‘Nothing to Fall Back On’: Money Mistakes Young People Make and How to Avoid Them

‘Nothing to Fall Back On’: Money Mistakes Young People Make and How to Avoid Them
Canadian dollar coins are pictured in Vancouver on May 29, 2019. The Canadian Press/Jonathan Hayward
|Updated:
0:00

Mistakes in our youth are normal and forgivable, but financial ones can be nasty to fix.

Young consumers are still missing the basics, experts say. Budgeting, saving, planning for emergencies, using credit cards correctly—advisers are seeing young clients who struggle to grasp the fundamental principles.