I have been so impressed with many of the responses to this recent Reader Poll About Emergency Funds.Â Next week, I’ll write a post, summarizing many of those responses, and share the final poll results with you.
Some of the comments (and a couple of emails that I received) really got me to thinking.Â So, I turn, once again, to my loyal readers.
If you had a chance to talk to a personal finance ‘newbie’ – What would you say to them?Â Imagine advising a recent high school or college graduate, a young married couple, a single-parent, a teenager working at her first job.Â What advice would you have for them?
I’d love to read your practical tips for newbies – simple, everyday choices which will lead to successful futures.Â Your comments can be as detailed as you’d like, but what I’m looking for are tips that are easy to understand, realistic, and universal.Â I’m thinking about things like – managing a checkbook, reducing fees, managing credit cards, understanding interest, things to avoid, building better budgets, etc.
Once several of you leave comments, I’ll summarize the results and present the ‘best-of-the-best’ in a post.
I don’t really do “contests”.Â But, for the first 200 people who contribute a practical tip, I’ll donate one dollar to a local charity.Â So, your comments will not only help those who read the blog, they’ll also help a local child go to camp!
Side note:Â A few months ago, I asked my fellow personal finance bloggers to submit their very best personal finance tips.Â If you are a blogger and your best tip is not listed, leave a comment here (or over at the ‘very best tips‘ post) and I’ll add your link to the original list.