9 Ways Your Finances Should Grow With You

9 Ways Your Finances Should Grow With You

I’m always happy to pass on great info, and this is great info! I’ve included a few snippets below lifted from the full article.

There's no doubt that as each decade passes, different goals will take priority. Whether you're looking to spend more time with family, take an overseas vacation or buy your first home, you'll need to put the right financial arrangements in place to achieve your goals. Fortunately it's never too early, or too late, to develop the good financial habits that will get you there.

Learn to budget

Living within your means and managing your cash flow is one of the best financial skills you can learn. Mastering this in your 20s will give you a solid base to work towards 'financial security' in your 30s. This means ensuring your incomings exceed your outgoings, having manageable debt and regular savings. Also include regular superannuation contributions in your budget.

Pay off your student debt

Do you owe the Government, your university, college or TAFE tuition fees? Considering paying off student debt may provide closure and allow you to focus on how you actually want to invest your money. Remember that student debts can affect other loans, such as mortgages. Securing stable, well-paid employment and making extra repayments will help eradicate the debt sooner.

Do you need more detail on this subject? Head on over to the full article here for more ideas and perspective. Afterwards, why not drop me an email to share your thoughts [email protected]; or call me on (07) 3465-9259.

Cheers!

Craig

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