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:
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Generation Z is the most connected and financially savvy generation yet. To manage money for Generation Z, start with a budget, create a savings plan, and make a debt repayment plan. Educate yourself on financial topics and get professional help if needed. There are many investment options available to Generation Z, including stocks, bonds, mutual funds, and exchange-traded funds (ETFs). Be wary of anyone who claims to be a financial expert but doesn’t have the qualifications
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Bad investing advice can come from many quarters, such as wealth expos or financial advisors. If anyone promises you any type of return over 12%, 99% of the time, they are probably playing you.
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