According to a recent study, one in three Americans feel they don't have a clear and accurate view of their whole financial picture, and just one in five feel "very confident" they can achieve their financial goals. Below, Forbes Finance Council members offer their best advice for creating your first financial plan. Use The 20-30-50 PlanBetter than a budget, the 20-30-50 plan is a fun and flexible way to account for your spending. First, take your monthly after-tax earnings, and devote 20% toward bettering your financial future, like investing or paying off debt. Use Your Credit Card's Spending Report ToolsMost credit card companies offer a consolidated spending report.

Source: Forbes March 23, 2017 10:52 UTC