7 Financial decisions to make in your 30s-for a better future.

Your thirties are the time to get serious about your financial future and take bigger steps toward building wealth. Here are the best financial decisions you can make in your 30s to enjoy a wealthier, debt-free life.

  1. Create a budget and strictly follow it: Budgeting will help you manage finances and to avoid unnecessary expenses. Aim for a 50/30/20 budget and allocate 50% of earnings towards necessities, 30% for wants, and 20% towards debt repayment and savings.

  1. Save before you spend: Create a separate account where you can keep your savings; make sure that you do not have easy access to this account. Save at least 10% of your paycheck.

  2. Secure a home:  If you are still renting out, start planning to invest in a house. When buying a home, spend less than 30% of your gross income - this should include the mortgage.

  3. Set aside an emergency fund: Life is uncertain, therefore it is important to have enough funds to sail through crises. Set aside 3 to 6 months’ expenses as an emergency fund in liquid funds. Consider Emergency fund as your expense, not your Investment.

  4. Make arrangements for extra income: Try to cultivate income diversity with side gigs, investments, and other endeavors. That way, your entire family’s financial future isn’t at risk if you’re fired from your job.

  5. Invest heavily, and wisely: planning serious investments is something that you must do at this age, be it stocks, shares, or mutual funds, gold, or real estate. 

Pro Tip: Make sure not to invest all your funds in one asset only.

  1. Open a Roth IRA: If you qualify, open a Roth IRA and make contributions. A Roth IRA can shelter some of your income from taxes while giving your retirement a boost.


Your thirties are the perfect time to make key financial management decisions. Take the time to really assess your finances and prepare for a better financial future.

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