Your 30s could be the most critical time in your life. Your 20s is the time to build a career and your wealth slowly. Life after 40 is the time when you could enjoy the fruits of your labor. But your 30s is the tipping point. This is when you can continue to improve your skills, expand your horizons, and create new goals that will make an impact in your future.
There are ways you can avoid crucial life-changing mistakes during these years, and you only need to follow the following pieces of advice.
Set up a Nest Egg
Setting a budget and following it is something people seldom do, even in their 30s. Set up a nest egg to prepare for an emergency or your savings. It’s best to keep it in a savings account or a time deposit account so you can’t spend it.
Buy a House
The biggest mistake young people do in their 30s is failing to buy a house. Buying any property assures you that no matter your financial situation, you will always have a roof over your head. There are affordable house and land packages in Donnybrook, Boyanup or Kirup in Western Australia, where young people in their 30s could start a career or a family.
Don’t Rely on Credit Cards
Another crucial mistake is to rely on credit cards. Credit cards can help you, but you need to make sure that you pay your bills on time so your credit score won’t be affected. Regulate your spending, keep track of your expenses and make sure to keep a good credit score.
When you reach your 30s, you should also invest in your health. Staying healthy and active ensures you won’t be suffering from serious injuries or illnesses even if you especially during our 30s.
You can indeed do most things with ease, but if you indulge in extreme sports or other activities that could affect your health, remember to do so in moderation. So, while it may feel like a good idea to party late at night or stay late at work, it’s best to go home and have a good night’s rest than suffer the consequences later on.
Aside from watching our diets, it’s also good to put great stock into exercise and recreation. While most of us can’t help our weekday schedules, we should try to take some time during the weekend to do some physical activities, like jogging or yoga. It’s the same with games and recreation. Our minds need a respite from our usual workload and responsibilities. Giving it a break will result in higher productivity later on.
Many of us have gotten used to fretting over the present and immediate future that we fail to take into account what happens years from now. Our 30s can be some of the most fun time of our lives, but it’s also when we have to be more responsible because what we do at that time will make our 40s a better time to be alive.