Financial Goals to Aim for By Age 30
If you're like many people, you feel like financial planning is for those who have a lot of wealth or a wealth of life experience. In reality, you don't have to be rich or be in your 50s to put together a financial plan; you can start by opening a new checking account in Henderson. In fact, the sooner you get your financial affairs in order, the sooner you can start building personal wealth. That means starting in your 20s.
Here's a look at five financial goals to aim for by the time you turn 30:
1) Land a good job
Landing a good job in your 20s can set you up for long-term success. A good job isn't necessarily one that pays a lot, either. It's one that provides you with a steady income, enough money to pay your bills and health insurance, which can be incredibly expensive if you have to pay for it all yourself.
2) Build a budget
If you don't know where your money is going, you never know the exact amount of money you have. Learning to build a budget and live within your means while you’re young can set you up for financial success later in life by helping you avoid debt. Learn to save and build credit by paying your bills on time.
There are many great reasons to save your money. Here are three: You need an emergency fund (in case you get sick and miss work or need a new car). Saving helps you buy larger, more expensive items you need to save for to avoid using your credit cards. Your long-term financial success can actually be largely determined by your ability to start saving in your 20s. A new checking account in Henderson can help put you on the track to saving success.
4) Build (and protect) your credit rating
By now, you've probably heard some people say you should avoid credit cards like a bad app on your Smartphone. The people who offer this advice are half right. You do need to take on some debt, since lenders view having no debt as similar to having bad credit. So consider getting a credit card with a low balance limit and make sure to pay your bills on time. Whatever you do, don't go crazy and get in over your head with debt.
5) Open a new checking account in Henderson
These financial tips rely on your ability to get paid on a regular schedule, know with precision where your money is going and paying your bills on time. A new checking account in Henderson makes it easy for you to do all of these things--and more.
If you are ready to open a new checking account in Henderson, contact Clark County Credit Union at 702-228-2228 to get started today. You can open a no-monthly-fee account and start using it to build a brighter financial future for yourself today!