How
to Take Care of Your Money So Your Money Takes Care of You
In Your 30's
Step1
- The road to financial freedom is to
have great health so that you are in good shape
to learn.
Step
2 - An open mindset to start learning
and practicing what you have learned.
Step
3 - Investing your time in your
financial & health education so that you
are in control of your life to create wealth to
enjoy a better life.
Step
4 - Enjoy the wealth that you have
created because you have been taking care of
your health.
In your 30s…
Build an eight-month emergency cash fund
Set up a savings account into which money is
automatically transferred from your checking account
each month. Once you have saved the minimum
required—often $500—move your savings into a
higher-interest money market account.
Save for a down payment on a home
Don't go for a mortgage that doesn't require a down
payment—if you don't have the necessary 5 percent or
so, you're not ready to own. Set up a housing savings
account with an automatic transfer from your checking
account.
By Suze Orman
2006 (c) creditplushealth.com
Credit Plus Health By Sean Toh All rights reserved.