3 Ways You Can Make the Best Money Moves in Your 30s

Being in your 30s means you’ve lived more than 1/3 of your life and you’re either thinking about everything that’s left for you to do or you’re freaking out about how you are going to financial make it through to the future, especially with the rising cost of literally everything these days.

You can give all your money to some internet expert who claims they can teach you how to build a business, you can join and MLM and be a boss. babe, or you can take small actions that can add up to being major savings. Without making too many shifts to your current lifestyle, you can absolutely start to save for your future in your 30s.

As someone who’s definitely not a financial advisor (seriously, don’t come to me for advice), I’ve picked up a few nuggets of wisdom along the way about how to make the best money moves in your 30s.

Dump Money into Your Retirement Funds

If you can raise your contribution rates into your 401k, do it. People say your 20s are the best time to get the most out of your investments, but you can still take advantage of compounding interest in your 30s. Even it you just start investing in a retirement fund in your 30s, you’ll get be able to make the most of the investments and hopefully massive return rates (the market has a mind of it’s one, so you never know. I’m also not a financial advisor so you should meet with one if you have questions. Don’t ask me!). You can also start small in contributions and slowly increase the rate you invest, there is nothing wrong with starting with just a few dollars.

Cut Back Spending on Things You Don’t Need

You may want to do all the things in your 30s – you’ve been working hard for years and want to buy that designer bag or want to book the vacation you’ve dreamed of. If you want to go for it – but if you save that money and put it towards saving for a house, put the money in a High Yield Savings Account, or invest the funds, you may be setting yourself up for financial success instead of temporary enjoyment. It’s tough because once you’re in your 30s you want to live your best life, but you still have so much life left to live. You’re in your 30’s after all, you’ll be able to make the decision between frivolous spending and smart spending. You don’t need to spend $500 at Zara, you will likely never wear half the clothes. Maybe that’s me talking to me out loud, but also maybe you needed to hear that too.

Set Savings Goals and Stick to Them

It really is incredible how quick money can build up in an account if you stay consistent to a plan and follow through on your budget. Even if it is just a few dollars a week, small deposits can add up to a decent chunk of change if you save consistently. If you can manage to put a couple hundred dollars a week aside, you’ll have a down payment for a car or house saved up quicker than you think! When you’re in your 30’s and trying to make the best money moves you can, it’s important to set goals and do what you can to reach them. Maybe it means not going out to eat as much as you used to, or maybe it means not buying that new jacket you’ve had your eye on – whatever it is making smarter money decisions in your 30s in something that you have complete control over!