9 major money mistakes thirty
Get Rich / / December 20, 2019
By age 30, many of us have a stable career. Most married or plans to join it in the near future. Some are beginning to travel more, buy apartments and cars. Give birth to a child, or even two. But all this does not give reason to be pleased with our attitude to money.
I think this rule works for all of our lives: we continue to make mistakes, but we also continue to learn from each of them and We try avoid new. So here's my list of potential monetary error for all, who for thirty. And I do not want on the threshold of his fortieth torment himself with the thought: "Oh, if I was told about this 10 years ago!".
1. We buy too many clothes for baby
Perhaps this error make all parents. You buy clothes for the children, not because they want to look good, but because you want them to look like that. It is hard to imagine how much money is spent on these nice little dresses, shoes, instantly breaking machines, "developing" mobile applications. It is better to put the money in his future education.
2. We are entering into marriage without discussing finances
Of course, money - it is quite unromantic subject, but by 30 years it is time to learn how to discuss difficult issues. It is extremely important to have a mutual understanding with your partner, when it comes to money. Otherwise, the money will be the main source of conflict in your marriage and a potential cause of divorce. So talk about money with a person with whom you are planning to build a future together and develop your financial goals.
3. We hang on debts and loans
Okay, do not take into account mortgage. But such excuses we hear often:
If I lived alone, I would have closed the loan.
I would pay off all debts, but we have a child.
There's always something going to happen, both good and bad. But if because of this, we ignore our debts, they will become a barrier to opportunities that can make our lives much better. Get rid of credit! Stick to the budget hard, earn as much as you can and pay off. By the way, the idle life of a man of 20, 30 and 40 years old is very different.
4. We try to live "no worse than others"
TV more, the machine is more powerful, more expensive phone. In principle, all ages are susceptible to the idea of having things "like people", and thirty-year - no less. Probably, the fact that society is particularly strong start to demand from us confirmation "held a man" status. In any case, do not forget to tailor their own expenses with income, do not succumb to the temptations of false expensive lifestyle and stick to your financial course.
5. ignore the will
If you are in a relationship of loose, you have a child, then take care of the legal side of the issue. It's unpleasant to think about of deathWhen you're only 30 years old, but you definitely do not want your loved ones defend their rights in court, where you will no longer be there.
If very briefly, there are three types of events that should trigger an audit of your finances: marriage, birth and death.
6. Do not insure your life
Again, no one likes to think about death, but if your life is someone who is financially totally dependent on you, then you should insure your life. It does not hurt to think about health insurance, which will cover more than MHI policy.
7. We do not think about retirement
Before pensions for a long time, for thirty years, and the situation in the country, it seems, does not allow to build long-term plans. Of course, the pension savings is too early to put at the forefront, but it is time to sit down and calculate how much money you need, when you stop work in order to maintain your current standard of living.
8. We do not share revenue
Many of us - loyal employees hired, the employer appreciates and cares for us. Our parents worked all my life in one job now receive a pension, but this option is not available for our generation. It is necessary to look for ways to maximize the diversification of our revenue. Try to earn on something other than work: there is a hobby that can bring money - let them bring. In the end, the loss of a job is not an uncommon phenomenon, but you no one will take care about your future.
9. Do not invest in your health
Your body is not getting better with the years, and more and less weaknesses he will forgive you. Regular exercise, good physical fitness, proper nutrition - all of this will eventually cost you cheaper than medication and treatment that you will need after forty.
Something of this I can see in your own life, something to watch in the life of friends.
The good news is that we are not the same naive children as they were twenty, and we can wake up, take control and start managing finances really well.
(based on the)