Turning 30 is a significant milestone for most people. It marks the end of what could be considered the wild-and-crazy twenties for a lot of us and a time when different priorities begin to emerge, like settling down and starting a family. Those goals go hand-in-hand with a number of important financial goals that will lay the groundwork for a comfortable future. Here are 8 financial goals you should seriously consider when you turn 30. Taking these goals seriously is something you will surely thank yourself for later in life.
1. Reward Yourself
While it’s easy to apply for the latest credit card offer that shows up in your mailbox, it’s much smarter to sign up only for the ones that aren’t ripping you off. Ditch high-interest cards and use the ones with the lowest interest rates and fees. It may also be worthwhile to look for the ones that offer rewards when you use them. Also be aware that financial institutions love to invent things to charge you and banks are notorious for slapping all kinds of fees on checking accounts just to increase their profits. You may want to consider moving your accounts to a credit union, which usually have much lower fees, or in many cases, no fees at all.