As we progress through the phases of our life, there’s no denying that our needs and priorities change. This is especially true when it comes to our finances and how we use debt.
If you have just received your first job, and along with it your first paycheck, your needs are going to be different than someone who is thinking of buying their first home. Parents getting ready to send a child to college will have different needs than an "empty nester" whose children are starting their own families.
From opening a checking account to cashing out your retirement savings, there are different steps to help get you to the right financial level. No one's financial situation is identical to anyone else's, but there are similar patterns most people will face as time passes:
Knowing what to expect once you enter a certain life stage and beginning to prepare for the next one will allow you to plan wisely and help you achieve your financial goals.