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1 year
I will be a freshman in college.
Hopefully at an out of state school
Living on campus
Small job on campus
Very little assets Get a credit card and spend 30 percent of my limit and pay it off in full each month to build credit.
Begin paying off student loans if possible -
5 years
I will be just finishing up college and entering the workforce
Will hopefully be getting a job as an aerospace engineer somewhere in the south
Will have a large income
Car and house could be potential assets Continue with credit card
Get serious about paying them student loans
Making car and house payments is applicable. -
10 years
I'll have a job as an aerospace engineer on a salary doing what I love.
Car and house as assets
Potential family. Continue credit card.
Make house and car payments accurately and on time.
Pay off all student loans. -
20 years
I will be still working full time as an aerospace engineer
At this point I will be looking into moving back home or will have already moved back.
Hopefully I will have a lot of assets and a high salary.
Be married and have a family. Pay off my mortgage.
Pay off cars.
Don’t take on any unnecessary forms of credit.