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Money Guy Show

Financial Planning 101 (By Age) - The Complete Guide to Financial Success

Apr 5, 2024
Discover essential financial planning strategies based on age, from managing debt and saving in your 20s to adjusting savings rate and planning for retirement in your 30s, 40s, and 50s. Learn about pitfalls to avoid, the importance of insurance coverage, investments, and estate planning, and how to navigate financial transitions as you age. Get simplified strategies and tactics to reach your money goals faster and live a more fulfilled life.
47:56

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Quick takeaways

  • Establish good financial habits in your 20s to secure your future.
  • Start saving and investing early to leverage compounding growth.

Deep dives

Building a Solid Financial Foundation in Your 20s: Establishing Good Habits

In your 20s, focus on spending less than you make, avoiding debt, and living frugally. Building good financial habits early on will set the groundwork for a secure future. Start saving and investing early to take advantage of compounding growth.

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