Financial planning in your 20s: Put a process in place early to reap long-term benefits
Make the first few paychecks the starting point of how you budget your expenses, save and invest. After some fine-tuning, you will have a process that will help you build wealth
Managing money can be a daunting task when you are young, say, in your 20s. You have to wrap your head around earning your first income and deal with things like paying rent, utilities and other expenses on your own for the first time. Your first paycheck is the trigger for you to start being money responsible and develop good money habits, if you have not already done so. Here are some elements of financial planning that can help bring some discipline into the way you deal with your money.
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