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Young people are spending big — and investing, too

By Mindy Fetterman, USA TODAY
Chris Stallman is 21.
His mom (a banker) taught him to balance a checkbook at 8. His dad (a pharmacist) "would sit me down in front of CNBC while he was in the shower so I could watch the ticker to see how Walgreen's was doing."

Plans for starting from zero or below

Today's twentysomethings have more debt than any generation before, but many are eager to invest. They're savvy about the stock market and worried that Social Security won't be there when they retire. Today's Managing Your Money offers start-up strategies for young adults, along with ways parents can help.
Young people are spending big and investing, too
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Parents, a little training goes a long way
Financial lowdown

Today, from his dorm room at the University of Michigan in Ann Arbor, he runs a Web site — www.TeenAnalyst.com — that aims to educate young people on how to manage their money and invest. "I'm really into 401(k)s," he says. "They're a-maaaaa-zing!"