• Receive lifetime stable income
  • Plan For retirement with confidence
  • find highest guaranteed returns

Financial planning tips for your 20s and early 30's

Here Are ten things you do in your 20’s to early 30’s to help take charge of your finances.

You will not be financially lost forever. It may feel that way when you are in young adulthood. Managing your finances for the first time can be overwhelming — with the daily expenses, big-ticket costs such as housing and health care, heavy debts and long-term goals.

Acquire A Marketable Skill.

You can’t start worrying about what to do with your money until you’ve earned some. So focus on your career, not just a job. Because chances are, you’re not going to love your first job. It’s just a stepping stone to something better. Make the most of it and learn from it. My first job consisted of being a banking assistant where I filed those old banking origination cards that were used as computers came online to run the banking system, I helped customers and learned the inner workings of a bank which are skills I still use to this day. Stay in a constant flow of evolving taking the skills you have, the skills you’ve learned and applying them to gain the skills you want.

Establish a budget.

Once you’re bringing home the bacon, you’ll have to figure out how to slice it up. Without a budget, you risk overspending on discretionary items and undersaving for important big-ticket purchases. This is really where it all starts, when cashflow is low and you are just starting out is the best time to learn frugality. If you can live frugal in this stage of life, you’ll have no problem using that skill to help propel you into your next life and financial stage.

First, list out all of your daily expenses (such as commuting costs and food bills) and recurring monthly payments (rent, utilities, debts). This will give you a better idea of where your money is going and where you can cut costs. What’s next? Take your short- and long-term savings goals into account, such as an emergency fund (See Tip #5) and retirement fund (Tip #6). And if you’re ever planning on buying a house, you should start saving for the down payment as soon as you can.

Protect Yo’ Self.

The world we live in is unpredictable and accidents happen. Having insurance is one of the best ways to protect yourself financially if you get injured or can’t work. From medical insurance to auto and life insurance, getting these types of insurance early on is often the difference between maintaining your financial stability and not.

Debt Repayment Plans.

Credit will be one of the most important factors in deciding your lending capabilities for purchases or when applying for new credit. Most young adults have some form of debt, but letting it become too large can have negative consequences for years to come, such as higher interest payments and lower credit scores. It’s important to have a solid repayment plan in place for your student loans. There are a number of programs that can help reduce the burden, such as the Peace Corps or Americorps. Another way to trim this cost is to set up automatic payments for your federal student loans. Develop a strategy to pay off your credit card debt as well. Hopefully, being young, you haven’t had time to accumulate much. If all you do is swipe, your first step is to establish a budget (Tip #2) and curb your spending. You should then start paying down debt on your debt with highest interest rate, once paid begin on the next highest, this would be considered the snowball method of paying down debt made popular by Dave Ramsey.

Save Up For A “Rainy day” fund.

Insurance is not the only thing you need to worry about. You should also have some money saved up in case of an emergency. Some people call it a rainy day fund. I like to think of it as a Summer Heatwave fund. Last summer our Central A/C went out in 120 Degree weather, having that fund in place meant we were not stressing to pay for the repair. As summer in a Southern California Dessert would have it, our Car had an issue that needed about $1,500 in repairs for. Having that extra buffer helped to not stress about where the money was coming from, but instead think about how we could replenish it.

Start saving for retirement.

The sooner you start saving, the fatter your retirement fund will be. Because of the compounding effect, time will fatten up your retirement fund. For example, if a 25-year-old saves just $100 a month, assuming an 8% return and quarterly compounding, he’ll have $346,039 by the time he turns 65.

Think of saving for retirement as making automatic payments to your future self. If you participate in your company’s 401(k), which you should, your contribution can be automatically deducted from each paycheck before taxes. This money can then be “Out Of Sight, Out Of Mind.”

Build up your credit history.

Your credit score is important for more than just getting a credit card or car loan. A good credit score can help you get a better apartment or job, and may even help you get approved for insurance. In order to build up your credit history and earn a good credit score, you’ll need to take on some debt and show that you know how to manage it well. Having no credit is as bad as having bad credit, so it’s important to demonstrate to lenders that you’re responsible with credit.

Quit the Bank of Mom and Dad.

What better way to show your parents how much you love them than by becoming financially independent? In your twenties, your main goal should be to become self-sufficient. Get off your parents’ payroll and start supporting yourself. Financial independence is unattainable without a steady job. However, you should also get your own insurance, car, cell-phone plan, and home. While it may not be as apparent, you shouldn’t rely on getting help from Mom and Dad in a pinch. Therefore, an emergency fund is necessary.

Clean up your social media presence.

It’s about time we put away the red cups and cleaned them up for our public image. Like it or not, our social media activity is viewable by the entire world wide web, including all our current or potential employers. Let’s get our act together by searching for ourselves online. You can enhance your online image by promoting your positive attributes online. For example, make sure your LinkedIn profile accurately reflects your professional skills and potential. If you’re an expert in a particular subject, you can share your knowledge and insight via Twitter, Tumblr, WordPress or other sites.

Get your key financial documents in order.

Your birth certificate, Social Security card, and other official IDs should be in your possession, not your parents’. Also, keep a list of all your banking and investment accounts, household bills and insurance policies, along with any online usernames and passwords. Make sure to get all the details on any funds your parents might have administered for you, such as custodial accounts and any lingering savings bonds. Keep this important information in a secure place, like a safe, and make sure someone you trust knows where it’s located. Important documents to keep track of include your apartment lease, roommate agreement, and car registration and title.


Annuities can Help To Plan Your Retirement On Your Terms! Annuities Foundation will help Find A Strategy And Know What Your Income Will Be For The Rest Of Your Life!


Plan your estate with the aid of a financial expert, avoid taxes legally and keep those funds in the estate for later distribution or growth


Family legacies have been created through annuities and used to pass on a financial legacy that keeps funds private, continues to grow and avoid taxes.


Daily quotes





How It Works ?

Our Specialization

We have a simple 3 step process that helps walk you through the process, Step 1 is to Request a free no-pressure quote, you'll receive current rates of growth and get more information on the companies we believe can help you. Step 2 is to consult with a professional on your specific case, this can be done in person, by phone and/or Zoom video chat, usually takes 20-30 minutes to establish your needs and strategize your future goals. Step 3 is to receive the policy, this is where your agent will sit with you and explain your policy, expected growth and notify your beneficiaries of what to do if needed. This process is simple

Why Choose Us?


Our network is comprised of A+ Rated companies by BBB with An AM Best A+ financial strength rating.


With 30 years of experience in providing financial advice, Annuitiesfoundatino.org provides information you can trust!


Our Network partners are independent and will find you the best products and rates based on your needs!


What Our Client Say

With 30+ years of experience in the industry, you can trust the annuities foundation for all of your financial and retirement needs. Wheter your'e planning for retirement soon or it's years away the annuities foundation can help with rates from multiple carriers. Here's what previous users had to say about the annuities foundation organization.

Sarah Bennet

Sarah Bennet

They helped me identify my needs and put me in contact with a professional local agent to set up a customized retirement strategy with tax benefits and lifetime income!

Eduardo aguirre

Eduardo aguirre

The Annuities foundation has been a huge help in educating me on my options, they even set me up with a local agent to strategize for my needs with my family's legacy in mind!

© 2021 Annuities Foundation Organization. All Rights Reserved