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For Johnnie Lovett, a Young Illinois Saver, saving has been a habit since he was a teenager. “As a teenager, I was responsible for buying certain things with my allowance,” the Illinois State University junior said. “I found out I wasn’t always able to buy the things I wanted.” His parents introduced him to the concepts of budgeting, saving, and money management. He has taken that advice to heart and is now regularly saving.
Saving is important for young adults, Johnnie said. “As young adults, we don’t realize how much money we have our hands on because we’re constantly spending.” He said his parents taught him that “saving is a habit and it’s essential to living.” Those lessons were reinforced in the financial literacy classes Johnnie enrolled in through his school and business program. Read his story.
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This Quarter: Teaching Youth to Save
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"If you’re a college student, you can take advantage of college or youth discounts at museums, movie theatres, and even while traveling! Often all you have to do is ask and show your college ID."
- Nicole Lowry, Arlington, VA