Basic financial literacy not only improves your financial health, but it can improve overall health as well. Money can often be a source of stress for many people. So it's important to start taking control of your finances today.
1. Understand Your Personal Finances:
2. Learn more about financial management:
Now that you are working, the journey toward financial independence is in full swing!
One key to making that journey a success is to learn about the basics of personal finance.
Basic financial literacy not only improves your financial health, but it can improve your overall health, as well.
Money can often be a source of stress, so it's important to start taking control of your finances today.
To learn how to take control of your finances and build a financially independent future,
you first have to understand the money you will receive from working. Have a detailed conversation with your
employer’s human resources team and/or your supervisor to learn the details of when you will be paid,
how much will you take home after taxes and what options are available for you to save for retirement.
Once you understand your financial options, visit MyMoney.gov. MyMoney.gov is the U.S. government's website
dedicated to teaching all Americans the basics of personal financial management. The site can help you prepare for
life events that can affect your finances. Examples of life events include marriage, births, buying a home, losing a job or retirement.
You can also find information focused on your personal status (for example, if you are a student or a parent).
Check out the money management tools, such as worksheets for setting up a household budget
and a financial savings calculator to get started! For more money management tips,
visit the Ticket to Work blog series Money Monday: Your Path to Financial Independence.
Created to teach and inspire, the blog series provides detailed information
on managing money to help you achieve financial independence. Click the right arrow to continue.