5 things that will save your financial life if you’re in your 30s


“It’s no surprise that job stability can create some anxiety, said Marcy Keckler, vice president of financial advice strategy at Ameriprise.

Shore up your financial situation with an emergency fund. Keckler recommends having at least three to six months’ worth of living expenses saved up. It doesn’t need to be in cash, but use an account that would allow quick access to the funds.

“Most people aren’t as secure as they think,” said Rob Cirrotti, head of investments and managed account solutions for Pershing. “Make sure you continue thinking about ways to develop and grow.” Stay at the top of your game, career-wise, and consider taking a new course or two, or learning a new skill.

Budgeting also doesn’t get enough attention, Cirrotti said. Few people have an actual budget, which can do so many things: It helps you reduce debt and build a rainy-day fund so you can deal with unexpected events, and it’s a great way to get some discipline.



Source link

Products You May Like

Articles You May Like

Even ‘top earners’ still might not be prepared for retirement
Arabian Centres Company launches biggest Saudi IPO in 5 years
This industry shows an interest rate hike is unwarranted
Your first trade for Wednesday, April 17
citgroup earnings q1 2019 beat estimates, but revenue falls

Leave a Reply

Your email address will not be published. Required fields are marked *