Eric Arnold: Tips to Maintain Good Financial Discipline in Your 20s
The 20's are a time for exploration and growth. But along with all of the fun and adventure that comes with this age, it’s also important to make sure that you are developing good financial habits that will set you up for success in the future. Here are some tips by Eric Arnold to help you maintain good financial discipline in your twenties: Create a budget Establishing a budget that outlines your income and expenses will help you understand where your money is going and how much you have to work with each month. It will also help you identify areas where you might be able to cut back and save more. Start saving early Starting to save for retirement early in your twenties is one of the best financial decisions you can make. Even if you’re able to save just a little each month, it will add up over time and provide you with a financial cushion for later in life. Live within your means It can be tempting to try to keep up with your friends and family when it comes to spending, but