EPF Unit 3 Project Timeline by Elizabeth Swafford https://padlet.com/edswafford/yhryizvxkp2bi91 en-us 2024-10-24 13:38:16 UTC 2024-10-24 13:48:00 UTC hello@padlet.com Interval 1: 18 years edswafford https://padlet.com/edswafford/yhryizvxkp2bi91/wish/3185821950 What I'm doing:

  • Graduating High School

  • Starting College

  • Working a job

Actions to take:

  • Apply for secured credit card, starting building credit history

  • Make small purchases and pay off the card in full each month

  • Start a high-yield savings account to save for future goals

]]> 2024-10-24 13:38:59 UTC https://padlet.com/edswafford/yhryizvxkp2bi91/wish/3185821950 Interval 2: 22 years edswafford https://padlet.com/edswafford/yhryizvxkp2bi91/wish/3185822331 What I'm doing:

  • Graduating College

  • Starting career

  • Considering significant purchases such as apartment

Actions to take:

  • Transition to regular credit card with no annual fee

  • Keep credit utilization below 30% and pay bills on time

  • Start a savings account dedicated to future living expenses or travel

]]> 2024-10-24 13:39:11 UTC https://padlet.com/edswafford/yhryizvxkp2bi91/wish/3185822331 Interval 3: 27 years edswafford https://padlet.com/edswafford/yhryizvxkp2bi91/wish/3185822755 What I'm doing:

  • Advancing in career

  • Starting a family

  • Possibly buying first house

Actions to take:

  • Maintain strong credit score

  • Review and monitor credit reports

  • Open seperate savings account to save for down payment on house

]]> 2024-10-24 13:39:24 UTC https://padlet.com/edswafford/yhryizvxkp2bi91/wish/3185822755 Interval 4: 37 years edswafford https://padlet.com/edswafford/yhryizvxkp2bi91/wish/3185823290 What I'm doing:

  • Settle in career

  • Have children and house

  • Planning for retirement and children's future

Actions to take:

  • Keep debt-to-income ratio low

  • Manage expenses

  • Review financial goals and adjust savings account

]]> 2024-10-24 13:39:41 UTC https://padlet.com/edswafford/yhryizvxkp2bi91/wish/3185823290