7 Financial Goals every 24 year old needs to have!

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What are seven goals that every 24-year old should have today i’m going to share with you guys seven goals financial goals that i believe every single person that’s 24 years old should have out there guys i cannot wait to share this with you guys today good day subscribers thank you so much for joining me today i am jeremy this is the financial education channel

In today we’re talking about seven goals that every 24 year old out there should have guys seven financial goals specifically that every single 24 year old should have guys i was able to meet all seven of these goals and i think there’s just seven really good financial goals to have that will set you on the right right track as you go further on in life guys so

Let’s go ahead and get into this leave a thumbs up button thumbs up button leave a thumbs up if you enjoyed this video today guys and leave a comment if you enjoyed it as well i would love to hear from you guys so number one the biggest financial goal at age 24 in my opinion you need to be living on your own so not living with roommates or you know if you live

With a boyfriend girlfriend or something that’s fine but if you’re living with roommates that’s not really what i mean by living on your own i mean having your own apartment your own house your the renting or you bought something like that where you’re self-sufficient you’re not relying on other people to help pay the bills or pay all the bills if you’re still

Living at home when you’re 24 then you’re kind of in a situation where you’re still relying on your parents or your grandparents or whoever pays those bills to pay those bills and if you’re living with roommates you’re still not all the way self-sufficient you’re relying on them to help you out so in my opinion you know living on your own is absolutely the number

One goal to every single person that’s 24 years old should have if you’re not living on your own by 24 then you got to figure out how do i get to live on my own but by the age of 24 because you don’t want to be in a mentality that you know you’re still not self-sufficient if you’re not self-sufficient by that age then it gets really hard to to move on in life and

Move up the ranks and do those kinds of things because then you’re just kind of stuck in a situation where you’re relying on other people and when you rely on other people whether it’s your parents or whether it’s a government or whoever just put you in a negative mentality that you can you know go out there and accomplish things guys so living on your own it’s

A big sense of freedom it’s a big sense self-accomplishment for you i know when i moved out of my parents i think i was twenty-one years old and it felt really good for me you know yeah it was a lot more expensive you know paying that extra eight hundred bucks at for an apartment or whatever but at the same time i got a lot of self worth out of that where i felt

Really good about myself in that i was actually doing things in life and it focused me even more to try to expand my expand my knowledge and all those kinds of things so i could bring in more money and be more financially wise and those kinds of things instead of just relying on my parents to keep paying the bills and then i just go ahead and spend that other

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Money other places and i don’t worry about trying to move up the ranks and all those kinds of things guys so that’s the number one by far and away the biggest financial goal every 24-year old should have my opinion living on your own number two you want to be investing in something by the age of 24 whether it’s stocks whether it’s real estate whether it’s things

Like metals you know maybe you’re buying gold coins or silver coins or something like that you want to be investing in something investing in something and learning about investing and actually doing it actually spending some money on investing and trying to make your money into money because that’s one of the biggest things in financial success is trying to make

Your money into money investing guys so you want to buy that age you need to be investing in stocks or investing in real estate or investing in something like i said guys that you’re trying to you’re trying to get in that mentality okay i got money now how do i make my money into more money it’s very important guys it’s a huge key to financial success in life is if

You can make your money in the money and invest it wisely in those kinds of things guys so by 24 you want to be investing in something number three you need to have an emergency emergency fund of at least $15 $15 $1500 if you have an emergency fund and $15 they’re going to help unless you need a pack gum or something you need an emergency fund of at least $1,500

Now what i mean by emergency fund this is this is money that is not supposed to be touched unless it’s absolutely absolutely necessary like like all your other accounts are emptied out somehow all these bills come at you at once and all these unpredictable things cannot you at once and somehow you have to dig into that money guys that’s the only way that money is

Only supposed to be touched and that’s why it’s called an emergency fund because it has to be a dire emergency for you to actually get into that fifteen hundred bucks and spend it so now that fund is a great thing because it will help you in emergency situations so you don’t have to rely on parents or rely on friends for that money or rely on taking out some

Ridiculous loan at your bank or taking on a ridiculous or not one of those payday places or whatever that charge like ninety percent interest rate so you don’t want to do that so that emergency fund is great it helps you sleep well at night and it brings you a sense of you know i’m doing something in the world i’m protected i’m protected because i have some money

Left over for an emergency type situation if all my tires pop tomorrow you know how i’m gonna pay for that hopefully it’s out of your regular account button maybe you need to dig in that emergency account so that’s key number three by twenty four you want to have an emergency fund of at least fifteen hundred bucks guys number four you want to have a stable job a

Stable job that either is showing future showing promise or you want to have an idea of a company you’re going to start very very soon in that job you’re just trying to make money and save money and trying to you know go out there and start your new company pretty soon so if you’re not in one of those type of situations where you’re in a company that’s a stable job

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And that you actually can move up the ranks and a decent amount of time if you’re not in that then you need to figure out okay how do i get a job like that or you know maybe it’s time for me to start a business i need to start looking at business ideas think of something and implement it and just use this job as money for now in into going ahead and starting my

New business which i’m going to actually be doing something on my own and i get more of the profits and all those kinds of things guys so that’s key number four you want to have by twenty-four you want to have a stable job or you want to have a vision for starting a business pretty soon that you think can be a very good success guys number five you need to have a

Reliable vehicle unless you live maybe in manhattan or somewhere like that that has such amazing transport system you need a reliable vehicle you know every state every state i’ve ever lived in and there’s no way i could have done my job without a reliable vehicle or reliable vehicle is huge because you don’t want to have to if you do it that job that has future

You don’t want to be calling in and saying oh hey boss you know my engine blew today or my radiator with that or whatever you don’t want to be doing those kinds of things because they don’t just put on a negative type thing for you in the background and then the chances of you moving up the ranks goes down even a little bit guys so you want to be reliable you want

To always be there on time you want to never have any issues you want to look like you got your stuff together guys so reliable vehicle is key to have by age 24 and getting around and just having a having a successful life so that is another huge key guys you want to have by 24 number six you want your main checking account to never get overdrafted or never even

Get close to overdraft it guys this is another big one if you’re still 24 years old or older you don’t want to be doing the things you were doing when you’re 18 or 17 where you got 17 dollars in your account or you’re overdrafting in those kinds of things guys and paying those overdraft fees you don’t wanna you want to be like have enough money in that account alone

Time and it’s not even getting close you know you always got like two hundred three hundred bucks at that minimum in there so it’s never even a thing to overdraft it that way also you get yourself protection from having to go into that emergency fund if you always have at least hundreds of dollars in that account if not thousands of dollars then then say something

Does go wrong you know you get flat tires or whatever and you have to spend five hundred bucks to get new tire for your car or whatever type of situation you know you chipped your tooth and you got to go get it fixed for 250 bucks or 300 bucks any type of those situations you can just go ahead and dig into that checking account to pay that out instead of having to

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Go into that emergency fund so that’s another big big reason why you always want to have that checking account nowhere near overdraft time because guys you want to have some money in that account so you don’t have to go into your emergency fund and pull that money out because that money is only for absolute emergency guys so that’s that’s key number six there you

Want to do about age of 24 number seven you want to have the ability to put a minimum of a hundred bucks even up to a thousand bucks away every single month toward savings or in or combo of both guys so you want to always make sure you have enough money left over at the end of the day that you can put some money towards savings guys at least 100 of least 100 bucks

A month you know if you get closer to a thousand bucks that’s freaking phenomenal i know when i was 21 22 years old i was making 50k plus and i was living in a one-bedroom apartment i was putting two thousand dollars plus a month toward investments and that’s another reason why i built my account so fast because not only was i getting a great percent return but i

Was actually putting two thousand plus dollars toward my investments every single month guys so you don’t have to do 2,000 a month if you just get you know four hundred five hundred bucks a thousand bucks that’s freaking phenomenal at least a hundred bucks so if you can’t do at least a hundred bucks a month toward investments towards savings then you really gotta

Find a better job or you gotta you got to start your own business or you got to find some other ways to make passive income watch my passive income videos where i talk about ten ways to make passive income online you got to figure out something because you got to start having some money left over at the end of the day and you can go ahead and start putting towards

Savings investments so you can start building your net worth guys so i hope these seven tips helped immensely in seven financial goals and that you should have by age 24 and if you don’t have these goals by age 24 i got a million videos out there that can hopefully help you reach all seven of these steps out there if you’re not 24 let me know if you guys have

Already reached this yet if you’re 22 or 23 and you already are in all these i would love to hear from you guys you know let me know how many of these these goals you actually have hit so far and how many you still have to go i would love to hear from you guys leave this video a thumbs up if you enjoyed and if you came across me i’m not subscribed yet you may want

To my top personal finance on the channel talking investments on the channel how to make your money into money and we also talk business and entrepreneurship i’m an entrepreneur and i talk to entrepreneurs and type tips on this channel thank you for watching guys and have a great day

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7 Financial Goals every 24 year old needs to have! By Financial Education

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