Once you’re out of school, it’s all up to you.
“Everything and everybody around you is fighting for your money, and you have to be the one who creates the decision of either you’re going to give them the income or keep it for yourself,” Kathleen Hastings, CFP and portfolio manager at FBB Capital Partners in Bethesda, Maryland, told Business Insider. “It’s all you.”
While you’re reckoning out that balance, your 20s are full of sparkling — and costly — milestones, from renting your first place to starting your first full-time job.
How do you juggle those costs with formulation for your future? Everyone’s conditions and needs are different, but review on to find out the first, smartest thing to do with your income in 5 common situations you competence face in your 20s.