The 5 Financial Goals to Achieve in Your 20s

Your 20s are the perfect time to put yourself in a great financial position for the rest of your life.

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Your 20s are the perfect time to put yourself in a great financial position for the rest of your life. That way, by the time you’re 30, you’re going to be sitting pretty comfy.

Here are my top five financial goals everyone should work towards and achieve in their 20s.

1. Credit Score over 750

The first and most reasonable goal that I think everyone should aim to achieve in their 20s is to get a credit score above 750. Your credit score is simply a calculation that shows lenders how responsible you are in paying back the money you owe, such as credit cards, auto loans, student loans, and mortgage payments.

Essentially a credit score is a grade that lenders will see anytime they determine how much money they will give you or at what interest rate. Credit scores range anywhere from 350, at the lowest, to 850, at the highest. Typically, the best interest rates are given to people with a score above 740.

That means the higher the credit score you have, the less interest you will pay. This saves you more money and makes you that much more likely to get approved…