Young Adults
• Goal Setting: The first step is setting a savings goal that excites you. This could be a dream vacation, a down payment on a car, or even a future home. Having a clear target will motivate you to save consistently.
• Budgeting for Reality: Craft a realistic budget that reflects your income and expenses. Track your spending habits for a month to identify areas where you can cut back. Utilize budgeting apps or spreadsheets to monitor your progress. Your budget needs to be flexible and adjust as your income or expenses change.
5 of 11
