8 Financial Tips Before You Reach Your 30s
Celebrating the Financial Independence Month in Cebu.
At 20’s, I have so many plans and life goals that I wished when I was in my college years. I love to tour around, purchase useful gadgets, meet new people, and buy new clothes for my ultimate ootd goals. Until I realize that I should spend my earning in a proper way. That is why Sun Life Financial launched the celebration of Financial Independence Month at Ayala Center Cebu last June 24, 2018, together with the Cebu’s brightest personalities to share their experiences and passion on their respective fields and also their brighter ideas about financial freedom.
The event was hosted by Sun Life Trainer and Pop District Bazaar host Jeff Pe and Miss Cebu 2011 and TV Personality Mia Ali, and also special performances by Jacky Chang, Bethany, and Mandaue Nights.
My Personal Financial Struggles
It’s good to have personal goals which you can pay off yourself from long hours of work and tight deadlines. Sometimes we love to eat in fine dining restaurants, watch movies, and going out somewhere to have fun with friends in order to get a self-remedy and treats. Until you realize that you are overspending too much from it.
Way back to my first employment, I spent a lot of money for leisure such as food, branded clothing, and city amusements. It was hard for me to save more money because I can’t let go of the usual habit when I received my payroll every 15th and 30th day every month. Until now, I still practiced the habit, but I tried to lessen it by simply purchasing second-hand clothing and budget my allowance per day. I learned that financial struggles are part of our lessons in life which we need to limit ourselves from temptation.
As what I learned from the talk of Michael Karlo Lim about “Money Under 30”, it is important to save a lot of money to be financially secure. The best thing we can do is to start it now.
Yes! So here are the 8 Financial Tips Before Your Reached at 30.
1.) SAVE MORE MONEY
The simplest and easiest way to be financially secure is to save a lot of money. You can skip for being “Shopaholic” in a while and start investing your money for future plans. This is the best piece of advice for us that we need to learn about financial security because we do not know about our future. It is the best time to save in early age, especially for the 20s who started working.
2.) BUILD A SMALL BUSINESS
It is a risk to try a business because all of us are afraid to start a business from the bottom. The good news is our economy is rising and any business we can make is saleable because we can access the online market and we can create an effective way to market a product and services. It is good to start a small business because you can learn how to monitor your sales.
3.) ENJOY LIFE WITH POSSIBILITIES
Is it possible to enjoy life without thinking about finances? Yes, As long as you are fully secured and already invested your money from a trusted bank or financial plan agency because it is more fun when you plan ahead your goals in the future.
4.) MAINTAIN A HEALTHY SAVINGS
It is a catastrophe for having a zero balance in your bank account or you’re running out of money from your wallet. In able to get healthy savings, always prioritize and manage your expenses daily.
5.) DON’T SPEND TOO MUCH FOR LEISURE.
Travel around the world is dream come true for everyone. Not everyone can travel ahead because of financial stability. But you can explore the nearby town and cities, which you can learn new things and meet new people as well. If you wish to explore other countries, you must check your savings first.
6.) MANAGE YOUR TIME WISELY
Always manage your time, even if it is connected to financial or not. Time management can give you an effective step to becoming productive and conscious of certain things that you want to do. Freelancing is one of those interesting hobbies you can do during your free time and you can earn as well.
7.) GET A FINANCIAL ADVISOR
Financial Advisors can help you understand about financial planning for your future. It is the best time to talk to a financial advisor about your target goals and business plans. They have many options for you to be able to enjoy a life full of surprises and rewards after. At Sun Life Financial, you can get the best Financial Advisors that surely can provide you with better options. Contact them anytime for your assistance and inquiries.
8.) BELIEVE THAT YOU CAN MAKE
A brighter life comes when you believe in yourself. Always trust any possibilities like financial goals in the future. Don’t hesitate to grow your money in early because every plan can take time and it is effective to follow the right steps to make successful and effective financial goals in early time. Be wise and start investing your money at Sun Life financial. Grow with the trusted financial partner so you can achieve a brighter life.