Start early. It’s never too early to start saving and investing. The earlier you start, the more time your money has to grow.

Live below your means. Just because you can afford something doesn’t mean you should buy it. It’s important to live within your means so you don’t get into debt.

Save for a rainy day. You never know when you’ll need some extra cash, so it’s important to have an emergency fund.

Invest in yourself. The best investment you can make is in yourself. Invest in your education and career so you can earn more money down the road.

Start with a budget: The first step to managing money is to create a budget. Determine your income and expenses and track your spending. This will help you make informed financial decisions.

Create a savings plan: It is important to start saving early. Begin by setting aside money each month to reach your financial goals.

Make a debt repayment plan: If you have debt, it is important to create a plan to pay it off. Begin by making.

Educate yourself on financial topics: Generation Z is known for being tech-savvy. Use this to your advantage and educate yourself on financial topics.

Stocks: A stock is a share of ownership in a public company. When you buy a stock, you become a shareholder.

Bonds: A bond is a loan that is typically issued by a government or corporation. When you buy a bond, you are lending money to the issuer. In return, the issuer promises to pay you interest and repay the principal (the amount you loaned) at a later date.

Mutual Funds: A mutual fund is a type of investment that pools money from many investors. Mutual funds are managed by professional money managers.

Exchange-Traded Funds (ETFs): An ETF is a type of investment that tracks a basket of securities, such as stocks, bonds, or commodities. ETFs trade on the exchange.

Real Estate: Real estate is land and the buildings on it. When you invest in real estate, you can either buy the property or invest in a real estate investment trust (REIT). REITs are companies that own, operate, or finance income-producing real estate.

Cryptocurrency: Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Examples are Bitcoin, Ethereum, and Lite.

There are many people who claim to be financial experts, but not all of them are qualified to give advice. Be wary of anyone who:

• Asks you to invest in a “sure thing”
• Guarantees a high rate of return
• Pressures you to make a decision
• Asks you to pay for their services
• Makes claims that seem too good to believe