Tips to Reach Financial Security by 30


Bangalore: In today’s fast-paced life, we have to achieve most of our goals by the time we’re 30 and not 40. Reaching stability in our finances is top priority on this list. So, here are 10 ways to reach financial security by the time you are 30, as given by Ken Hawkins of Investopoedia.Com -

1. Make a Financial Plan

As is the case with all ventures, you will also have to mandatorily make a plan to reach financial security. Many people find this step redundant but it is not so. Research shows that people with financial goals are more financially successful than the ones with none. People with set financial plans are far better in managing their finances. Making a financial plan helps you prioritize your financial needs. It might sound like a kid’s task but having the financial plan in written form actually fares better. You can even keep reminders on your phone regarding this. But do stick to the plan.