Smart Finance Zone

Your 30s can be a pivotal decade for your finances. You may be well-established in your career, possibly have a family, and have a clearer idea of your long-term goals. However, it’s also a time when you may face major expenses like a mortgage, childcare costs, or paying off loans. Here are five smart financial moves you should make in your 30s to set yourself up for financial success. 1. Revisit your budget Your budget needs to evolve as your life changes. Take a look at your budget and adjust it accordingly. Are you spending more on housing, childcare, food, or transportation? Are you saving enough for your long-term goals? Make sure your budget reflects your current priorities and goals. 2. Increase your retirement savings By your 30s, you should be contributing a substantial amount towards your retirement savings. If you’re not, it’s time to step up. Aim to save at least 15% of your income towards retirement. Take advantage of provident funds, indexed funds, and some other investme...