{"id":1292,"date":"2023-05-03T11:11:09","date_gmt":"2023-05-03T11:11:09","guid":{"rendered":"https:\/\/www.globalcreditpros.com.ph\/?p=1292"},"modified":"2023-05-03T11:14:15","modified_gmt":"2023-05-03T11:14:15","slug":"finlit-before-30-its-the-new-goal","status":"publish","type":"post","link":"https:\/\/www.globalcreditpros.com.ph\/?p=1292","title":{"rendered":"FinLit Before 30 &#8211; It&#8217;s the New Goal!"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1292\" class=\"elementor elementor-1292\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-25b0b37 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"25b0b37\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1884351\" data-id=\"1884351\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1adf28d elementor-widget elementor-widget-image\" data-id=\"1adf28d\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.2 - 04-04-2022 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1080\" height=\"500\" src=\"https:\/\/www.globalcreditpros.com.ph\/wp-content\/uploads\/2023\/05\/4.jpg\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/www.globalcreditpros.com.ph\/wp-content\/uploads\/2023\/05\/4.jpg 1080w, https:\/\/www.globalcreditpros.com.ph\/wp-content\/uploads\/2023\/05\/4-300x139.jpg 300w, https:\/\/www.globalcreditpros.com.ph\/wp-content\/uploads\/2023\/05\/4-1024x474.jpg 1024w, https:\/\/www.globalcreditpros.com.ph\/wp-content\/uploads\/2023\/05\/4-768x356.jpg 768w\" sizes=\"auto, (max-width: 1080px) 100vw, 1080px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5bfeaaf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5bfeaaf\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-55a38c0\" data-id=\"55a38c0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-150add0 elementor-widget elementor-widget-heading\" data-id=\"150add0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.2 - 04-04-2022 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">FinLit Before 30 - It's the New Goal!<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2f47654 elementor-widget elementor-widget-text-editor\" data-id=\"2f47654\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.2 - 04-04-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p style=\"text-align: center;\">Blog Written by: Global CreditPros<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-720bed7 elementor-widget elementor-widget-text-editor\" data-id=\"720bed7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><b>Here\u2019s a short read for today.<\/b><\/p><p><span style=\"font-weight: 400;\">In this day and age, people in their 20s need to start changing their perspective when it comes to managing their finances. You might think that you have the rest of your life to get serious about money but time can and will pass by in a blink of an eye. Next thing you know, you\u2019re half-way to retirement and you haven\u2019t even started on building your personal savings. Feel free to live your life while you\u2019re young but never forget that you need to create a sizable nest egg for you to live on in your golden years.<\/span><\/p><p>\u00a0<\/p><p><span style=\"font-weight: 400;\">Here are some tips that can help you start your journey to financial literacy.<\/span><\/p><p>\u00a0<\/p><ul><li><strong> Create A Budget &amp; Track Your Spending<\/strong><\/li><\/ul><p><span style=\"font-weight: 400;\"> Make a habit out of creating a monthly budget and sticking to it. You need to list down your financial responsibilities (i.e. despoting to personal savings and paying bills) so you can prioritize them.<\/span><\/p><p><span style=\"font-weight: 400;\"> Creating a budget will nurture a healthy spending routine. You don\u2019t need to completely cut-off the little joys in your life\u2014like online shopping or having coffee at Starbucks\u2014as long as it does not negatively impact your financial goals.<\/span><\/p><p><span style=\"font-weight: 400;\"> To foster this habit, start tracking and writing down your expenses on a weekly or monthly basis. This will enable you to see if you are overspending and if it is affecting your budget. It will help you control, if not completely stop, impulse-buying things that you can do without.<\/span><\/p><p>\u00a0<\/p><ul><li><strong> Live Within Your Means<\/strong><\/li><\/ul><p><span style=\"font-weight: 400;\"> Simply put\u2014the cost of your lifestyle should be well below your income.<\/span><\/p><p><span style=\"font-weight: 400;\"> As your professional life progresses, you will apply for better positions at your job or find better paying companies that will increase your income. You will eventually find yourself with an excess income, which one would typically use to live a more luxurious lifestyle. Instead of using your surplus earnings to buy newer or more expensive things, set it aside for your personal savings or put it towards your financial goals.<\/span><\/p><p><span style=\"font-weight: 400;\"> Use a credit card as leverage to invest on yourself by, for example, furthering your education or using it for your business. Using your credit card to fund a lifestyle you cannot afford with your income will be detrimental.<\/span><\/p><p>\u00a0<\/p><ul><li><strong> Calculate Risks<\/strong><\/li><\/ul><p><span style=\"font-weight: 400;\"> As mentioned earlier, investing in yourself is good practice. If you need to go back to school or take online classes to further your knowledge in a field or area of expertise, do so. Increase your value as a person and as an asset to companies or businesses you\u2019re interested in.<\/span><\/p><p><span style=\"font-weight: 400;\"> Don\u2019t stagnate. Take the opportunities that open up for you especially when you are ready to move up the corporate ladder or to apply to another company for a better paying position.<\/span><\/p><p>\u00a0<\/p><p>\u00a0<\/p><p><span style=\"font-weight: 400;\">The aforementioned will help you find a routine that will suit you and your financial goals. Although starting young is ideal, it is never too late to change your spending habits and how you manage your money. Developing a habit of saving and being goal-driven will set you on the right path to financial literacy.<\/span><\/p><p><br \/><br \/><br \/><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-06fc18d elementor-widget elementor-widget-text-editor\" data-id=\"06fc18d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"text-align: center;\">Share this article!<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5074612 elementor-share-buttons--align-center elementor-share-buttons--view-icon-text elementor-share-buttons--skin-gradient elementor-share-buttons--shape-square elementor-grid-0 elementor-share-buttons--color-official elementor-widget elementor-widget-share-buttons\" data-id=\"5074612\" data-element_type=\"widget\" data-widget_type=\"share-buttons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<link rel=\"stylesheet\" href=\"https:\/\/www.globalcreditpros.com.ph\/wp-content\/plugins\/elementor-pro\/assets\/css\/widget-share-buttons.min.css\">\t\t<div class=\"elementor-grid\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_facebook\" tabindex=\"0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-facebook\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t\t<span\n\t\t\t\t\t\t\t\t\tclass=\"elementor-screen-only\">Share on facebook<\/span>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-share-btn__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__title\">\n\t\t\t\t\t\t\t\t\t\tFacebook\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_twitter\" tabindex=\"0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-twitter\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t\t<span\n\t\t\t\t\t\t\t\t\tclass=\"elementor-screen-only\">Share on twitter<\/span>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-share-btn__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__title\">\n\t\t\t\t\t\t\t\t\t\tTwitter\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_linkedin\" tabindex=\"0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-linkedin\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t\t<span\n\t\t\t\t\t\t\t\t\tclass=\"elementor-screen-only\">Share on linkedin<\/span>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-share-btn__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__title\">\n\t\t\t\t\t\t\t\t\t\tLinkedIn\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>FinLit Before 30 &#8211; It&#8217;s the New Goal! Blog Written by: Global CreditPros Here\u2019s a short read for today. In this day and age, people in their 20s need to start changing their perspective when it comes to managing their finances. You might think that you have the rest of your life to get serious [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"post_folder":[],"class_list":["post-1292","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"https:\/\/www.globalcreditpros.com.ph\/index.php?rest_route=\/wp\/v2\/posts\/1292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.globalcreditpros.com.ph\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.globalcreditpros.com.ph\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.globalcreditpros.com.ph\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.globalcreditpros.com.ph\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1292"}],"version-history":[{"count":5,"href":"https:\/\/www.globalcreditpros.com.ph\/index.php?rest_route=\/wp\/v2\/posts\/1292\/revisions"}],"predecessor-version":[{"id":1298,"href":"https:\/\/www.globalcreditpros.com.ph\/index.php?rest_route=\/wp\/v2\/posts\/1292\/revisions\/1298"}],"wp:attachment":[{"href":"https:\/\/www.globalcreditpros.com.ph\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalcreditpros.com.ph\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalcreditpros.com.ph\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1292"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/www.globalcreditpros.com.ph\/index.php?rest_route=%2Fwp%2Fv2%2Fpost_folder&post=1292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}