9 Financial Decisions to Make Before Turning 30
Get Some Good Insurance:
We have all, at some point of time, seen those LIC advertisements. It portrays the role LIC plays in helping with children’s marriage or education when the earning member of the family has passed away unexpectedly. While we all wish it does not happen to us, life is highly unpredictable. Make sure that you get a life insurance, or a term insurance is most recommended. The earlier you get a life insurance, the lower the premiums and complications.
Buy A Home:
Buying a home is more of an emotional purchase rather than a logical one for most people—especially if they are taking a home loan. Understand the pros and cons of owning a home/living in a rented accommodation and make a decision. Your home buying/renting decision will have a huge impact on your future financial planning since it’s probably the biggest single ever investment you’d make in your lifetime.
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