Your twenties and thirties are the ideal decades to start building lasting financial stability. Decisions made during these years can pave the way for financial security, and remember—it’s never too soon or too late to begin. To help you get started, here are 10 essential tips for financial success.
First, prioritise saving. Even small amounts add up, so aim to put aside at least 20% of your income into savings or investments.
Next, develop a budget and commit to it. Knowing where your money goes ensures you stay in control of your finances.
Be sure to save for emergencies—having three to six months’ worth of expenses set aside is a reliable target.
Another key tip is investing early. The magic of compound interest is most powerful over time, so don’t delay saving money tips for women investing.
Continuously educate yourself on personal finance, resist lifestyle creep, and spend less than you earn. By following these steps, you’ll not only build wealth but also create habits that will keep you financially healthy for decades to come.