The financial topics you need to understand in your twenties and thirties for developing financial stability. How to make, save, and spend money wisely today for a prosperous tomorrow.
For young adults, the probability of having significant health costs any given year are fairly low, but those costs could bankrupt you. Unfortunately, if you don’t choose your insurance plan correctly, you can still end up with significant financial hardship.
It is essential to understand the basics of a health insurance plan in order to pick out the plan that’s best for your budget and your life.
Now that we've discussed saving for big purchases and emergencies instead of putting them on credit, it's time to discuss the good things about credit! In this post, we'll discuss establishing great credit so that you are eligible for loans with low interest rates and a credit card with a great rewards program. More to come on choosing a credit card and using credit wisely later!
Everyone should have an emergency fund. No question about it. The second reason to save is a lot more fun.