In your 30s? Financial planning tips for you
Whether it’s your retirement, marriage or child’s birth, financial planning is necessary at every stage of life. The moment you begin earning, you need to inculcate the habit of financial planning to make the sure achievement of each and every life goal. Once you reach your 30s, your financial responsibilities raise and financial planning becomes a lot more crucial. But, pure savings won’t suffice, you’d need certainly to allocate your savings for particular life goals. Below are a few financial tips for those in their 30s, which may assist in setting their finances on track. 1. Plan and Invest for your child – The responsibility of a child generally comes in your 30s. From the beginning of your child to his/her higher education and marriage, every stage needs a good amount of corpus. With climbing expenses of higher education and living expenses, taking an education loan would seem imminent. However, this might burden your child from the beginning of his/her career an...