Start by understanding essential financial concepts like budgeting, saving, debt management, investing, and interest rates.
Use budgeting tools like Mint or YNAB (You Need A Budget) to help you allocate money wisely, control spending, and achieve savings goals.
Educate yourself on good vs. bad debt and learn how interest works. Prioritize paying off high-interest debts and develop a plan to reduce your overall debt.
Start learning about investment options like stocks, bonds, mutual funds, and real estate. Understand key terms like risk, diversification, and compound interest.
Establish good money habits, like saving a portion of your income regularly or setting up an emergency fund.