You have finally entered the working world, you start looking at your savings and you are wondering if you’re ready for the big hurdles in life like marriage, buying a house or if you’re even capable to pay off your student loans but how do you know if you are on the right track?
This checklist helps you gauge your financial stability or help you get started on being financially stable.
1. Financial Independence- Stop Depending On Your Parents
The first thing to check if you’re financially sound is to be financially independent, being in your mid-20s, you do not want to be depending on your parents’ paycheck or still waiting for an allowance from them. Being able to depend on yourself is a great way to see if you’re heading in the right direction!
2. Save Money – Allocating Your Monthly Salary
Not sure what to do with your …