Personal finance is so important for all times in your life. It 's especially important in your twenties because while the mistakes you make are ones you can recover from, you don 't want to spend your 30s and 40s fixing the screw-ups from your 20s. As a bride-to-be or a young wife, family planning and wedding planning can be pretty costly. Don 't allow the frenzy and excitement of either make you lose sight of your finances. Consider these 15 personal finance moves that are good to make before you turn 30.
1. Maintain a checking and savings account.
Be intentional about opening checking and savings accounts. Checking accounts are vital because you 'll need them for transactions, managing money and keeping it safe. Savings accounts are vital…show more content… It 's a safe way to invest in a few different avenues at once. Do it through a trusted finance company to manage your money safely and wisely. In your twenties, it 's also a good idea to try one or two aggressive investment opportunities with stocks. The older you get, the less aggressive and risky your investments should be.
9. Take a money management course.
Whether it 's through a local community college, local church or an online class, a money management course is excellent for helping you learn how to effectively kill debt, manage money and build wealth. Try to do this on a routine basis like once every other year.
10. Actively put money into the savings account.
It 's one thing to have a savings account. It 's another thing to actually put money into the account. A great practice for building your savings involves putting 10% of each paycheck into the savings account. If you treat this 10% like a bill, you 're more likely to build up a solid savings cushion.
11. Create an emergency fund.
While it 's nice to think positively about the future, one thing is definite: you will run into a crisis or emergency. Knowing this, it is very important to save for emergencies. Put away a few thousand dollars that are untouchable and are only to be used in the state of dire emergency.