Are you ready for the big 3-0? Turning 30 is an important milestone, and where your 20s are relatively carefree, your 30s are when you start to become more serious about saving. Traditionally, most people get married, buy a home, and start a family in their 30s. This is also the time when your career usually takes off, giving you more stability and more income. It’s also the time to review your plans for the future and how to achieve them, including new money management strategies.
Strong financial habits don’t just happen. You have to practice them over time, like regular exercise or good eating habits. Unfortunately, our credit-driven society encourages us to spend more than we can afford, so many Americans are not saving because of debt. If you can develop good financial habits early, then you will see the benefits for the rest of your life.