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How to Take Care of Your Money So Your Money Takes Care of You In Your 30's

The Four Steps To Financial Freedom - Sean Toh
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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.


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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


   
 

 

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Credit Plus Health By Sean Toh All rights reserved.