read and full of important information not only for young adults but also for the older generations as well. I particularly loved how he put sample budgets, financial worksheets and plans for investing in the book. The author even provides detailed plans for paying down debt as well as reaching a high credit score and buying your first home. I think this is a must for anyone who is just starting out so that you can get a solid financial footing to build a bright tomorrow.
November 29, 2023
A book for young adults who've recently entered the working industry to understand that money makes money! The guide I wish I had when I migrated to the US. I followed most of the advice that's actionable for me now like double checking that I'm investing ~15% in 401k, Roth IRA. Investing on ETFs and having a global look of all my accounts through an app to know my net worth. I can't deny that after reading the book I felt more frugal knowing how much money I'd save if I didn't go out to eat that often, really makes you think about the value of saving now.
May 6, 2025
This book is great in that it explains concepts like compound interest, goal setting, the PERSONAL in personal finance (people have different priorities),etc. It might be a little dry for a younger person, but it's full of good information that they could go back to again and again as their situation changes from small odd jobs to an actual job with a paycheck, into young adulthood.
May 23, 2023
This is a great book chock full of information. I learned so much even at my age and I am putting this in my teen’s summer reading list.
I received a free copy of this book and am voluntarily leaving a review.
I received a free copy of this book and am voluntarily leaving a review.
May 31, 2023
Five Stars!
I thoroughly enjoyed this book & wish the author wrote a book just for adults. He has a great calling to the young people but I hope he also addresses the older generation that did not receive this type of education he is giving. Wow!
I thoroughly enjoyed this book & wish the author wrote a book just for adults. He has a great calling to the young people but I hope he also addresses the older generation that did not receive this type of education he is giving. Wow!
August 14, 2023
This book is easy to read and gives actionable advice in a step by step fashion to where it's not overwhelming. I feel much more empowered to invest and make smart financial decisions!
August 8, 2023
This was a great, comprehensive guide for any young adult (or adult) entering the world of finances.
Disclaimer: I received a free copy of this book but am not under any obligation to leave a positive review.
There were many clear explanations, visual aids, and practical tips throughout the book. It was written in easy-to-read language, and did a great job making long, complex, boring concepts as fun as possible.
Even better, it provided actionable steps to responsibly manage your finances and gain financial independence. The chapters speaking about early retirement did seem a bit oversimplified to me. However, this is still a great guide for building healthy financial habits and planning for your future.
The tips were all great and manageable. In theory. I had a hard time following through with them all. Maybe I should’ve read it more slowly, to give myself more time to do implement the steps? Or maybe it would’ve been easier if I better understood those last few chapters?
The first few sections which detailed budgeting, saving an emergency fund, and repaying debts, were a pretty easy read. The parts detailing employee matching programs, and saving for pension, however, were more of a struggle for me. The concepts might have been explained as easily as I’ve ever seen, I’m not sure it’s possible to explain then more simply, but it was still confusing, and somewhat boring. No one, teen or otherwise, is getting through these sections unless they’re highly invested in understanding it all. (As in, you won’t gain much by giving this as a present to your irresponsible child, because they won’t read it.) Also, these sections were specific to the USA, so people living elsewhere might want to find a guide which is more relevant to them.
Recommended to anyone looking to gain a better understanding of their finances and how to best manage them
Content: clean
Disclaimer: I received a free copy of this book but am not under any obligation to leave a positive review.
There were many clear explanations, visual aids, and practical tips throughout the book. It was written in easy-to-read language, and did a great job making long, complex, boring concepts as fun as possible.
Even better, it provided actionable steps to responsibly manage your finances and gain financial independence. The chapters speaking about early retirement did seem a bit oversimplified to me. However, this is still a great guide for building healthy financial habits and planning for your future.
The tips were all great and manageable. In theory. I had a hard time following through with them all. Maybe I should’ve read it more slowly, to give myself more time to do implement the steps? Or maybe it would’ve been easier if I better understood those last few chapters?
The first few sections which detailed budgeting, saving an emergency fund, and repaying debts, were a pretty easy read. The parts detailing employee matching programs, and saving for pension, however, were more of a struggle for me. The concepts might have been explained as easily as I’ve ever seen, I’m not sure it’s possible to explain then more simply, but it was still confusing, and somewhat boring. No one, teen or otherwise, is getting through these sections unless they’re highly invested in understanding it all. (As in, you won’t gain much by giving this as a present to your irresponsible child, because they won’t read it.) Also, these sections were specific to the USA, so people living elsewhere might want to find a guide which is more relevant to them.
Recommended to anyone looking to gain a better understanding of their finances and how to best manage them
Content: clean
Displaying 1 - 10 of 10 reviews