Gone are the days of YOLO just for the heck of it. It’s the shedding of old habits to pave the way for life-changing events — getting married, cradling your newborn child, nurturing a home. With your own dependents comes the time to diversify your finances beyond the usual ATM and savings account. Because now you are living not just for your own pleasure and dreams for you are building a future for those who are counting the most on you.
Editor’s note: This is a four-part series of posts on the life stages for financial planning. The first life stage can be found here.
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