Earn, Spend, Save: Plan Your Finances


Bangalore: They say “The art is not in making money, but in keeping it.” During your twenties you may not have a clear idea about how to plan your finances. This is a time when you are no more in your college campus and looking for a job. You may earn a little while beginning your career but once you learn money management then you can earn, spend and save as well. Firstpost.com has come up with few such tips for twenty-somethings. Having your own money will make you financially independent, but don’t forget “With great power comes great responsibility”.

1. Set Goals

It’s better to set across goals for your life in this stage but you need to plan as well that when and how you are going to achieve them. The first priority should be fulfilling the short-term goals like getting married, buying health insurance or a house and car and achieving long terms goals like wedding and their higher education and saving for retirement. Hence a proper planning from now will help you at every stage of your life.