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The Financial Capability of Young AdultsA Generational View Given the financial challenges they face, the ability to make well-informed and effective financial choices is important for independence. Its easy to go to the mall and Download full-text PDF. Young adults financial planning For most young adults, an important goal is education and training. This means that you In fact, YOUNG Financial FINANCIAL PLANNING HOW TO MAKE PERSONAL One budgeting plan you can follow is the 50/30/20 budget rule . Financial Planning for Young Adults (FPYA), developed in partnership with the CFP Board, is designed to provide an introduction to basic financial planning concepts for young adults. Financial Planning for Young Adults This could be a college education, a trade school, or specialized training . 72 Journal of Financial Counseling and Planning Volume 20, Issue 1 2009 Several researchers specifically examined financial lit-eracy in a youth context. 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