It’s time to take your money management to the next level

Millennials may still feel quite young (despite those pesky gray hairs and less-than-fine lines), but in so many ways, we have adulted. So it’s time for our money management to grow up a bit, too.

Your financial to-do list is small but mighty in your 20s. Setting up automatic transfers to a high-yield savings account, contributing enough to your 401(k) to get the full employer match and paying down high-interest debt can take you quite far.

Now, you can do more to propel yourself to financial success in your 40s and beyond.

Make use of a higher credit score

You don’t have to treat a high credit score like a precious work of art. Good credit can qualify you for better borrowing terms, so put that to work.

Try to cut back on the cost of borrowing. “In terms of bang for your buck, refinancing is an important thing you should be doing,” says Priya Malani, founder and CEO of Stash Wealth, a financial advisory firm in Charlotte, North Carolina. “If you can move even a quarter of a percent on a really large mortgage, that’s going to save you tens of thousands of dollars.”

Get a better deal on high-interest credit card debt. If your financial situation has improved, you may qualify for a balance transfer credit card offering a year or more at 0% interest.

If you don’t have credit card debt, but you’re still using that barebones card you got at 21, switch to a card that earns cash back or travel rewards. However, leave that old credit card open and use it once in a while to keep it active. (The average age of your accounts is a factor in your credit score s, and the older, the better.)

Match investments to a variety of goals

Here are two ways you can up the ante on your investing. First, if your employer offers a retirement plan with a match, and you’ve been contributing just enough to get that match, consider contributing more. A rule of thumb is to save 10% to 15% of your pretax income toward retirement.

Next, plot out your intermediate-term goals for the next five to 15 years. You can invest for these goals using other kinds of accounts, such as taxable brokerage accounts and 529s, to help fund early retirement, save for your child’s education or plan for another large expense.