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A good starting point is to save 20% of your income. But don’t stress if that feels like too much right now — even a small, consistent amount adds up over time. The key is to build the habit of saving, whether you’re putting money toward an emergency fund, retirement, or a future goal.

• Saving is like parking your money in a safe place (such as a savings account) so it’s there when you need it. It’s low-risk and best for short-term goals.
• Investing is like putting your money to work — buying things like stocks, bonds, or real estate that can grow in value over time. It carries more risk, but also the chance for bigger rewards.

A credit score shows how trustworthy you are with borrowing. To boost it:

• Always pay bills on time.
• Keep your credit card balances low (under 30% of the limit).
• Avoid opening lots of new accounts at once.
• Check your credit report regularly for mistakes.
• Over time, these habits build a strong score that helps with loans, mortgages, and even job opportunities.

A financial process is simply the step-by-step plan you follow to manage your money. It’s the path that connects budgeting, saving, investing, and planning for retirement — making sure each step supports your long-term goals.