-- Shares Facebook Twitter Reddit Email Nadia Vanderhall made some money missteps in her early adulthood that compounded and reverberated for years. Young and out of college, she accepted a low-paying customer service job without negotiating her salary. She didn’t understand how her 401(k) worked or how much she could contribute.
The final blow came when she got laid off with only two weeks’ pay, then suffered through a three-month backlog of unemployment claims as her bank account dwindled. Finally, Vanderhall raided her retirement funds — less than $10,000 — adding tax penalties to her already dire situation. But really, none of it was her fault .
You don’t know what you don’t know, and her parents were unable to teach her because they didn’t have that knowledge, either. Related Shopping scams are upping their game “I learned from it, and honestly, that was the time where I took the notion to understand money, figure out how money works, understand what I did and how to course correct,” she said. “And then, when I did get my job at a major corporation, I went from making $10.
71 on the hour to six figures.” That was several years ago, and now Vanderhall coaches people on how to live within their means, save, invest and give. She won’t have to look far for clients: A new Harris Poll for Credit Karma reveals that 70% of Americans have financial regrets this year, largely because they didn’t save money.
When you single out the Gen Z respondents, the nu.
