The Five Key Steps to Financial Planning in Your 30′s

To ensure a solid and successful financial future, it’s crucial to begin forming certain habits and saving once you’re in your 30s to ensure you can retire at a good age and have extra savings for emergencies. It will not only reduce stress, but will prevent accumulating more debt in the long-run.

1. Create an Emergency Fund

A bankruptcy attorney in Columbus Ohio will tell you that it’s important to have an emergency fund established for unexpected emergencies. These struggles are a part of life and it is important to be prepared. Instead of resorting to credit cards that have high interest rates and will cost you more in the long run, save $1,000 for those times when the car breaks down or there’s an emergency dentist trip.

 

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