I’d like to extend a hearty congratulations to the Class of 2021. There’s no doubt we’ve all weathered a tough year and a half. But now, as a new grad, you can prepare to strike out on your own. Maybe you’ve got your first “real” job, or your first apartment—or are still deciding what your next chapter will be. In any case, this is the perfect time to take some tried-and-true steps towards financial independence. You may have heard much of the following advice before, but it bears repeating—both as a call to action to young people and as a reminder to anyone at any age who aspires to financial freedom. Seven steps to financial independence There’s more of course. However, if you take these seven steps now—and remain mindful about the way you spend and save—you’ll not only give yourself a good start, you’ll be on your way to lasting financial independence. Have a personal finance question? Email us ataskcarrie@schwab.com. Carrie cannot respond to questions directly, but your topic may be considered for a future article. For Schwab account questions and general inquiries,contact Schwab. Disclosures: The Charles Schwab Foundation is a 501(c)(3) nonprofit, private foundation that is not part of Charles Schwab & Co., Inc., or its parent company, The Charles Schwab Corporation. The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision. All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers are obtained from what are considered reliable sources. However, their accuracy, completeness or reliability cannot be guaranteed. COPYRIGHT 2020 CHARLES SCHWAB & CO., INC. MEMBER SIPC. (#0621-1CJK)
