As the Trump administration takes office, millennials are seeking ways to secure their financial future. Experts offer practical advice to help young adults navigate uncertain economic times.

Ryan Dossey, co-founder of SoldFast, emphasizes the importance of building cash reserves. “My general advice to millennials is that they start by building six months of personal reserves,” Dossey says. He recommends keeping these funds in a separate savings account or a high-yield option like Betterment’s cash reserve account.

After establishing an emergency fund, Dossey advises tackling debt. He advocates for the “snowball method,” which focuses on paying off smaller debts first. “In a nutshell, you pay off the smallest debt first and then use what was going to that to move on to the next largest debt,” he explains.

Investing in personal development is another key strategy. Dossey suggests acquiring new skills or certifications to boost earning potential. “The potential ROI of taking a few college courses or interning cannot be overstated,” he notes.

Christina Lynn, CFP at Mariner Wealth Advisors, warns against the pitfalls of credit card rewards programs. She advises, “Pay off your credit card balance every month. You’ll reap the rewards without letting interest charges eat into your hard-earned perks.”

By following these expert tips, millennials can build a solid financial foundation, regardless of political changes.

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