Financial Checklist for Your 20’s

Here is a financial checklist I found by Kiplinger.com I thought you might find helpful. Most are common sense, but it’s always good to be reminded of things.

1) Identify Your Goals
2) Get out of Debt
-Pay off everything by the time your 30
3) Prepare for an emergency
-Get auto, health, life, and homeowners insurance
-Have a cash reserve of at least $1,000
-Try to create the habit of saving at least 10% of your paycheck every month.
4) Start investing
5) Have fun
-Travel (don’t use credit to do it)

Do you have any that should be added?

Click here to see the video

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