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5 Financial Milestones Everyone Should Hit in their 20sLess than two years ago, it was reported by the BBC that 53% of young people in the UK between the ages of 22 and 29 were living with no savings put aside. This problem has also been reported in other countries and appears to be a new financial global trend amongst younger generations.
This is a worry because your 20s are a significant time to build up financial strength and a platform for a comfortable life. Without savings, younger generations are vulnerable to dips in the economy and job market. The end result could be parents picking up the pieces and offering support.
With that in mind, what financial goals should people in their 20s be aiming for?
Financial Milestones for 20-Somethings
#1: Become Financially Independent
Straight out of university it may be hard to stand on your own two feet while looking for a dream career. As soon as you do land a job, it is time to make an effort to quit the bank of mum and dad. By becoming financially independent, you start to learn the true value of money and start to be more conscious of spending and savings…

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