Two-thirds of Americans would have difficulty coming up with the money to cover a $1,000 emergency. Having the required financial skills would help Millennials to deal with life’s difficulties and to stay ahead financially. Here are 7 financial skills every 20-year-old needs to learn by Forbes contributor Nancy Anderson:
- Be tight-fisted with your dollars
- Obtain and keep a good credit score
- Keep your overhead low
- Switch to frugal mode
- Cook
- Choose the right roommate
- Sock money away