Financial goals to attain before you step into your 30s

Business photo created by rawpixel

When we are in our twenties, we officially become an adult. From completing our graduation to starting our first job, we experience so many things for the first time. We may move to another job and explore the professional opportunities or we may get an MBA or a Master’s degree. Even our personal life goes through a transformation as most people tend to marry in their late 20s. So, it is impossible to predict common milestones for your 20s as people follow different life paths. However, having some financial goals will prove beneficial for you irrespective of the career choices or personal decisions you make.

Financial targets to reach:

Having a financial plan right from the start of your job life is necessary if you want to be economically stable throughout your life. So, let us find out about the five goals you must set for yourself to fulfill before you bid adieu to your twenties:

  1. Clear your debts

Taking loans are always expensive as we have to pay high interest rates. So, in case you have completed graduation on student loan, make it a point to pay it off before you reach 30.

  1. Start saving for retirement

In your twenties you may wonder that you have all the time in the world to save for retirement. But, as you move forward, life will get complicated and responsibilities will increase. You will have a family and children and expenses will keep adding up. So, it will be a wise decision to put some money aside for retirement from the beginning of your career.

  1. Focus on career

Late 20s is an ideal time to build a solid career. So, give time to create a strong professional network and consider all the available options to be sure what’s best for you. If you are a single woman or man, say ‘yes’ to embracing exciting job opportunities, even if it involves relocating to a new city. When it comes to your job life, don’t settle unless you are convinced that you cannot find anything better than the one you have right now.

  1. Save for your home

You are most likely to purchase a house in your early 30s. Even if you buy your own flat on loan, you should be able to pay 20 percent of the total cost in the form of down payment.

  1. Practice good monetary habits

Practicing good spending habits is a must for people of all age groups. Some of the things that you should do are planning a monthly budget and keeping track of your expenses, saving some of your money for emergencies and old age, avoiding waste of money on shopping unnecessary items or eating out on a daily basis, and fixing mistakes like late payments.


Follow the abovementioned financial tips to step into 30s confidently. However, we would also like to remind you that your 20s are also the time to travel a lot, make new friends, and live life to the fullest. So, it is essential to maintain a balance between enjoying your life and securing your future.