Like lots of 30 somethings – you may be worried about your health insurance, mortgage or rent fees, and the steady increase of the cost of living. For some people, they would be anxious about their family’s well-being, like the added expenses on education, medical bills, and even food budget. These are all normal concerns but it’s also pretty normal to start addressing these concerns in the 30’s and start hitting some money milestones. Consider how quick loans might help in managing these unexpected expenses.
3 Top Tips for Finance in your 30’s
1. Create spending priorities
By now, you should have a good solid understanding of the lifestyle you lead and what this entails. You may have tried some budgets. You may have bought things you simply didn’t need. The days of trial and error should be behind you now. It’s time to knuckle down and get saving. Take time to think about what you want to accomplish with your money, whether it’s saving for a home or paying off debt faster with a small personal loan. Following this, create a list of spending priorities that work for you. You should then work hard to spend according to those priorities. Your spending will be more in line with your values and lifestyle and you’ll begin to feel more financially aware.
2. Be money mindful
Sounds easy, right? But what does being mindful with money actually mean? Well it doesn’t have to mean an excel sheet the length of your arm. It can simply be as straightforward as having a 10 second rule when you purchase something – do I need this? do I want this? You were less likely to do this in your 20’s because you may have been traveling or living a bit more freely – now it’s time to start to manage your money by being mindful. For example, using instant loans only when absolutely necessary can be part of a mindful money management strategy.
3. Budget is key
We talk about budgeting all the time here at Nimble but the truth is there is no better way to secure financial fitness than by budgeting. Take the time to do it and do it well. 40 year old you will thank you for it – we promise.
Take control of your finances and make sure that you have savings strategies for every aspect of your financial life, and you’ll be rewarded with a healthy bank balance and an absence of financial stress.
Disclaimer: Please note this content is provided as general information only and does not take into account your objectives, financial situations or needs. For advice tailored to your financial situation, it is advised that you seek guidance from an accountant or financial advisor. The above post refers to application software (“App, Apps”) that is not affiliated or associated with Nimble. We do not have any control or responsibility over the content of the Apps. Use of the Apps may be subject to further terms and conditions imposed by the App provider, the owner of the mobile operating system and/or other related parties. The above links belong to a variety of websites and not Nimble, so clicking on, and using them, will take you away from Nimble’s website meaning we’ve got no control or responsibility over the content. Nimble does not endorse and is not affiliated or associated in any way whatsoever to the businesses named in this blog post. The information contained in this article is correct at the date of publication.
