Lessons learned after striving to save money at the age of 30.

[JoyMarsha]

There are people whose finances are okay for them before the age of 30, and still, there are people who at the age of 30 haven't saved up anything for themselves. They can't boost anything except the life they live.

Life doesn't make us to be successful at any age. It's how we prepare ourselves for life's journey, it's the result we get to see. People live life at a young age, before old age, they end up being poor. Some make it in life after the age of 30, and they stay rich till old age.

Our success in life can come at any time. How we manage our successful life should be the major concern because not everyone has been able to save money from their young age till their old age

[Distinctin]

For the past decade, saving money would get you nowhere. It might change now as long as interest rates stay where they are at but if you started savings by putting little by little of your extra funds In a savings account, most of that money would of evaporated due to inflation.

This is why most wealthy people aren’t affected by inflation because they own assets like stocks, real estate, gold, bitcoin, etc.

This goes to say that saving will not get us wealthy but investing is. Although we don't really aim to be financially wealthy but at least we can secure and enjoy our future retirement and we can leave some inheritance into our offspring. That's exactly the reason why we don't just need to focus on enjoying the present life, but we should also learn to navigate our future as well by saving and investing from time to time when opportunities are available.

[Stablexcoin]

As long as we live it is necessary to save gradually even if not much. It is allocating some percentage of what we earn in a month into savings and investment after taking care of the important things required in the month. At a t young age, it is not ideal to save when we do not have a running business, investment, or something that fetches us more money outside of the money we work and earn in a month.

The meaning of life should be enjoyed means to do the things we love doing as a human. It does not involve lavishing our money on unnecessary things. If we develop the habit of putting our money into things that return profit then we can be able to manage our funds so well

Saving at a young age, of course, this will be very difficult to do if we cannot manage the income we have well, but for some people who are able to save at a young age, of course they will be able to enjoy their old age without having financial problems and also not have to work until they are no longer fit to work.
Using the income we have on things we don't need will of course make us have financial difficulties and I agree with you to get used to using the income we have on things we really need to spend money on, such as investing and that. Of course it will provide additional income for us.

Perhaps because of the lifestyle we would want to live at a very young age by lifestyle I mean luxurious one that we would want to spend the money necessary by going to clubs and partying. Because of that lifestyle we may not be able to save any money in the end. This is why in as much we are willing and ready to save we should have the mindset of being committed to the savings habit. This is because saving can only be successful if we develop the habit to maintain consistency. There other habits we need to avoid so that we may achieve our goals and plans.

[Peanutswar]

The most important lesson learned after striving to save money at age 30 is understanding balance and not shortchanging oneself! Loving oneself allows for better care of those who matter most.

This post might probably mean that saving is good but not to the extent of letting yourself suffer by not attending to your needs or even special wants because you want to prioritize your financial goals over your own self-care. Although saving and investing could mean a lot as it leads you to a brighter future, but what could be its essence if along the process your own self has been sacrificing a lot, because you focus more on your finances to build a bright and secured future than to prioritize first yourself and all your necessities. Saving is a necessity as well but not to the extent of compromising your self-worth and self-care.

Based on my experience there are two kinds of people in this situation, people tend to make more savings and even they suffer for themselves as long as they want to secure their future, they lose a lot of time and memories during those times, the other hand are the people keep enjoying while saving they treasure every time their age added one per year. Personally I'm into the second part that I keep saving adding with the use of investment because not all the years of your life you would like to work you want to enjoy more the life and to do it one factor is you must need to become a financial free to don't think every time you go somewhere just to have money.

[FanEagle]

For the past decade, saving money would get you nowhere. It might change now as long as interest rates stay where they are at but if you started savings by putting little by little of your extra funds In a savings account, most of that money would of evaporated due to inflation.

This is why most wealthy people aren’t affected by inflation because they own assets like stocks, real estate, gold, bitcoin, etc.

It might change now? I think that's too late. If there is a change, it already happened long time ago. If there is a change, then that will only make the situation worse for us people because the rates will only get higher.

Even though our money will get devalued over time, there will still be something that will left with us, so we can say that saving is still better than not saving anything at all. Also when we save, we can try to use the money in a not-so-long-time, so that inflation won't eat most of it and we won't heavily regret it. We can't also predict life and maybe something really bad can happen to us later on and we may not enjoy our money anymore.

[bitgolden]

Saving at a young age, of course, this will be very difficult to do if we cannot manage the income we have well, but for some people who are able to save at a young age, of course they will be able to enjoy their old age without having financial problems and also not have to work until they are no longer fit to work.
Using the income we have on things we don't need will of course make us have financial difficulties and I agree with you to get used to using the income we have on things we really need to spend money on, such as investing and that. Of course it will provide additional income for us.

Yeah, it only boils down to income management but I think young people have the edge compared to older people because they can still be single and have less obligations in life. In terms of enjoyment, I think it is still possible to enjoy even having less money on our pockets. The only key is; to not have a debt and be contented on living a basic life or on what you currently have.

People spend money on something that they use even though they might only use it for a short period of time. Investing is I think only optional and even though it can provide us an income later on, there are still more important things on it that we need in the present time in order for us to continue living.

[Juse14]

There are people whose finances are okay for them before the age of 30, and still, there are people who at the age of 30 haven't saved up anything for themselves. They can't boost anything except the life they live.

Life doesn't make us to be successful at any age. It's how we prepare ourselves for life's journey, it's the result we get to see. People live life at a young age, before old age, they end up being poor. Some make it in life after the age of 30, and they stay rich till old age.

Our success in life can come at any time. How we manage our successful life should be the major concern because not everyone has been able to save money from their young age till their old age

Achieving financial success is not an age-specific milestone. There are those who achieve financial stability before they turn 30, and then there are those who may not have saved a penny at a later age. It serves to highlight that success is not handed to us at a particular age; it depends on how we navigate and steer our life course. Life does not come with pre-set achievements at certain milestones, but rather reveals itself based on our readiness to adapt and make use of the resources available at different junctions in its course.

There are individuals who sail through their early years without much saved, only to be met with financial woes in their later days. Conversely, there are also those who attain wealth after the age of thirty and steer themselves successfully through it until old age.

What matters most is the art of steering ourselves towards a prosperous life. Financial prudence and planning from youth to old age stand out as cardinal virtues. Nevertheless, for those who may not have excelled in financial savings at a tender age, all is not lost; there always lies a chance in the future to rectify and better manage their financial affairs. Success is not bound by any specific time frame; it can dawn at any point in our lives. What truly holds significance is our readiness for its arrival and the correct strides we take towards its realization. Life's success, they say, has no time limit but rather arrives when every string of readiness has been strummed with precision, let us march forth unflinchingly towards that auspicious moment.

[EluguHcman]

To balance such equation, you just need to understand that you are responsible for your future knowing that it does not end so soon so, you have to strive on designing a better place of where it could rest and profers you embracements such as productive and also then at your ability to understand that you are also surrounded with relatives to be your own self responsibilities to also take care of.

Then, you can always been inspired to savings and spending economic wisely with the proportion of long term goals.

[Richbased]

Although your post is not explicit enough but what I understand about understanding balance and not shortchanging oneself is you don't need to try to save money while you have urgent need for money. Like you can't have money in bank or your vault then you have health issues that requires attention or that of a close family member. It is worthless that you are starving and you have money saved somewhere that you vow not to touch, that does not make sense. So you need to make a balance of yourself and your savings.

Sure there are times in our lives when we or our loved ones fall into some critical situation that requires money and we've got some money we want to accumulate to start up a business or a project but rather allow ourselves or our loved ones to continue in that state without any help then we tend to use up the savings to attend to that situation but it doesn't mean that we should empty everything in our Treasury just to attend to a critical condition because there are times when the amount we have cannot be able to take care of such situation so what do we do, borrow money right? this is the more reason why when we are making savings we should also scrap out some money for any emergency needs that would occur during our time of savings because even when we use our savings to control a difficult challenge then what now happens to us after then, go broke right?

Another way to make balance is to reinvest your money and not to keep it in bank while the bank is investing with it 

The reason why some persons save or keep their money in the bank isn't for fantasy but to accumulate it to a certain amount and start up and investment but there are also investments that can be invested on from time to time so those kind of investment doesn't require accumulating so much before starting just like using the DCA to invest in Bitcoin, at least that money you would have been putting in your savings account when your income flows can be used to be investing on Bitcoin gradually such that before you realize you've got a whole lots of stash however, whether you choose between saving or making investments, there is need for a reserved amount to take care of whatever that will rise up during your time of savings or investments.

[Gaza13]

Saving at a young age, of course, this will be very difficult to do if we cannot manage the income we have well, but for some people who are able to save at a young age, of course they will be able to enjoy their old age without having financial problems and also not have to work until they are no longer fit to work.
Using the income we have on things we don't need will of course make us have financial difficulties and I agree with you to get used to using the income we have on things we really need to spend money on, such as investing and that. Of course it will provide additional income for us.

Yes, delaying not buying things that are not useful for them is much better. But if they only save, I don't think this is enough to enjoy old age if they can't use their savings as a basis for their source of income. Usually, those who are still young are still afraid of failure in trying to create a source of income for themselves, let alone entering the world of investment. It's better for us to try it than not at all for our own good. Every failure you experience will give you valuable experience and improve it in the future. Achieving financial freedom requires time that is not instantaneous, full of failures that we experience while trying.

[uswa56]

-snip-

Yes, delaying not buying things that are not useful for them is much better. But if they only save, I don't think this is enough to enjoy old age if they can't use their savings as a basis for their source of income. Usually, those who are still young are still afraid of failure in trying to create a source of income for themselves, let alone entering the world of investment. It's better for us to try it than not at all for our own good. Every failure you experience will give you valuable experience and improve it in the future. Achieving financial freedom requires time that is not instantaneous, full of failures that we experience while trying.

You are right, just having savings alone is certainly not enough to be able to enjoy retirement in peace, as you said of course they have to use the savings they have as a source of income that they will be able to enjoy when they are of retirement age.

It is true that some people who are still young still don't have the courage to decide to enter investment for various reasons that they have, but I think those who already have a strong soul and mentality will certainly try something that they really like and can give them income and If they fail then it is a very good thing for them to learn from.

Of course, a process is needed to achieve financial freedom and everyone must of course be patient in going through each process and it is not easy to give up with just a few failures, because if they stop trying with just a few failures they will certainly not be able to achieve financial freedom as you said.

[bangjoe]

Saving at a young age, of course, this will be very difficult to do if we cannot manage the income we have well, but for some people who are able to save at a young age, of course they will be able to enjoy their old age without having financial problems and also not have to work until they are no longer fit to work.
Using the income we have on things we don't need will of course make us have financial difficulties and I agree with you to get used to using the income we have on things we really need to spend money on, such as investing and that. Of course it will provide additional income for us.

Yes, delaying not buying things that are not useful for them is much better. But if they only save, I don't think this is enough to enjoy old age if they can't use their savings as a basis for their source of income. Usually, those who are still young are still afraid of failure in trying to create a source of income for themselves, let alone entering the world of investment. It's better for us to try it than not at all for our own good. Every failure you experience will give you valuable experience and improve it in the future. Achieving financial freedom requires time that is not instantaneous, full of failures that we experience while trying.

Why not do both, saving and investing, even though the money earned is still small but if we are good at managing money I think with such money it is enough to get a very good experience, where we don't need to focus on the nominal, but rather focus on discipline in investing and saving.

Honestly, instilling the discipline of saving and investing is quite difficult, and it takes a long time to cultivate such habits in us when we are young, where more young people spend their money on fun at their age, and end up very sad when they are married, I often see such incidents in my work environment.

[darkangel11]

Keep saving guys because you have to do something with your money these days or you'll end up being poor and sad.
Just remember that there are things more important than money like health and family. You need to live somewhere, can't eat junk food all the time or you'll get sick and pay much more than you saved up in medical bills. Save up by being smart. Stop smoking and drinking alcohol, don't buy food you won't be able to eat so it doesn't go to waste, don't buy stuff you don't need just because you want to show off and don't hold too much fiat money.

[Rao420]

The most important lesson learned after striving to save money at age 30 is understanding balance and not shortchanging oneself! Loving oneself allows for better care of those who matter most.

Rightly so, health is the greatest blessing the real wealth of our life.  When we take care of our health, we feel happy and ready.  It strengthens both our body and mind.  To protect health it is important that we take appropriate measures in our food and drink and in our daily life.  Without health, there is no enjoyment of life comfort and success in anything else.  So, in the process of saving money avoid harming your health and take care of yourself at all times.

[Huppercase]

The most important lesson learned after striving to save money at age 30 is understanding balance and not shortchanging oneself! Loving oneself allows for better care of those who matter most.

You mean one should not put himself in a tight position because they want to save money right? A times, the situation we found ours, we don't have choice but to inconvenient ourselves because if you don't do it, no one will do it for you and also the amount you earn determines if you are going to be putting yourself first before anyone or not. If you are earn much, you will definitely want to sacrifice more money for people you love as you have the means to do it.

Again, saving or investing doesn't have anything to do with age, there are people that are below that age bracket and are doing fine, you don't have to be above that age range before you start savings. There are people who are even 25 years of age and are having family already and they have responsibility and this makes them do a lot of sacrifices. There is no way you wouldn't be convinient in this situation because you will always comes last especially when you earn less.

[lixer]

The most important lesson learned after striving to save money at age 30 is understanding balance and not shortchanging oneself! Loving oneself allows for better care of those who matter most.

In the age we live in, 30 years is a long time to mature well and understand all the needs and importance of everything. There is no doubt that a person who loves himself can love others. It is very important to take care of ourselves. Saving is very important and there is nothing wrong with it if you are saving wisely. It is one thing to meet your basic needs and it is another thing to be wasteful and spend all the money to meet your basic needs.

If you are doing that, it will not mean that you are not able to save up, but there is a condition that you do not have enough money to save up.

That's why I call those people wise who start saving at a young age, those people live a successful and happy life later, and those who are wasteful and can't save will survive in the future.

[Mr.sprin]

In the age we live in, 30 years is a long time to mature well and understand all the needs and importance of everything. There is no doubt that a person who loves himself can love others. It is very important to take care of ourselves. Saving is very important and there is nothing wrong with it if you are saving wisely. It is one thing to meet your basic needs and it is another thing to be wasteful and spend all the money to meet your basic needs.

If you are doing that, it will not mean that you are not able to save up, but there is a condition that you do not have enough money to save up.

That's why I call those people wise who start saving at a young age, those people live a successful and happy life later, and those who are wasteful and can't save will survive in the future.

Save from now so that we can enjoy it in the future, saving is not stingy for yourself, but setting aside a little wealth for urgent days, where one day we will definitely need money with a high nominal amount in a short time, with savings we can solve the problem itself , in terms of saving there is no age limit and minimum as long as we intend to save whenever and wherever we can do it, and the most important thing when we save is not to sacrifice our health, health is the most important thing in everyday life so don't waste it. waste our body health,

[Marvell1]

The most important lesson learned after striving to save money at age 30 is understanding balance and not shortchanging oneself! Loving oneself allows for better care of those who matter most.

In the age we live in, 30 years is a long time to mature well and understand all the needs and importance of everything. There is no doubt that a person who loves himself can love others. It is very important to take care of ourselves. Saving is very important and there is nothing wrong with it if you are saving wisely. It is one thing to meet your basic needs and it is another thing to be wasteful and spend all the money to meet your basic needs.

If you are doing that, it will not mean that you are not able to save up, but there is a condition that you do not have enough money to save up.

That's why I call those people wise who start saving at a young age, those people live a successful and happy life later, and those who are wasteful and can't save will survive in the future.

Not everyone over 30 years old understands and the importance of everything, it also depends on your living environment. If you were born into a rich family, pampered and relied on by your parents until you got married, you will not know too much about life out there because you are still in your parents' arms. But if you can be independent from a young age and experience life yourself, I agree that by the age of 30 you will almost know all the bitterness of life.

Saving is extremely important and I value it more than investing and I always advise people to save before thinking about starting a business. But we don't just save because that's not enough to prepare for a better future. Savings and investments, any grown man should have if we are truly thinking about the future of our family and not just ourselves.

[TheUltraElite]

Saving money should start at the start of professional career or at 23-25years whichever is earlier. This is the understanding at 30 or later years.

The time factor can determine your return so if you are not starting investments early you are missing out on the future.

Many of the younger generation spend excess than necessary and they need to curbed. Better to invest than burn it on a stripper or booze.

[bestcoins1]

Save from now so that we can enjoy it in the future, saving is not stingy for yourself, but setting aside a little wealth for urgent days, where one day we will definitely need money with a high nominal amount in a short time, with savings we can solve the problem itself , in terms of saving there is no age limit and minimum as long as we intend to save whenever and wherever we can do it, and the most important thing when we save is not to sacrifice our health, health is the most important thing in everyday life so don't waste it. waste our body health,

Saving for important reasons is good while not neglecting our own health, but in terms of doing this there are also more important things for everyone to do in all conditions. This is investing in knowledge for our own brains so that we can always have unique ways of making money and getting jobs to make more money in life. Because at this time just saving money alone will not be enough to keep someone in a comfortable and safe condition, especially in the midst of increasing prices of basic goods so much.

So it is very important for everyone to do more than that, especially in terms of investing in several areas such as the best assets and also knowledge which we can use as the main foundation in seeking additional income. You can see in life around your own neighborhood where most people nowadays are no longer content to only rely on one job to meet their living needs, making it very difficult for them to save. So we also have to be able to focus on science while trying to save money and also maintain our own health.