A millennial creating healthy financial habits

Started by Xiomara F.
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Xiomara F.

Hi, I'm a millennial creating healthy financial habits. Any advice?

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Joselyn M.

Consider setting up a reverse budget. Setup accounts for specific financial goals (i.e. emergency fund, renters insurance, vacation, gifts, car, etc.) and then a direct deposit from your paycheck into each account. Also, try to save at least 15% of your income toward retirement through a 401k/403b and/or IRA.

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Adrianne R.

Joselyn's advice is fantastic….as a 42 year old, I wish i would have had this info 20 years ago

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Jennifer H.

I in the last 2 years have finally taken control of my finances. It feels great seeing things getting paid off and becoming debt free!

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