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Financial planning in the 20's is different from that in other periods of life. Risk, fun and experience are often more typical pursuits of '20 somethings', and responsibility, fiscal discipline and end of life savings are not always a high priority.

Investing, and debt management are two of the major part of financial planning in the 20's. What's more investing in the things one loves is a good way to invest in the 20's, after all what 20-29 year old doesn't like spending money, and some 20-29 year olds might simply dismiss the word 'retirement' as a meaningless concept that applies to old people only.

To spend 'right' in the 20's requires just a fraction of the amount of time spent studying for a test or time spent with friends or playing sports etc. By doing this and thinking about what to buy well, one is generally helping oneself prepare a better future. This article will illustrate a few ways to 'buy right' i.e. invest in things that are fun and fiscally prudent at the same time, in addition to providing investing and debt management tips.

INVESTMENTS FOR THE 20'S:

*Automobile: Automobiles can be more than just an exciting way to get around town, they can also be wise investments if chosen well. Certain vehicles such as the Subaru Outback, Honda Accord, Mini Cooper and Toyota Prius all retain their value well according to research from CNN Money. Vehicles that retain retail value over time can also be dependable, and long lasting in addition to bringing back a decent resale price. Also, such vehicles may be used to help finance other things such as tuition loans, and asset backed mortgages.

*Jewelry: Sparkling diamonds, gold earrings and other jewelry can be a good investment if the diamonds are chosen well and the gold is high quality. High carat gold and flawless rarer diamonds can hold their value in a similar way to automobiles and consequently a personal amenity in addition to an investment.

*Education: A well chosen education can lead to a promising career that earns many thousands a year. Even though the upfront cost of education can be expensive, it is still an investment and can pay off in the future. The more the education chosen is in demand, the greater the potential return on the investment.

*Time: Time is a commodity in the 20's just like any other decade of one's life. Investing one's time in the simple act of thinking about investing is an investment. Not only can this build an awareness of money but time spent in employment yields cash. Cash,

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