She Strengthens

Quarter-Life Reflections: Taking Control of My Finances

As I approach my 25th birthday, I’m struck by the significance of this milestone. While it may not come with traditional markers like marriage or homeownership, it’s a pivotal moment to assess my financial progress.

The Comfort of Milestones

I’ll admit it: I find comfort in having benchmarks to strive for. Despite knowing they’re arbitrary, they provide a sense of direction and motivation. After facing financial setbacks last year, I’m rebuilding my savings and grateful for the knowledge I’ve gained from reading about personal finance.

A Realistic Approach

Recently, I stumbled upon an article titled “7 Rules I Used to Save $100,000 by 25.” Initially, I felt discouraged, wondering how someone could achieve such a feat. However, reading the article put my mind at ease. The author’s valuable insights showed me that it’s never too late to start investing, and I’m grateful for the head start I’ve got.

Insights from the Experts

This week, I’ve curated a selection of articles that offer practical advice and fresh perspectives on personal finance. From understanding who truly owns your paycheck to the importance of prioritizing your money over your credit score, these pieces will help you refine your financial strategy.

Must-Reads:

1. The Hidden Truth About Your Paycheck: Life And My Finances reveals the surprising percentage of your paycheck that you actually own.
2. Saving Big by 25: Millennial Money Man shares the rules that helped him save $100,000 by 25, and how you can apply them to your own financial journey.
3. Money vs. Credit Score: Budgets Are Sexy asks the tough question: what’s more important, having no debt or a stellar credit score?
4. Debt-Free, But Not Carefree: The Self Employed Movement challenges the notion that being debt-free is the key to happiness.
5. Getting Your Finances in Order: Money Under 30 provides a step-by-step guide to taking control of your finances and becoming a financially responsible adult.
6. The High Cost of Success: Financial Samurai shares a personal story of being disowned for being a millionaire, highlighting the importance of defining success on your own terms.
7. Retiring on Any Budget: The Frugal Vagabond introduces a revolutionary tool that helps you find the perfect retirement location based on your lifestyle and budget.

These articles will help you navigate the complex world of personal finance and make informed decisions about your money. Remember, it’s never too early or too late to start taking control of your financial future.