Today I’m excited to share some simple money tips for everyone out there, whether you’re 21 or 71.

If you’re between the ages of 20 and 30, here are some specific tips for you:

  • Try to stick to a budget
  • Create a savings account
  • Start paying off your student loan debt

“Using these tips will help keep you on the right track.”

If you’re between the ages of 30 and 40, you should:

  • Keep a low credit card balance
  • Start a college savings account for your kids

Between the ages of 40 and 50, you should:

  • Review your savings goals
  • Pay off your mortgage
  • Protect your assets with insurance

Between 50 and 60:

  • Track your monthly spending
  • Set up a will, trust, or other plan for your finances

For those over 60:

  • Ensure your investments are in low-risk plans
  • Downsize when appropriate
  • Start investing in things you are truly passionate about

Managing your money can be difficult, but using these tips will help keep you on the right track. If you have any additional financial questions or any questions about real estate, don’t hesitate to give us a call or send us an email. We look forward to hearing from you soon.