Your 20s are a wild ride. You start them little more than a kid and the decade that follows shapes the trajectory of your life — including your finances.
Most of us who come through on the other side learned from those experiences in our 20s and now wish we could have done some things differently, especially as they relate to money habits.
Living below your means gets a bad rap because people don’t like to go without. The key is finding ways to spend less without sacrificing experience or quality.
Spending less than you earn is a lot easier when you have a plan for your money. That’s all a budget is.
A regular savings habit helps you work toward goals like an epic vacation or buying your first home. When you have extra cash, you can live the life you want.
Using a credit card and paying it off in full every month is a great way to build credit wisely over time. If you never carry a balance, you’ll never pay interest.