Hi guys this is Desteni.
Today I was reading an article and I thought I would share the information that I learned. It says that you should hit five financial milestones ideally by the time you're 30 years old.
1- The first financial milestone is that you should and track your expenses and your wealth. It's critically important to track both so that you have full awareness.
2- The article suggests that you should have a few thousand dollars in your savings account that you can access quickly in the event of an emergency.
3- you should be saving for retirement. The amount isn't as important and the fact that you're in the habit of saving.
4- you should have ZERO credit card debt. I know that's a BIG one. So what it's saying is that, before you actually build your wealth, you should try to pay off all your high interest credit cards
5- Lastly -and I know I'm guilty of this- you should have a beneficiary for all of your Bank accounts and your life insurance. So that's what I learned today, and I thought I'd pass that along that your Dose of Desteni.
Desteni Mason
Mason Knows Mortgages
A PERFORMANCE MORTGAGE TEAM
700 Wayne Street
Greenville, OH 45331
937-459-3350
http://masonknowsmortgages.com/
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