M&G Investments wrote an article to provide tips to help Starting-Outs manage their income, in tribute to Youth Month. M&G said given the inexperience of the youth, parents need to help them focus on their long-term financial well-being. The company said the youth should start saving early, avoid bad debt and learn key financial concepts like risk and return. M&G concluded that giving children guidance never stops; it’s even more important when building a financially solid future.
