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Dear Moneyologist, My fiancée and I have recently started discussing a prenuptial agreement.I earn about ,000 a year and have a net worth around 0,000.I’m definitely going to look over Magnify Money’s list of fee-free checking accounts and switch as soon as I can.”Liana Melendez, a Brooklyn College junior opened up about her credit card debt woes.“Credit card debt was something that I’ve always carried with me, and I didn’t expect to get out of debt anytime soon, until now.”After Magnify Money’s workshop, Melendez understands the effect of compounding interest and how to use balance transfers.Melendez now feels empowered to take control of her financial situation.“It’s insane the difference that knowing can make.
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While much of a young person’s debt stems from student loans, young adults are also plagued by car loans and overwhelming amounts of credit card debt.
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