"Your 20s and 30s are the most important decades for financial planning"
"Your 20s and 30s are probably the most financially challenging time of your life. Adulting is expensive! Here are five hacks to keep you on track."
"The "ideal" age to buy a home is 25-29 says the research, but the reality is that it's a lot later, due to the housing crisis and the deposit requirements for a mortgage."
Financial planning during the 20s and 30s has an outsized impact on long-term financial health. Those decades combine early career income, debt repayment, rental and living expenses, and initial saving and investing decisions. Adulting expenses make consistent saving and disciplined budgeting essential. Five practical hacks can help keep finances on track during this period. Research identifies 25–29 as an ideal age range for first-time homebuying, but widespread housing shortages and steep mortgage deposit requirements push actual purchases substantially later. Prioritizing debt management, building credit, and saving for a deposit improves readiness for future homeownership.
Read at Independent
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