5 Ways to Ensure Financial Security When You Are Under 30


Take full advantage of available resources

If you belong to a company pension plan, take the money you’re being offered and make sure you contribute the maximum amount of what your employer can match.

You should also consider taking advantage of the tax instruments, like the individual retirement account (IRA). When you contribute to IRA, it will result in substantial tax savings. Investing in stocks is also a perspicacious idea due to favorable tax treatment (and taxes may be lowered even more in 2020) on dividend income and capital gains.