Reports and data regarding the spending habits of young adults today indicate a distinct pattern that is quite different when compared to previous generations. There was a time that youngsters were prone to spend their life’s savings on the car of their dreams but today, the trends have changed.
Technological purchases appear to be the greatest priority as far as expenditures are concerned. The modern young adult consumer may be spending less on a MacBook as compared to a Kia but the fact remains that they do prefer to spend a large portion of their income and savings on gadgets and devices.
While this may be the case, all consumers, even young adults, are always on the lookout for ways to save money. Here is a list of ten websites money saving websites for young adults:
This site provides useful tips and recommendations for young adults who want to save money and live independent of mom and dad – all without being chronically broke. The site covers issues such as personal finances, finding jobs and even making money on the Internet.
Featured on Forbes, the Chicago Tribune and the Economist, YoungFinances aims to provide simple personal finance advice to millennials. Specifically, it educates millennials about topics such as how to choose the best credit cards, how to find the best investment opportunities and so on.
This site teaches smart money management. The site aims to help people climb out of debt and begin investing to secure a more prosperous future.
MoneyNing is a personal finance blog that shares recommendations and tips about how people can save money, live inexpensively, invest and more. The platform focuses on identifying the little things that people can do to accomplish financial freedom.
This site focuses on what it calls the Smile Lifestyle, which has four critical pillars – freedom, family, fitness and, of course, finance. Phroogal’s goal is to help readers live financial stress-free lives, and it aims to do so by promoting financial literacy.
The goal of the site is to help readers get rid of debt and save their first – assuming they haven’t already done so — $100,000. It aims to be the go-to source for everything young adults want or need to know about finances. It covers topics like credit cards, banking, mortgages, student loans, investing and insurance.
This site focuses on providing personal finance advice for people in their 20s and 30s so that they earn more, save more and live more fulfilling lives. Topics covered include cost cutting, real estate, travel, careers and making more money.
This app monitors your teen’s driving and reports back to you. It also allows you to block them from using the phone when they’re driving, but customize a list of emergency contacts that can always get through to them. This can lead to lower auto insurance premiums if your teen proves that they’re a responsible driver.
PT Money is all about helping people do more with their financial resources. There’s advice on how to make more money, save more money and spend money intelligently — all of which can help readers to reach financial security. Through how-to’s, personal finance tips and more, the site helps people who want to build wealth.
The site focuses on personal finance and explains this in a way that will appeal to the average Joe…or Joanna. The blogger behind the site says that people need to spend less than what they make. While it’s good advice, most people simply don’t follow it.
So there you have it – 10 top money saving websites for young adults. They’re packed with useful tips, recommendations and advice on how to save money, avoid or climb out of debt and build financial security
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