Your 20’s are some of the most formative years of your life. From navigating through college, to your first big purchases like a car, or even starting your own family, your 20’s are a decade that will have a lasting impact on the rest of your life.
No matter where you are in your life by the time you reach your 30’s, there are plenty of steps that can be taken to be sure you are setting your future up for success.
Here are the top goals to meet that will help establish your future before 30.
Lose Your Debt
Although things like student loans may be hard to pay off within the first few short years out of college, taking the initiative to pay off your debts right away is important.
Paying off loans is one of the best ways to open other financial doors down the road, like being able to buy your first home or not having to borrow when buying your first car.
Focus On Your Career Goals
Your 20’s are the best time to start networking and establishing your career. The moves you make now will become the stepping-stones to moving up on the corporate ladder over time.
Save for a Down Payment on a Home
Everyone dreams of owning a home. By saving in your early years, it will make it easier to qualify for a mortgage and will give you more purchasing power to find the home you really want.
Establish Strong Financial Habits
The actions you take now will mold how you handle your financial situations in the future. Doing things like managing your credit, building an emergency fund and fixing late payments are all great ways to building a financial path to success.
One of the most important factors in establishing a great financial base for yourself is choosing the right financial institution.
Camino Federal Credit union has the tools you will need for success, from competitive rates on loans, to useful tools like online bill pay and banking, along with mobile banking.
Contact us online at caminofcu.org or call (800) 835-3400 for more on how we can help you on your financial journey.