motivation

8 steps to reaching financial independence
Living on your own creates a whole new level of responsibility. These tips can help you handle the job.

1)Step 1: Get your own bank account
Having a personal checking account allows you to pay bills online or via paper checks. The account can also help you manage your spending. By setting up automatic payments for recurring bills and account alerts, you can help guard against overdrafts, unusual activity and fraud.

2)step 2:Step 2: Create your own budget
framework for how you spend, not a reminder of how much you can’t spend

3)Step 3: Make a plan to pay off student loans
It generally takes between 10 years and 30 years to pay off a student loan balance, depending on the loan’s interest rate, total balance, your annual income and your repayment plan.