According to a recent survey by Bankrate.com, 51% of young of adults (ages 23-38) said they were not using a budget, yet in the survey young adults were also the most likely to say their top priority is saving money. Why do you think budgeting seems difficult for many young adults, and for Americans in general? What challenges do Americans face when trying to budget? What are some tips to get someone started with budgeting?

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Budgeting can be a challenge for many young adults and Americans in general due to various reasons including lack of financial education living paycheck to paycheck and difficulty in tracking expenses ... View the full answer