Managing monthly income and saving money is important for young adults, but many are puzzled about the process of it. Finance experts share a quick guide on budgeting, saving and investing during your early 20s
It is always useful to learn and practise managing money effectively early on; a crucial factor defining one’s financial independence. Image for representational purpose only. Photo Courtesy: iStock
“The decisions taken in early 20s often lay the basis of an individual’s financial planning and its benefits throughout their lifetime,” says Ajay Shah, director and head- retail, Care Health Insurance. “Effective early management of finances enables one to explore and experiment for future financial security and stability,” he adds.
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