The Ultimate Guide to Investing In Your 30's
You made it! Welcome to your 30’s. Your 30’s are all about transition. You could be in a new job, a new career, you could have a new partner or marry an old one. You could move house, have kids, move cities, and on top of all of that, you’re supposed to have time to figure out your finances? Seriously? Well that’s what I’m here for! Amidst this time of intense transition, finances can serve as the stability you need in your life. So let’s dive into how to make that happen to make your 30’s the time where you seriously thrive and set yourself up for life.
1. Keep Building On Your 20’s Habits
For this exercise, I’m going to assume you read my piece on investing in your 20’s. If not, go read it! It’s pretty good. Anyway, if you did read it and live it, then you’re already rocking a 401(k) and maybe even a Roth IRA. The good news here is that you can keep on keeping on. Keep contributing to those accounts and let compounding interest do its thing. One note here: try to bump up your 401(k) contributions if possible. That little 1% bump will be basically unnoticeable in your paycheck, but will make a HUGE difference over the course of your now-30+ year investing journey to retirement.
The other account I touched on in my piece on investing in your 20’s is an HSA. Now that you’re in your 30’s, you’re…