Financial literacy is an important foundation to life. I’ve done tons of research to set myself up for success and these are key ideas to understand about finance!
Paying off debt is important!
How to Pay Off Debt Faster - Wells Fargo
Knowing about credit scores is a must to begin your financial journey!
What Is a Good Credit Score? - Experian
Two different ways to pay down debt - do what works for you!
What to know about the debt snowball vs avalanche method
You want to figure out your debt:income ratio to help you plan your budget!
Debt to Income Ratio Calculator | Bankrate
I love using CreditKarma to check my score and accounts!
Credit Karma
How to create a budget - super important to managing money
7 Steps to a Budget That Works for You! - Behind the Classroom
Sinking funds are things that I want to start being better about planning for. I put money in savings, but that’s just to have money in there lol
Sinking fund
A great basic budget strategy!
What is the 50/30/20 budget rule, and is it right for you? - Citizens Bank
Knowing the difference between good and bad debt is helpful
Good debt vs bad debt | Fidelity - Fidelity Investments
It’s never too early to invest in your retirement!
Types of Retirement Plans | U.S. Department of Labor
We love our financial advisor and I highly recommend having someoen
What Does a Financial Advisor Do and Should I Get One?
Always aiming for positive net worth!
Net worth
A great way to save money is to have a no spend challenge - weekend, week, month, whatever works for you!
No Spend Challenge {with Free Printable Tracker}
Figuring out an emergency fund is super nice when starting to get serious about finances
Emergency Fund Calculator: How Much Should I Have? - NerdWallet
Books are always great resources!
Name some of your favorite beginner books on financial literacy ...
