7 Money Tips for Twentysomethings

Source: http://sg.finance.yahoo.com/news/7-Money-Tips-for-usnews-3057985594.html

1. Don't rack up credit card debt, and pay any debts off quickly. 
2. Contribute to your 401(k). Just do it. 
3. Start a savings plan early. 
4. Don't try to keep up with the Jones's. 
5. Pay off your highest interest-rate debt first. 
6. Save four months of your salary in cash before you start investing after-tax money in an investment plan. 
7. Be patient. 
 
Having cash, savings, and an investment portfolio that allow you the flexibility to take advantage of opportunities down the road will really help.
 
If you remember nothing else, remember this: While it seems like your life is full right now, there is probably a lot coming up--such as a first home, graduate school, and maybe even, gasp, kids!
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