Kids and Money: Money advice for graduates
Yahoo Finance recently asked a panel of financial experts for the best money advice to share with the Class of 2026, featuring Steve Bumbaugh, chief executive officer of the Council for Economic Education.
Bumbaugh emphasized the power of compounding, urging graduates to start saving immediately.
“Every year you wait to start saving costs you far more than money; it costs you the compounding growth that only time can buy,” Bumbaugh told Yahoo Finance. “Start now, with whatever you have.”
The article also includes advice from other financial literacy advocates on paying yourself first, automating savings, and giving money direction instead of letting it “just happen.”
About the Council for Economic Education
The Council for Economic Education’s (CEE’s) mission is to equip K–12 students with the tools and knowledge of personal finance and economics so that they can make better decisions for themselves, their families and their communities. We carry out our mission in three ways. We advocate to require financial and economic education in every state. We provide training, tools and resources — online and live through over 180 affiliates nationwide — to more than 40,000 teachers annually, who in turn bring the highest quality economics and personal finance instruction to over 4 million students. We deepen knowledge and introduce high school students to critical career capabilities through our national competitions and Invest in Girls program. Learn more at CouncilForEconEd.org and on LinkedIn and on Facebook.
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