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When you are in your twenties, the world seems to be your oyster, though so many things get in the way of financial planning. Young people are keen to take their place in the world and to make their mark, and many of this age are still on a voyage of discovery as to who they are, let alone what the future may hold for them, although there are many savvy tricks to being able to make a success out of life without thinking too hard. Once you know the outline of what financial planning is all about and how to make your finances work for you, it really does make life from twenties onwards a breeze compared with those days of indecision in the teens that are now left behind you.

Looking at areas of your life where you can plan forward, it is important to address what is happening now. It' s true that learning financial management at a young age puts you in control and can help get you the success that you seek. The first move in any financial planning for a youngster in their twenties includes understanding the following and using them to their advantage.

*Balancing check books against statements
*Saving for the future
*Making the most of credit cards
*Getting some form of capital to help secure the future.

BALANCING CHECK BOOKS AGAINST STATEMENTS.

This may sound boring and dull but if you cannot understand the simple mathematics of how much you spent and how much you have left in the bank, the chances are that you won't succeed in life because your finances are beyond your control. By learning to tick off all the checks that appear on bank statements, and adding those that don't appear, adding on any other outgoings that do not appear on statements such as recent ATM withdrawals that haven't yet been processed by your bank, you can establish the real figure of what's left in the kitty.

Learning to balance your bank account puts you in control. You know how much you have and are unlikely to overdraw. Here, if there is a danger that you will overdraw, make arrangements in advance with your bank for an overdraft facility because what you are doing is securing the possibility of drawing out too much money at a lower interest rate and with the bank's approval. What this does as opposed to just bouncing checks is to establish a good financial reputation that will take you through your future securely.

SAVING FOR THE FUTURE

You have a lifetime ahead of you but did you know that if you take out pensions and life insurance in your twenties, the premiums cost very little. Leaving this

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