Sacramento, California, certified financial planner Pam Rodriguez suggests identifying what brings you joy, then crafting a financial plan to create more of those moments. Tip: Know your passions to know your goals. “Personal finance is a lot more emotional than it is a math equation,” Rodriguez says. “Even though the numbers have to add up, you’ll never take action unless you feel strongly about something.”
For several years, my main financial goal was to go out as much as I wanted and still have enough money left at the end of the month to cover rent. To save you from learning the hard way — and pass on some knowledge as I enter my 30s — here are five money lessons from my past decade.
Eventually, though, groggy mornings and paltry savings proved unfulfilling. My partner and I decided to set goals and plan for them. We wanted to buy a house, which meant moving to a less expensive city so we could build savings. Your 20s are a time of self-exploration, finding your footing as an adult — and likely making some money mistakes.
Source wacotrib.com If you want to buy a house to host friends and family, for example, identify how much you’ll need for a down payment and closing costs, then work toward that savings goal over time.
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