9 Smart Money Moves to Make in Your 20's
If you’re a 20-something, having paid even a bit of attention to your money and personal finances over the past decade, you likely gained some valuable insights. You’re now standing on the cusp of making some of the smartest money moves of your life. And those of you who should have paid a bit more attention than you did, count yourselves fortunate that due to the unprecedented economic times of the past 10 years, a lot more attention is being paid to increasing the financial literacy of Canadians. The information is out there, free for the taking, if you’re ready for it.
Taking steps sooner than later to manage your financial affairs will not only set you up for success later in life, it will help protect your hopes, dreams and goals when life throws you a curveball. When you’re in your 20’s you have time on your side. This is such a huge advantage when it comes to personal finances and planning ahead financially....
Replacing your vehicle with a good used car or buying a new car is always a big decision, often the second biggest one, behind a house, that most people make. However, many of us will spend more time planning a family holiday than worrying about the wheels we want to buy. While we might think of our car as an asset, by the end of a car loan a new vehicle is often worth much less than what we paid for it, so it’s absolutely worth getting the best deal you can right up front.