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Things a Financial Advisor Says to Do with Your Money Before 30 Even if your retirement is decades away, you’ll want to start financing it now if you expect to enjoy it. It’s easy to put off things like funding a 401(k) account when you’ve got bills, student loans, and other daily expenses to fund first. No matter your situation, there are steps you can start taking to set yourself up for a financially sound future. Here are seven things financial advisors recommend doing with your money before you turn 30. Set clear goals for your money. Goal setting is important in all areas of life where you’re looking to succeed or improve, and it’s especially helpful where money is concerned. Sherri Anderson, a director and region executive director at Bank of America, says your 20s should be a time of reflecting on both short- and long-term financial goals. Do you want to own a home by your 30s, for example? Now’s the time to “build out an actionable plan to begin achieving these goals, including...

This Is How Many Credit Cards You Should Have, According to Finance Experts You’re reading through yet another story on credit card point hacking, wondering how you can book your first-class tickets to Japan. Or you’re listening to a TikToker explain how they’ve leveraged one credit card for groceries, one for restaurants, and they’re raking in the cash-back points and bonuses. Before you know it, you’ve got one tab open with a credit card application and another with a search for whether it’s good to have multiple credit cards.  “Multiple credit cards can offer the flexibility of various spending options, rewards, and the opportunity to build a credit history,” says Shonnita Leslie, personal finance content creator and side hustler at Noir in Color. But multiple credit cards also come with a crash course in money management while you’re keeping track of statement balances, minimum payments, and due dates. Wondering if it’s worth it? Here’s what the finance experts have to say. Is ...