1st Inning (Age 21 – 25)

You are in your early ‘20’s when you step out on your financial ballfield. You have another 40+ years in your Financial Ballgame™, so the actions you take now will have a huge impact on how many runs (dollars) you will accumulate by the 9th Inning. That’s why it’s very important to create winning habits early in the game.

What players do you need in your field in this inning? Here’s a few that you will want on your team:

  • Set up a bank account to cover cash management
  • Get your first credit card
  • Start an IRA or participate in your employer’s 401(k) plan
  • Buy or lease an automobile
  • Why not set up a systematic savings investment plan and take advantage of the time value of money? We can teach you how to get started for as little as $25 per month…

At our Financial BallGame™ workshop “Early In The Game”, you will learn about these topics plus much, much more:

  • How about those credit card offers? Learn how to choose which one is best for you.
  • Learn the do’s and don’ts of building your credit report. Why is it important and how much money will it save you? What is a FICO score? Learn how will your credit score either cost you or save you thousands of dollars! Learn the “do’s and “don’ts”…
  • Is leasing a car a good deal as compared to financing or paying cash? (Of course, if Dad (or Mom, or rich uncle) buys it for you, that’s the best deal!)
  • Do I need life insurance yet? Disability coverage? If so, which kind? It’s really confusing, isn’t it? Seems to depend on who you talk to…
  • How can I save money on my bank accounts? How much will you pay over your lifetime for those bank checks with the pretty pictures on them? Is there really a better way? No need to keep lining the banker’s pockets. Better to line your own.
  • Should I have a broker for stocks or bonds? Can I get started investing for as little as $25 per month? We’ll teach you how…get started NOW!
  • Is it important that I participate in my company’s 401(k) plan? (Love it or leave it.)
  • What is an IRA? Do you really need one yet?

So, ready or not, you’re up to bat. Take a deep breath. Grab the bat firmly in your hands, and get ready to swing! Take a deep breath…keep your eye on the ball, and SWING!!!

As your Financial Coach, we will help your batting skills as we cover these questions and more in our Early In the Game Workshop. Check out our “Workshop” Tab on the main menu for a peek at this exciting and informative session!

It’s Your Money. Play to Win the Game.™