![]() ![]() This should likely give you leverage out there.Ī good career path is one you’ll find yourself happy with in the long haul. Whether you choose to go to college or learn a skill in any skill acquisition center, what matters is that you develop highly sought after skills that people will be willing to pay for. One smart trick to adopt when choosing a successful career, is to follow a work path you love and one which has plenty of growth opportunities both for your personal life and finances. Your 20s is the best time to start positioning yourself for a successful career – the time for great money making moves. Your career defines you, and to a great extent, it determines what your financial life would look like. There’s no mincing words with this, your career is one of the most important things to focus on in your 20s. Start Working Towards Building a Successful Career ![]() If your employer doesn’t offer a 401(k), you can opt for an IRA. Plus, you can always increase the amount you put towards retirement after each paycheck when your income improves. You may feel that setting aside that small fund now won’t amount to much, but you shouldn’t forget the advantage of compounding returns and the fact that it’ll be helping you develop better financial habits. ![]() This will let you save and invest a piece of your paycheck before taxes are taken out.Īlso, there’s the fact that you’ll benefit from compound interest that will accumulate on the 401(k) savings over time. You can start by getting a 401(k) savings retirement plan with your employer. Saving now will make life much easier for yourself in future. It is understandable if the word ‘retirement’ still sounds like a far fetched concept to you now but trust me, if you start saving for retirement early, you will be able to retire early. One of the best smart money moves to make in your 20s is to start saving for retirement. Surround Yourself With Financially Smart Peopleġ0 SMART MONEY MOVES TO MAKE IN YOUR 20s 1. 10 SMART MONEY MOVES TO MAKE IN YOUR 20s.If you make these smart money moves in your 20s, you’ll have your future self thanking you for it. So as I officially welcome you to your adulting age, I have taken my time to put this write up together for you. How best you utilize your time and start making necessary money moves, is what will set you apart from your peers many years from now.Īnother beautiful thing about being in your 20s is that your future is still a blank page and you’re the only one who can write your story. And you can choose to use this to your advantage or not. One valuable thing you have on your side when you’re in your 20s, is time. It’s not too early to wonder how to be smart with money in your 20s.Īs a matter of fact, the earlier you start making smart money choices and laying the foundation for better money management, the better off you’ll be for it. Okay, let me start by welcoming you to your sweet 20s – exciting!īut before you run off brimming with excitement, I must make it clear to you that the choices you make now will make or mar the rest of your financial life. ![]()
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