Top 3 Life Goals to Have in Your 30s


If you are just about to turn thirty, you are entering the world of practicality, responsibilities, and adulthood.

That said, there are certain financial goals that you ought to have and achieve as these will ensure that you stay on the right track and have a better financial future than now.

Here are the crucial goals that you simply cannot ignore:


Establish an Emergency Fund

Having an emergency fund is actually important, especially when you hit your thirties. An emergency fund especially applies to people who are on a lower income spectrum – if they are living from paycheck to paycheck.

Having an emergency fund is one of the first steps you want to take to build a better and stronger financial future. If the pandemic has taught us one thing – it is about the importance of having solid savings, and by building an emergency fund, you will be doing this very same thing.

By setting up an emergency fund, you will be taking active steps towards financial freedom. Roughly stated, anywhere between $1000 and $10,000 is a good range to have for your emergency fund. However, you should know that there will be times when you will have to practice self–control and refrain from spending the money from the emergency fund on unnecessary things.

For instance, your emergency fund is not for going on a vacation and grocery items – the emergency fund is exactly what it stands for – an emergency, which can be car repairmen, or dealing with health and medical issues, even if you get involved in a car accident, the emergency fund will be there to help you get through tough times without taking up a loan and falling into debt.


Have a Diverse Income

If we look at statistics, we see that the unemployment rates have skyrocketed, which is why it has become more important than before to diversify one’s income. By having more than one income source, one can sort of protect themselves so slightly in bad financial situations.

For instance, the economy might be doing very well right now, but it might be hard to predict where we might stand a couple of years down the road. There are countless options when it comes to diversifying one’s income – for instance; you might create some sort of side hustle and start offering real estate services by providing rental properties.   

However, you can also transform your hobby into a side hustle – for instance, if you can play the guitar, you might want to find ways to make money from it. Besides, you must always have a contingency plan ready if you lose your job in the near future.


Get Insured

As you get older, you might want to think about getting fully insure. When you are in your 20s, you can get away with a lot more. Still, once you start embracing more financial and household responsibilities, you will want to start thinking about protecting yourself, your loved ones, and your assets through insurance.

We are also talking about health insurance, dental insurance, and life insurance.


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