An increasing number of studies and reports point out that young adults lack the knowledge necessary to make informed financial decisions for their financial future. Not only that, but an increasing number of young adults are carrying massive levels of debt. At just 21 years of age, our young adults are carrying over $10,000 in debt. By the time they reach 29 years of age, that figure has jumped up closer to $80,000. Only about half that debt is from student loans. The rest is due to poor financial decisions.
For America’s young adults, learning to manage finances is imperative, but it’s increasingly difficult. Most older adults rank themselves low in terms of financial understanding, and our schools aren’t doing a very good job of preparing students to handle money, either. Where does a young adult turn for the help necessary in building a strong, stable financial future? Baker DMM can help.
Helping You Build for the Future, Today
Baker DMM provides outstanding daily money management solutions for young adults from all walks of life. We’re proud to teach our clients a system of how to live their financial life and then help them implement that system. For clients with less cash flow, we can provide financial reporting for a reasonable cost. Our financial reporting package actually decreases in cost over time, so you pay less as your financial health and stability improves.
Building your financial future begins now – let Baker DMM help ensure that you have the firm foundation necessary for a happy, successful life. Financial mistakes and pitfalls can lead to years of frustration and hardship. We can show you how to avoid those problems now, before you begin forming bad habits. From reporting to education to full financial management, Baker DMM provides solutions for today’s young adults.