Your Financial Goals at 20’s

1. Begin educating yourself about personal finance. It was scary but I did not also learn to be more aware of my financial literacy. All I knew when I was to make more and more money. But know what you do not really need a big amount of money before you finally become financially literate. Start studying now or else you make money but you can never keep them.

2. Specify a budget. Oh no your friends are traveling too much and some are partying too much and even shopping too much. So what? For me the best advice I could give you is create a budget of how much can you spend daily? weekly? or monthly? If you can learn to create the limit then you are safe from being trapped to a bad debt.

Let them enjoy but hold your own wallet. You should know how much you can spend, save or waste.

3. Research your health insurance options. I am guilty again on this. I remember buying my first Macbook, it was insured and someone asked me if I am insured. Sad reality we want to secure our wants versus the need. My best advise? Make sure not to wait for your 40’s before you buy an insurance. Remember the early you start the smaller you pay and the better benefits you can choose and enjoy.

4. Create an emergency fund.
 You know want their might be a recession tomorrow or next month or I don’t know and let me ask you – any emergency fund on hand? It’s scary right? What if you will lose your job today, can you survive? Save a little amount and be consistent.

5. Avoid credit card debt. I had really bad experience with this and my best advise? Never to use credit card unless you can pay it. By the way I never used credit card for so long now – no obligation and I don’t spend more than what I make. Please do not believe in enjoy now and pay later mentality.

6. Track your credit score.
 Oh yes! I cannot disagree.

7. Don’t forget your retirement account. Just because you have an emergency fund or savings account then no need of retirement fund? No! Save a little and be consistent in doing so.

8. Plan your debt repayment for any loans. Do it! Can’t you just live loan free? 🙂 Ok I got it but please try to settle your loans and as soon as you pay it never to get a loan or make it your last option. Avoid borrowing money or lending money from or to a friend too. Money is money – it can ruin beautiful relationship. So please avoid it as much as possible.

9. Find another source of income. So you are paid well? Good but don’t be dependent in one source. It’s about multiple sources of income. Trading your time over money will never give you the freedom you desire. You can end up losing from inflation and running the rat race for your most sacred bills. You don’t want that right?

10. Practice bargaining. I love to bargain. It’s an art of negotiating. Whatever you buy ask for a discount or ask this – can I find something with the same value at the same or lower price? Don’t be ashamed you are just being smart with your money.

Starbucks have membership card where you can havefree Grande in each 10 transactions maybe time for you to register for that. Try including some deals on travels too – later I will share where or how I bargain for my trips.

You can bargain online or face to face. Try it. It’s fun.

11. Know where you are going financially.
 So sad again, not all people are willing to prepare for that financial goal. Don’t be scared – preparation is better that being surprised by the sky rocketing bills and responsibilities like hospitalization or even children’s education.

Reasons Why Millennials Want to Retire Early

Wait? Retire? I cannot think of best word to use in writing this article but yes millennials don’t start thinking about retirement at age 30 or 40, they start to prepare as early as possible. Older generations might think that millennials are not responsible or they are having too much fun but I would disagree with that idea.

While millennials are employed some might think of staying in the same company for the next 20 years in order to get the top position but majority are on their goals of preparing for their resignation in the next 2-5 years.

They know that even if they live to be with an extraordinarily frugal lifestyle, Social Security benefits alone won’t be enough to sustain their lifestyle. They love to read and learn about ways to increase their chance of quitting their jobs.


Millennials love to embrace new challenge. For them the most exciting life is to have sometime new. They do not see themselves being locked inside the box but to be exploring outside the box.

The earlier they can resign the more fulfilled they will be and they use it as great story  in their next adventure for a startup, to write their books, start their blogs, travel the globe or participate in improving the lives of others.


Many young professionals today are driven to solve the problems in their community. They love to explore for new ways or create somthing that the world have never seen or heard. The more unique the can become the prouder they will be.

It’s becoming a competition of creating the biggest contribution.