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5 Financial goals to have before you reach 30

Written by Jawaria

The financial goals is one of the favorite topics for the people who are above the age of 50, but when someone begins to discuss it at the meager age of 30 then he seems to be an insane. How can someone think about the financial security, saving the amount for the old age and things like that? It is quite difficult for the young people, who have a lot of dreams in their minds and the top priorities never let their mind think about the financial goals and their corresponding planning. The top points about whether someone should discuss about the financial goals or not are discussed below. Keep browsing through them.

1- Money Saving

The first thought that comes into the mind by the word “saving” is dependent on his income. People who are wise never spend earlier than saving the pre-decided amount. According to a great scholar saving is not the amount that is left after your expenses, it is the amount that you keep on a side before staring spending.

Monthly Saving

It is totally dependent on the people that how do they find it easier to stack their money but the wiser people suggest to repeat this process on monthly basis. If you start extracting pennies from your monthly expenditure then they will turn out to be some huge amount by the end of the year. So it is recommended that you should save your amount on monthly basis.

2- Be a better Planner

You have to develop a strategic plan for setting the financial goals of your life. In this way, you will be acting like a planner. A planner has command on planning the new strategies, dealing with affective policies and thus thinking in a different way to grow financially.

Developing the Strategic Mindset

The best way of dealing with the hitch and hikes of the finances in your life is to build up a mindset that could develop the strategies according to the problems being faced. What will be the strategy if you get stuck in a deadlock? How would you solve the matter? For such intriguing question a strategic mindset works perfectly.

3- Becoming Financially Independent

It is incumbent upon every person who lies within the age range of (20-30) to become financially independent as soon as he could. Right after completing the education, one can try to search out for job and seek an opportunity to work in an organization. It will be helpful to him/her for old age. The financial goals must include independency as the major aim.

Paying off Educational Loans

At this age when you have completed your education, but you still bear the burden of loans then it indicates that you have not planned for your future. If you have found a job and you are an independent earner then get rid of this load of tensions just caused because of the loans. Pay off them and enjoy saving for your future.

4- Avoid Impulse Spending

When you begin to earn an independent living then a couple of opportunities come on your way and you love to spend abruptly in a care-free form but no! Keep it in mind that if you spend like a spendthrift then life will give you a tough time. The ball is not in your court, it is up to you whether to choose a luxurious life at the young age and live a merciful life at an older age or to spend an average life now and enjoy a pleasant life after retirement.

Check on your wastage of Money

Some people have an addiction to spend on useless stuff daily. If one could analyzes the expenditure then it will be too easy to save your money. Let us consider an example

5- Spending Wisely

People who keep a check and balance on their expenses always stay on the safe side. They have better chances of enjoying their lives in the future as compared to those who live an extravagant life and keep on spending without any care. Such people waste their money in unimportant things and ultimately they are left with no amount for their future. They have to regret by the end of every year but bad habits cannot be eliminated easily so the regret continues till and unless the referred person takes a specific decision.

Pay your bills on time.

The wise and intelligent people plan to make a list of monthly expenses, water, electricity and other bills and similar other expenses. They try their best to pay their bills on time otherwise late submission charges get overloaded and become a source of wastage of money.  The bills should be submitted in time, the monthly expenses should be in control and the overall payments should be in check.

About the author


A media communications student at NUST. An aspiring journalist, filmmaker, entrepreneur and the list goes on.. Sky is the limit I believe. Dreams are what keep me moving on with life and motivate me to look upon the world with a newer perspective every other day.. and to live life to its fullest. Travel and photography are one of the many passions I possess.

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