ADULTING – Managing Finances


So my mom and I were watching a Suze Orman video, I didn’t think anything would pertain to me but I learned a lot from it. There was this one girl who was 22 and fresh out of college. She was lucky enough to have no student loans, and she had a savings account her grandmother had set up for her since the day she was born #GOALS

She was asking Suze Orman what steps she should take to properly invest this money and prepare for her future. I was like WOW, she’s already trying to invest money and plan for her future. Suze explained that as soon as you start get a salary as a young adult, its important to start investing, saving, and planning.

Investing at the age of 22, instead of waiting until your 32 can make you an extra MILLION DOLLARS in your lifetime. That’s crazy!


Since our generation might not even have social security, it’s important for us to start thinking about this stuff as soon as possible. Retirement seems like a long way off, but you’ll be so much happier retiring at 65+ when you actually have the extra money to do it! An extra million dollars? Yes please.

You also want to learn as much as you can about budgeting. The earlier you can make these changes the better you will be financially in the long run, and the more money you can make!

This is a lot of stuff we don’t hear about and it sometimes feels like society doesn’t want us to succeed or reap the benefits that are out here for us to take.

Please do research and stay educated to provide yourself a better future financially!

When you finally land that salary job its important to consider:

–       401k – also try to see if your company will match. A match means that if you invest 8% of your salary into your 401k, the company will have to match and make an equal contribution.

–       Staying on top of your student loan payments. This should be your first priority in your twenties. Don’t wait years and years to pay them off, because interest is growing day by day. This is the number one debt you want to pay off because it can’t be forgiven.

–       Credit cards – you should only use credit cards sparingly, but if you use them a lot it’s important to be paying your credit card bills monthly and more importantly ON TIME. You want to make sure you build your credit so when it’s time to buy a car or house or basically do ANYTHING, you’re going to need good credit!! Having bad credit because you didn’t care in your twenties can really mess you up in the long run, don’t make this mistake.

–       Make financial goals: How much money do you want to make by 25? How can you do this? How can you budget to buy a car? How can you budget to pay off student loans? Be your own financial planner and try to stay on track to achieve these goals, so you don’t end up spending more money on things that are unnecessary. Trust me, we all do it.

–       Don’t pay attention to friends -Everyone has their own finances. You can’t compare yourself to your friends. Save and invest in a way that works best for YOU and YOUR lifestyle. You can’t worry about what your friends are spending money on or trying to keep up with them.

–       Don’t be hard on yourself – being young and adulting is hard. It’s overwhelming to be in debt, and not know how to budget. But that’s why it’s important to take action now and learn as much as you can. You’re going to make mistakes but educating yourself is the best way to get through it.


Managing finances is a major part of adulting – but it’s easier than you think. Don’t wait until it’s too late.

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