Genesis Financial Group

Your 20s can feel like a lot of firsts: first full-time job, first benefits package, first student loan payment. It’s also a great time to start building habits that can impact your lifetime financial wellness.

Here are a few areas to focus on:

• Open checking and savings accounts
• Build a budget you can stick with
• Start an emergency fund with three to six months of living expenses
• Enroll in your company’s 401(k) plan and contribute at least the minimum needed to qualify for the full employer match
• Begin paying down debt like credit cards or student loans
• Check your credit report and correct any errors
• Consider purchasing life insurance and disability income insurance to lock in a lower rate

You don’t have to have it all figured out. Getting started is the win.

When life changes, so should your financial plan.

Early in your career, you may be focused on building savings, paying down debt, or preparing to buy a home. But as life evolves, those priorities inevitably shift toward retirement planning, creating income strategies, and planning for future generations.

What worked for you 10 years ago may not be the same strategy that works for you today. That’s why it’s important to regularly review your finances. Whether it’s evaluating your investments, revisiting retirement goals, updating beneficiaries, or adjusting for lifestyle and income changes, small updates over time can help keep your financial plan aligned with your goals.

If you haven’t reviewed your financial plan recently, our team at Genesis Financial Group is here to help you evaluate where you are today and prepare for what’s ahead.