~ Part Three: Building Your Own Plan ~ We have now explained the concepts behind 5 Buckets, 4 Shovels, a Beach and a Map. We have discussed popu-
lar financial topics that young adults should know. Now, we will give you practical advice and show you how to put these concepts into practice at different stages of your life.
Learning about financial security and applying that throughout your life is a constant development. You will always
be changing as will your finances. As you grow, your knowledge of personal finance will grow as well. Don’t be too worried if it seems overwhelming now. For now, here are some steps you can take within the first few years as you begin on your path to financial security.
Keep in mind that everyone’s path is different. The ages in the chart to the left are simply a general timeline. You can, and should, do everything at your own pace and when you see fit. Don’t feel constrained by these specific ages and tasks—they are presented here to help you give a broad picture of what young adults can be thinking about when it comes to personal finance.
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