How do personal finance habits evolve with life stages, and what key principles should guide these transitions to maintain financial well-being?

ANSWER: Personal finance habits evolve with life stages, from budgeting for first jobs to saving for retirement. In early adulthood, focus on debt management and emergency funds. Mid-life involves balancing child expenses with retirement planning. Later years prioritize sustainable withdrawals and healthcare costs. Throughout, live below your means, invest wisely, continuously reassess goals, and maintain emergency savings to navigate life's financial transitions smoothly.