Skip Nav
20 Amazing European Experiences to Have While You're in Your 20s
12 All-Inclusive Hotels That Will Totally Wow You
Self Help
11 Ways to Make January More Fun
Holiday Living
25 Hacks to Get You Through the Festive Season in 1 Piece
Self Help
9 Simple Ways to Make Positive Changes in the New Year

Personal Finance Goals

11 Personal Finance Moves You Should Make by Age 30

Turning 30 is a big milestone in your life. You're making your goodbyes to young adulthood and slowly coming into your own. With age comes great responsibilities, and at the top of your list should be taking charge of your money. Our finances play a huge role in our lives — money is always one of the top stressors, and it causes the biggest discord among couples. To help you get on track, here's what you ideally should have achieved by age 30.

  1. You should already have an emergency fund. Experts generally recommend six months' worth of living expenses, but some say a year's worth is a better buffer to account for things like medical emergencies or unemployment.
  2. You should be anticipating, preparing, and saving up for big expenditures. For example, you should factor in your wedding, a house, children, a pet, and other similar major expenses. By planning for these events, you'll be adjusting your lifestyle to afford your future expenses and avoid going into debt for these items. You may want to budget a realistic amount so you don't have to go into debt. Another thought is to forgo some of these expenses — really question if it's a necessity.
  3. You should have mastered the art of automating. Sending a chunk of your cash automatically to your savings every month means you're paying yourself first.
  4. You should know how to live within your means but enjoy life at the same time. You should be able to prioritise what's worth spending on and save in other areas so you can enjoy your guilty pleasures. Even if it's daily lattes, you should indulge yourself as long as you're aggressively cutting costs on other items. Remember, what other people skimp on may not be what you would want to give up.
  5. You should be maxing out (or, at the very least, meeting your employer's match for) your pension.
  6. You should be investing in an ISA. .
  7. You should have prepared a will.
  8. You should be paying off and prioritising your high-interest debt.
  9. During your 20s, you should be trying to raise your credit score.
  10. You should already have some practice with negotiation — with salary, with service providers, and more.
  11. You should already have read a couple of personal finance books. To start with, check out Your Money or Your Life (£13) and Total Money Makeover (£17).

    Image Source: POPSUGAR Photography / THEM TOO
    From Our Partners
    Apps That Help Save Money
    How to Be a Responsible Adult
    Free Healthy Things to Do in the Summer
    Cheap Places to Travel in the Summer
    Cheap Things to Do With Friends in Summer
    How to Save Money Every Day
    Free Things to Do Outside the House
    Truly Easy Ways to Save Money
    How Much Is the Princess Diana Beanie Baby Worth?
    Why It's OK to Spend Money When Travelling
    Uses For Old Coffee Grounds
    How to Attract More Money
    Latest Smart Living
    All the Latest From Ryan Reynolds