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At any age, it's important to know a few basic financial rules to help avoid getting into financial trouble and to build a positive future. Check out our top tips below to set you on your way.
1. Stick to a budget
Make a plan and stick to it. Break down your expenses and every week put that money aside. This way you won't have to scramble when that monthly bill rolls around.
2. Know where your money goes
Keep track of every dollar until you have a good understanding of your financials and how much you need to live the lifestyle you want. Use this information to help build your budget.
3. Save for your retirement
A difficult concept to grasp when you are a young 20-something. But if you haven't heard of compound interest, then you won't know how easy and important saving for your retirement can be.
4. Create an emergency fund
While this doesn't sound like much fun, have a few dollars put aside should something unexpected happen makes any event less stressful.
Hallam Jones has the skills and experience to help set you on the right track for financial success.
This post has been provided for information purposes only and is not intended as a substitute for specific professional advice on investments, financial planning or any other matter. Read our disclaimer notice and privacy statement.