6 ways to manage money in your 20s

It’s important to start discussing your financial options, managing your money responsibly and planning for tomorrow today.

Create a budget

Budgeting is the process of tracking your income, bills and expenses in order to assess how much you can spend and what you can afford each month.

It’s crucial to add an “expense” of paying yourself first to start building up a short-term and long-term savings account.

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Pay yourself first

Start an emergency fund

In addition to your retirement account, you’ll want to start an emergency fund.

As a young adult, it’s important to make a plan to pay off and manage your debt to avoid heavy interest fees.

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Pay off existing debt


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