18 Money Lessons I wish I knew before I turned 18

Growing up doesn't have to mean constant stress and worry. It can look like gently preparing yourself, for all that is to come, in the form of financial security and awareness. Keep reading to find out 18 money lessons I wish I knew before turning 18.

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Theres a sense of security that comes with having your own money. I experienced this feeling at a young age and even if my savings only had $86 dollars, I knew it was mine.


I felt completely prepared for the glitz and glam of adulting until I turned 18, and learned the hard way that the way books and movies told the story of life wasn't true.


Keep reading to find out 18 things regarding finances I wish I knew by the age of 18 that would have made my transition into the real world easier.


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1. It's never to early to think longterm


Money is something that you need to thrive in the world. And while money does not buy happiness, it makes life more comfortable. You're now presented with the beautiful opportunity to create the business you want and help people who are in need.


Thinking ahead helps to develop a sense of financial responsibility. You know you "need" the money to pay for your Netflix subscription so it's best to save some of your earnings.


Care about your credit


Consider making your first credit card a secured credit card. It shows on your credit report but your credit limit is usually the amount that you deposit. It's a lot harder to go into critical debt when you only have a credit limit of $200.


Consider different career paths


I've felt the panic of deciding between practical jobs and other things that I enjoyed doing, like writing or lending a helping hand.


It was as if I had to choose between living comfortably and figuring out where my next check would come from. Have a plan D, so that you are a tinsy bit more prepared no matter how the wind blows.


Chances are by 18 you will not have your entire life mapped out and that is perfectly okay.


2. Not all of your financial goals have to be public


You don't have to tell anyone what you're saving for. When you're younger, with goals and aspirations that are untouched by the chaos of the world, those in your inner circle may try to discourage you.


But knowing that you have a goal in mind, that you are passively (or actively), saving for helps you to keep doing it.


3. Your goals will change