With Donald Trump set to become the 47th President of the United States, it’s natural to wonder what this new administration could mean for your finances.

For most people under 30, a change in leadership might not significantly impact financial planning. In your 20s, you’re often not earning enough or rich enough for a president’s tax policies to have a dramatic effect. After all, no president is likely to increase taxes on middle- or lower-income earners.

That said, beyond tax policy, programs like student loan forgiveness, down payment assistance, tax breaks on tips, stimulus packages, and expanded child tax credits can make a real difference for many young Americans, often shaping financial behaviors and decisions in a direct way.

As you get older—and hopefully wealthier—you might face the question of whether to keep grinding or finally take things down a notch. Everyone has a unique level of drive when it

Keep reading this article on Financial Samurai.

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