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BUSINESS Saturday 23 February 2019
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Millennial Money: Make your funds move at the speed of life

By SEAN PYLES to pay bills and take on fi-
Associated Press nancial challenges,” Burns
Change is constant — espe- Kingsbury says.
cially when you’re young. Next, plan how you want
Chances are you’ll cycle to handle your joint financ-
through a few moves, job es. Burns Kingsbury sug-
changes and romantic re- gests checking in every six
lationships as you establish months or so to keep the
your life as a young adult. dialogue going and ensure
Each development in these the plan is working for both
three big areas of your life of you.
brings financial challenges, SEPARATING FINANCES.
too. You might need a new Breaking up has added
wardrobe for the dream complexity when you’ve
job you just landed. Dating commingled finances. But
isn’t cheap and moving is a level head — and out-
almost always expensive, side help if needed — can
no matter how far you go. make it less painful.
Here are ways to manage Sit down and talk through
the cost of change. each account you share,
HOUSING CHANGES Burns Kingsbury advises.
Moving is a logistical and fi- Come to an agreement
nancial challenge, but you about how you’ll handle
can mitigate some of the things like co-signed loans
stress and expense. and authorized usership on
“Having a plan is always In this June 27, 2018, file photo a man is silhouetted against moonlight reflecting off the Missouri accounts. Consider bring-
key,” says Lacey Langford, River as he watches the full moon rise beyond downtown buildings in Kansas City, Mo. ing in a third-party media-
an accredited financial Associated Press tor to facilitate the con-
counselor. “Think through price. Check the prices of buying a new sofa or area have a deep, honest con- versation if you can’t do it
the steps of your move and three to five before choos- rug, check out local an- versation. Talk about your amicably. A trusted friend
the costs that go along ing. tique shops or secondhand money history, including or financial coach could
with it.” THINK BEYOND DIY MOV- stores. You may be able things like how your par- be helpful.
The earlier you start plan- ING TRUCKS. Hauling stuff to save money and get a ents managed their mon- A NEW JOB
ning, the more time you on your own? Rather than unique item at the same ey, your current financial Job changes can advance
have to research, minimize using one of the go-to truck time. standing and your future your career and bump up
and save for expenses you rental companies, check RELATIONSHIP CHANGES financial goals, advises your pay. But there may be
identify. out rental car companies. Relationship changes wealth psychology expert financial trade-offs.
Try out a few easy ways to See whether you can save could mean your and your Kathleen Burns Kingsbury. “A new job can be excit-
save money: money by selling or donat- partner’s money is moving “Having this conversation ing, but take the time to
COMPARE MOVERS. Prices ing nonessential items and closer together — or fur- does three things: First, it not make an impulsive
vary among moving com- moving only what fits in a ther apart. Whether you’re breaks the money silence. decision,” says Thomas
panies. Some will require rental van. Depending on shacking up or breaking Second, it helps you under- Nitzsche, communications
more movers to haul your your move, you could save up, the key to managing stand each other’s money lead at Money Manage-
stuff or higher hourly rates, hundreds. finances is communication. mindsets, and third, you get ment International, a credit
which can drive up the SHOP USED. Rather than JOINING FINANCES. First, buy-in on how you’re going counseling agency.q

Global shares mixed as investors watch trade talks

By YURI KAGEYAMA has warned it will increase plunged 20 percent before
Associated Press its import taxes on $200 bil- the opening bell Friday. The
TOKYO (AP) — Global lion in Chinese goods from company disclosed an in-
shares were mixed Friday 10 percent to 25 percent vestigation by federal reg-
as nervous investors await if the two sides haven’t ulators and said it will slash
developments in the U.S.- reached a resolution by the value of its Oscar May-
China trade talks in Wash- March 2. But Trump in re- er brands by $15.4 billion,
ington. cent days has signaled a leading to a $12.6 billion
European shares rose, with willingness to extend the loss for the fourth quarter.
France’s CAC 40 gaining deadline if negotiators are THE DAY IN ASIA: Japan’s
0.3 percent in midday trad- making progress. benchmark Nikkei 225
ing to 5,212. Germany’s A visitor sits in front of private stock trading boards at a private “The trade talks do ap- inched down 0.2 percent
DAX was up 0.6 percent at stock market gallery in Kuala Lumpur, Malaysia, Friday, Feb. 22, pear to have made some to finish at 21,425.51. Aus-
11,487 and Britain’s FTSE 100 2019. progress. However, a run tralia’s S&P/ASX 200 gained
rose 0.5 percent to 7,204. Associated Press of weak data from Japan, 0.5 percent to 6,167.30.
U.S. shares were set to open concerns over risks to glob- overtake U.S. technologi- Europe and the U.S. yes- South Korea’s Kospi was
higher as Dow futures rose al growth and the world’s cal dominance, including terday took the wind out unchanged at 2,230.50,
0.5 percent to 25,970. S&P two biggest economies pressuring American com- of the equity market sails,” while Hong Kong’s Hang
500 futures also rose close are locked in a trade war panies to hand over trade said Jeffrey Halley, senior Seng rose 0.5 percent to
to 0.5 percent, to 2,786. spurred by U.S. contentions secrets and in some cases market analyst at OANDA. 28,762.75. The Shanghai
A hodge-podge of recent that China uses preda- stealing them outright. KRAFT HEINZ TROUBLE: Composite gained 1.9 per-
economic data is fueling tory tactics in a quest to The Trump administration Shares in Kraft Heinz cent to 2,804.23.q