Based on the perception and display of a luxury lifestyle by many social media users, it has generated others to want to "keep up with the Joneses" without knowing that the lifestyle being displayed on social media is not the real-life truth.

Buying gifts for the people in your life can make you feel good, but your pockets can be left in bad shape if your gifts lead you to take on credit card debt or mess up your budget.

Many of us are carrying outdated money messages that don't serve us in every situation. If you are a young adult, chances are you have listened to a family member or friend regarding money.

Often, one person or both people will bring their financial baggage into the relationship without warning. If you haven't ripped the bandaid off by now, then you should start having the conversation about money with your partner as soon as possible.

It is almost guaranteed that some type of emergency will happen during your life that will impact your pockets. Paying bills is part of adulting, but if you cannot make your monthly payments, the key is communicating with a creditor.