Getting started on sorting out your personal finances is an overwhelming task. There are so many life transitions that will have financial impacts on us in our 20s. To name a few: finishing university, starting a new job, earning our first paycheque, buying our first apartment, and if we were lucky enough to find love early on, getting married. Apart from feeling overwhelmed, it’s difficult to know where and how to begin and who to seek advice from.
While we are young, it’s important to start building solid financial habits:
As with all things in life, these habits may seem overwhelming at first but will become easier and easier as and when we get more familiar with them, and it is essential to get them in place as soon as possible. I think Benjamin Franklin said it best, “If you fail to plan, you are planning to fail!”.
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