5 debt and saving tips for 20-somethings
Use your tech savvy to save money
Turns out there are budgeting smarts in using your smart phone.
Today's 20-somethings may have a leg up with budgeting skills simply because they came of age in the digital era, says Steve Kramer, vice president of electronic payments at Western Union based in Englewood, Colo.
"One of the strengths of Gen Y is that they're very tech-savvy people. They grew up with the Internet, mobile and other technologies that can help them establish (budget) goals," Kramer says.
Websites such as Mint.com offer free software to track spending, establish a budget and manage your credit.
And who says texting can't be productive?
Many banks allow you to request mobile alerts when your checking account balance dips too low or when your bills are due.