2. Do major investments without the help of your parents

This can be a car or even a house, if you can afford it, but going through the process of making a large purchase on your own will prepare you for other major purchases in the future. Buying a car is probably the easiest of these.

All you need to do is find the right car for you and the dealership can help you set up financing. Just do some research beforehand to make sure you aren't getting scammed.

3. Eliminate Credit Card Debt

Credit cards are a major convenience. They are so handy that young people often find themselves drowning in credit card debt because they misunderstood how much of a toll interest actually takes. By age 30, you should be able to live on your own paycheck without having to resort to credit cards.

 Budgeting in order to keep track of your money can go a long way towards living free from your credit card. Financial planning will help you create a budget you can live with to ensure you get both what you want and what you need.