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Money Tips for Young Entrepreneurs (Infographic)

Meredith Wood

Meredith Wood

Vice President and Founding Editor at Fundera
Meredith Wood is the founding editor of the Fundera Ledger and a vice president at Fundera. She launched the Fundera Ledger in 2014 and has specialized in financial advice for small business owners for almost a decade. Meredith is frequently sought out for her expertise in small business lending. She is a monthly columnist for AllBusiness, and her advice has appeared in the SBA, SCORE, Yahoo, Amex OPEN Forum, Fox Business, American Banker, Small Business Trends, MyCorporation, Small Biz Daily, StartupNation, and more. Email: meredith@fundera.com.
Meredith Wood

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Editorial Note: Fundera exists to help you make better business decisions. That’s why we make sure our editorial integrity isn’t influenced by our own business. The opinions, analyses, reviews, or recommendations in this article are those of our editorial team alone.

Being an entrepreneur is always challenging, but it can be especially difficult if you start building your business at a young age. Young entrepreneurs face unique hurdles like creating a company with less work and life experience under their belt. If you’re a young entrepreneur, you may also struggle with being taken less seriously by older peers in the industry.

In addition to these challenges, if you start creating a business at a younger age you’ve also likely had less time to build a robust financial life. One of the best ways to position yourself for success despite these challenges is to be proactive about developing and maintaining a strong financial strategy.

To take control of your financial life as a young entrepreneur, get smart about implementing money tips into your life and your business strategy. Simple steps like finding a business credit card that works for you and tracking your purchasing will help you create the foundation you need to build a strong financial life. These simple but crucial financial tips will also give you the confidence you need to focus on building a successful business.

Check out this infographic below on 10 money tips for young entrepreneurs:

Sources: Entrepreneur | Inc | FunderaHuffington Post | EntrepreneurUnder 30 CEO | CNBCHome Business Mag | Square Up | CNBC

Meredith Wood

Meredith Wood

Vice President and Founding Editor at Fundera
Meredith Wood is the founding editor of the Fundera Ledger and a vice president at Fundera. She launched the Fundera Ledger in 2014 and has specialized in financial advice for small business owners for almost a decade. Meredith is frequently sought out for her expertise in small business lending. She is a monthly columnist for AllBusiness, and her advice has appeared in the SBA, SCORE, Yahoo, Amex OPEN Forum, Fox Business, American Banker, Small Business Trends, MyCorporation, Small Biz Daily, StartupNation, and more. Email: meredith@fundera.com.
Meredith Wood

Latest posts by Meredith Wood (see all)