Credit/Savings Goals

  • Period: to

    19 years old

    What I'll Be Doing:
    1. Living in a college dorm
    2. Working part-time
    3. Own a car Credit Actions:
    1. Apply for Discover It Student Chrome Credit Card
    2. Open a Wells Fargo CD savings account
    3. Use credit card for gas and dining only
  • Period: to

    23 years old

    What I'll Be Doing:
    1. Living alone in an apartment
    2. Working part-time
    3. Have an internship Credit Actions:
    1. Apply for Discover It Cash Back Credit Card
    2. Continue utilizing CD savings account
    3. Open up more options for using credit card
  • Period: to

    28 years old

    What I'll Be Doing:
    1. Living in an apartment
    2. Working full-time
    3. Own a car, rent an apartment, paying off student loans Credit Actions:
    1. Continue using Discover It Cash Back Credit Card
    2. Transition to a traditional savings account
    3. Pay off credit card balances regularly
  • Period: to

    38 years old

    What I'll Be Doing:
    1. Living in a house with partner and possibly children
    2. Working full-time
    3. Own a car, house, and hopefully paid off all student loans Credit Actions:
    1. Use credit card much more freely
    2. Open a Wells Fargo Platinum Savings Account for higher interest rates using a higher minimum balance
    3. Possibly buy home outright if income is high enough