Kiplinger

Having Trouble Saving Money? 3 Tips for Young Professionals

Is it true that many young professionals don’t know how to save money?

I recently had dinner with an old college friend. I was expecting to catch up on friends, family and our careers, but it was clear he wanted some basic financial information.

Knowing I advise young professionals on their finances, he zeroed in on the following questions: “How much should I save, and how do I know if my savings plan is on track?”

Many highly talented and bright young individuals – often earning six figures, receiving an annual bonus and holding stock options – often struggle with how to

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