7. Build A Financial Plan
One of the most important steps you can take to set yourself up for financial success is to build a comprehensive financial plan (via Savology). A financial plan is more than a budget that considers your income and expenses. It also accounts for things like how much insurance you have, including life insurance and your major goals. Do you want to buy a house? If so, how much of a place do you think you will be able to afford, and when will you be able to make a down payment given your current financial habits? A financial plan will address these concerns (via Savology).