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

[STT]

The only thing to learn is the value of compounding both positive and negative.   The classic mortgage the nicest form of debt still involves the debtor buying both a house for themselves but also for the lender.  The amount of debt payable over decades is so great it equals the cost of 2 houses not one yet you will only end up owning one.  Thats a fair take on the nicest form of debt out there, just think how much worse credit card debt is if we are honest with ourselves.

The most positive thing to do when young is pay off that compounding debt and stop giving money away to lenders.  They love you for it but you are too generous in gifting away your wages like this.   The positive form of compounding is mostly investment and its much harder to do because you wont get this deal.   You must find where growth in industry investment is faster then the costs of operating, but in any case even a standard index tracker will compound the investment returns for you especially when young your pension gains alot.

[YUriy1991]

Whether we realize it or not, we will actually continue to gain new insights from every experience we have every day we live. It's just that there are those who really use their time well and there are those who don't. Investing can be in many ways. Whether in finance, insight or exploration to gain experience. But because we focus on financial matters, we must realize that to build good finances it must be based on good self-discipline. Both in work consistency and consistency in financial management. Starting to invest and save must be done as soon as possible when we are aware of the importance of maintaining and building financial stability. And we will start to be grateful one day for being a disciplined person in terms of finances and life.

I agree, but the pattern and technicalities are of course different, one thing is certain that always have an umbrella ready before it rains and everything must be prepared, especially if we are over 50 years old and of course our physical and mental condition will not be as strong as when we are 30 years old, of course.

The post is quite vague in terms of context and from what I understand it seems like shortchanging it’s just making yourself buy cheap stuff. So I think it’s quite the opposite of what you should do. You need to shortchange so you can cheap out on stuff and then save a lot more.

I think the OP has the opposite thing in mind.

Of course, quality ones are of course expensive and have many enthusiasts. But on the other hand, I think OP also wants to emphasize that we must also be balanced, meaning that not only investment and savings need to be spared and become the main focus, but OP also sends a message to maintain our mental and physical health conditions and be able to live this life normally as usual.

[Baki202]

If you want to love only yourself when you might have other responsibilities to carry? I don't think this is really a good idea because there are other things you can do that could make life easier for you without having the mentality of living yourself too much which can be quite of a greed. Saving is the most important favor we can do for ourselves and we need to make sure that we try as much as possible to fulfill our duties as a man at the age of 30. Things are no more as easy like the ways it was before and it is good we try as much ass possible for us to keep adjusting. As we are loving ourselves, we need to love the family ans people around too.

It is impossible for you to do everything on your own, and one thing you cannot do is go out on your own. You need other people to support you. Loving yourself is not a bad thing, but if you do it too much, you won't follow other people's lead. For this reason, you must love orders just as much as you love yourself. You still need to have friends to always stay with. you having friends Does not mean you won’t save money or stops you from saving money. If not for greed, friends does not  Stop You from saving money. instead of saving your money, why not invest into something this kind of advice you get from friends so it is better to have friends and make your plans friendship does not stop anybody from achieving anything. And when you are at your 30s, I think at this point you should be able to make plans for the future if I’m not mistaken around 30 person supposed to be married and focus on how to build your family on this present day things are becoming more difficult and difficult every day so the better you start planning the better you achieve a lot of things because it is age at to be able to achieve something.

[topbitcoin]

Whether we realize it or not, we will actually continue to gain new insights from every experience we have every day we live. It's just that there are those who really use their time well and there are those who don't. Investing can be in many ways. Whether in finance, insight or exploration to gain experience. But because we focus on financial matters, we must realize that to build good finances it must be based on good self-discipline. Both in work consistency and consistency in financial management. Starting to invest and save must be done as soon as possible when we are aware of the importance of maintaining and building financial stability. And we will start to be grateful one day for being a disciplined person in terms of finances and life.

I agree, but the pattern and technicalities are of course different, one thing is certain that always have an umbrella ready before it rains and everything must be prepared, especially if we are over 50 years old and of course our physical and mental condition will not be as strong as when we are 30 years old, of course.

If you are talking about 50 years old it is time to enjoy the results of your investment journey in life at a young age, it is too heavy to think about investing in old age like that, it will only burden you yourself, investment must be done while we are still prime in working or doing business to enjoy in old age, yes maybe polarization is different but it does not become an excuse if we want a much better old age, yes we must be able to work on what we have to get and collect as financial provisions in old age.

The post is quite vague in terms of context and from what I understand it seems like shortchanging it’s just making yourself buy cheap stuff. So I think it’s quite the opposite of what you should do. You need to shortchange so you can cheap out on stuff and then save a lot more.

I think the OP has the opposite thing in mind.

Of course, quality ones are of course expensive and have many enthusiasts. But on the other hand, I think OP also wants to emphasize that we must also be balanced, meaning that not only investment and savings need to be spared and become the main focus, but OP also sends a message to maintain our mental and physical health conditions and be able to live this life normally as usual.

Yes we can interpret it differently in what the OP said about what he meant, everyone's interpretation is different, but I agree that what is said to be balanced includes many things that we can see, as you said that investment can be implemented in many things such as health, thinking, knowledge and others which are the forerunners of a much better life and are prepared as early as possible including investing in life to be more balanced.

[Jody.Drummer]

Whether we realize it or not, we will actually continue to gain new insights from every experience we have every day we live. It's just that there are those who really use their time well and there are those who don't. Investing can be in many ways. Whether in finance, insight or exploration to gain experience. But because we focus on financial matters, we must realize that to build good finances it must be based on good self-discipline. Both in work consistency and consistency in financial management. Starting to invest and save must be done as soon as possible when we are aware of the importance of maintaining and building financial stability. And we will start to be grateful one day for being a disciplined person in terms of finances and life.

I agree, but the pattern and technicalities are of course different, one thing is certain that always have an umbrella ready before it rains and everything must be prepared, especially if we are over 50 years old and of course our physical and mental condition will not be as strong as when we are 30 years old, of course.

If you are talking about 50 years old it is time to enjoy the results of your investment journey in life at a young age, it is too heavy to think about investing in old age like that, it will only burden you yourself, investment must be done while we are still prime in working or doing business to enjoy in old age, yes maybe polarization is different but it does not become an excuse if we want a much better old age, yes we must be able to work on what we have to get and collect as financial provisions in old age.

There is no denying that when you reach the age of 40 and above, it is time to enjoy old age, enjoy the results of the hard work you have done when you were young. That's why it's important for us to work hard when we're young so we can enjoy a comfortable old age. Apart from that, it's not just old age, of course even when we're young we want comfort and that can be achieved with hard work, even though there's no certainty, but what's clear is that it should be. We have to work hard to be able to have a comfortable life and also get the results we want. Other people may not require us to be successful, but of course we ourselves have to be aware that if our economic situation is middle to lower, usually the views we get tend to be unpleasant to the heart, so we have to silence those statements by working hard.

Working hard at a young age is a must, currently I don't think many young people or people at a young age can work hard, let alone invest, because they tend to just hang around in their comfort zone, namely their social circle. That's not wrong because each has their own rights, but we have to be able to think about the future because our future is in our own hands.

[betswift]

I agree with you on that matter. You don't need to keep yourself from good things and having a good time in order to save up for the future. We all need to play our cards right, find a place where our interests shine, and only then, after finding ourselves both mentally and physically, we can think about something like that.

[Fara Chan]

I agree with you on that matter. You don't need to keep yourself from good things and having a good time in order to save up for the future. We all need to play our cards right, find a place where our interests shine, and only then, after finding ourselves both mentally and physically, we can think about something like that.

And the problem is that not everyone can find a more appropriate place for themselves, so currently there are many people who are still trying in less comfortable places in order to get what is still their target in life. And from the many things I have seen in life, one way to find a more appropriate place that has the potential to enable us to continue to develop well is a place where you are truly appreciated by many people and do not have excessive feelings of envy when you start success through a particular business or job.

[ndutndut]

The post is quite vague in terms of context and from what I understand it seems like shortchanging it’s just making yourself buy cheap stuff. So I think it’s quite the opposite of what you should do. You need to shortchange so you can cheap out on stuff and then save a lot more.

I think the OP has the opposite thing in mind.

Of course, quality ones are of course expensive and have many enthusiasts. But on the other hand, I think OP also wants to emphasize that we must also be balanced, meaning that not only investment and savings need to be spared and become the main focus, but OP also sends a message to maintain our mental and physical health conditions and be able to live this life normally as usual.

Yes we can interpret it differently in what the OP said about what he meant, everyone's interpretation is different, but I agree that what is said to be balanced includes many things that we can see, as you said that investment can be implemented in many things such as health, thinking, knowledge and others which are the forerunners of a much better life and are prepared as early as possible including investing in life to be more balanced.

Yes, right. The OP made the topic too broad so that people who read it will have different interpretations from their respective points of view. There are many things that must be considered in saving and investing, especially in living a balanced life. Because in life of course mental health, pleasing yourself and your family are the main things that must be prioritized, after all that is fulfilled then think about saving and investing.

Because in everyday life there are still many people who don't care about all of this, causing their dreams to fail because they are unbalanced. The goal of saving and investing is good for the future, but we also shouldn't neglect ourselves so that the goals we want are achieved. At the age of 30 we already understand all of that and there is a lesson that can be taken which is one step further, because we have to understand all of that to achieve financial freedom in the future.

[Onyeeze]

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.

There is something that I didn't want to let us to understand, there's some certain thing that I know very well that can make you to realize some certain things which I know very well that happens sometimes in human life, it is quite understood that if you have not make a mistake You will not correct yourself and you will not know your Flux so based on that note it is quite right for someone who knows the flux to accept it mistakes and correct it, so I know that from mistakes is the way you can correct your passed mistakes, so correcting your mistakes.

[tottong]

And the problem is that not everyone can find a more appropriate place for themselves, so currently there are many people who are still trying in less comfortable places in order to get what is still their target in life. And from the many things I have seen in life, one way to find a more appropriate place that has the potential to enable us to continue to develop well is a place where you are truly appreciated by many people and do not have excessive feelings of envy when you start success through a particular business or job.

The concept is to know yourself and take the best steps slowly to get much better results.
Sometimes people are lazy to make changes because they are too worried about the resulting risks and in the end they don't dare to get out of their comfort zone.
Look for a place that can make us progress and develop, never go to a place that is not our way. Find ways to develop yourself and preferably make friends with people who are full of motivation to succeed and grow.

Even though the environment is not one of the factors that makes us successful. The environment, friends and the way people think will determine it.
So don't always think 1+1=2, but instead friends can change that concept to the number 20 or so on.

[wxa7115]

I agree with you on that matter. You don't need to keep yourself from good things and having a good time in order to save up for the future. We all need to play our cards right, find a place where our interests shine, and only then, after finding ourselves both mentally and physically, we can think about something like that.

Sometimes that is precisely what we must do, science is very clear on this, those that can delay their gratification do way better than those that do not, even when they earn less money than those people.

As an example, suppose there are two people that want to buy a video game console, one decides to do so with their credit card and the other waits a few months to pay with cash, the one that used the credit card can get to enjoy the console earlier, but for the privilege to do so, they will have to pay interests on that loan, while the one that paid cash does not have to do this, so if you add hundreds of decisions like this during your life, the second person will do better than the first one, simply because they are avoiding debt as much as possible and using their money in a more effective way.

[passwordnow]

I agree with you on that matter. You don't need to keep yourself from good things and having a good time in order to save up for the future. We all need to play our cards right, find a place where our interests shine, and only then, after finding ourselves both mentally and physically, we can think about something like that.

The life that we're having right now really differs from the past and how the past old folks dealt with it and how we're dealing with it right now. It's true that we value ourselves more these times, we don't mind what it takes but as long as we're happy and we're having a good time, that's what matters. Especially, in emotional aspect, most of the generation today from the young adults are experiencing this and even those that are studying and coming to the point that they're worried about their future.

Well, we have ways of dealing it and as you've said, we need to find our interest and we can deal it with how we want it to be. There's no need to stress ourselves out by thinking and dealing about it. Because whatever we do, those problems and adulting and job matters are going to pass. Regardless of what type of person you are, that's the reality and those problems will just pass by.

So, valuing yourself and doing all the grind from the early 20s to late, while on your 30s, don't be pressured by what the society is thinking that you should be established and whatnot. Because not everyone had a good start on those periods, remember the story of Colonel Sanders and other known entrepreneurs and successful people, they've found their winning life on their late 40s, 50s, and even 60s and more.

[MissNonFall9]

As long as you live you will have to constantly learn various lessons and experience various types of experiences. And those who belittle themselves can never do good and great work because in every work they have to face hesitation thinking, "Am I doing right". And balance exists in every activity of life. Understanding and following this balance is key to growth.

People who still doubt themselves will find it difficult to develop, especially if they still ask themselves about the truth and error of what they have done. Even though everyone has the time to do research on anything before doing it, there is certainly no need to question ourselves as long as we know the direction and what the results will be. Because everyone just has to try their best without having more doubts and if for example the results obtained are still bad, this may still be hindered by the level of luck a person has in his work.

If the outcome cannot be predicted it will be almost impossible for us to achieve success. It is not right to think about success if we cannot acquire this much knowledge. So we need to know in advance acquire skills and take action according to plan. Along with this the alternative path should be planned so that if one path does not give success, one can rush towards success by adopting an alternative path. For this there must be a combination of many qualities of character without which one cannot succeed and they must be practiced.

[Farma]

As long as you live you will have to constantly learn various lessons and experience various types of experiences. And those who belittle themselves can never do good and great work because in every work they have to face hesitation thinking, "Am I doing right". And balance exists in every activity of life. Understanding and following this balance is key to growth.

People who still doubt themselves will find it difficult to develop, especially if they still ask themselves about the truth and error of what they have done. Even though everyone has the time to do research on anything before doing it, there is certainly no need to question ourselves as long as we know the direction and what the results will be. Because everyone just has to try their best without having more doubts and if for example the results obtained are still bad, this may still be hindered by the level of luck a person has in his work.

If the outcome cannot be predicted it will be almost impossible for us to achieve success. It is not right to think about success if we cannot acquire this much knowledge. So we need to know in advance acquire skills and take action according to plan. Along with this the alternative path should be planned so that if one path does not give success, one can rush towards success by adopting an alternative path. For this there must be a combination of many qualities of character without which one cannot succeed and they must be practiced.

What we predict with knowledge and skills may not be in accordance with what we have planned and it is very difficult to be able to predict something correctly and we can succeed with what we predict even though we have good knowledge and skills in the field we are doing.
After we make a plan, both in the field of investment and other things, of course what we have planned is in accordance with the skills and knowledge we have, and it is possible that what we plan fails because of something, even though we have prepared other alternative options, we are not necessarily able to overcome it and continue to train the skills we have, of course this will be very helpful for us in moving towards the success we want.

[Xcode7]

What we predict with knowledge and skills may not be in accordance with what we have planned and it is very difficult to be able to predict something correctly and we can succeed with what we predict even though we have good knowledge and skills in the field we are doing.
After we make a plan, both in the field of investment and other things, of course what we have planned is in accordance with the skills and knowledge we have, and it is possible that what we plan fails because of something, even though we have prepared other alternative options, we are not necessarily able to overcome it and continue to train the skills we have, of course this will be very helpful for us in moving towards the success we want.

Regardless of whether it will fail or succeed, of course there are positive things that we will get if we start to get used to good things.
Saving has no age limit and we can start from anywhere, it is not an easy thing to do even though there are many theories that we learn, but it can be done if we have gotten used to it, so in my opinion whatever the results later there is a positive side that we will get and that is the most important thing that will be a lesson for the future.

[GxSTxV]

I believe what you are trying to say from your topic is that saving money is not about going short on everything, not buying important stuff or living with the minimum. At the age of 30 for me hopefully I wouldn’t need to save anymore money as I am planning to save money and invest from this young age, and my plan is also to spend my money on important stuff or even spend more than usual to prevent the worse later, maybe spending more money on good food will prevent you from getting sick and then later spending it way more money on medical expenses.

I have learned that experience and knowledge is more important than saving money, I mean if someone knows his ways of making money without putting much effort, he wouldn’t care about spending it for his comfort. Saving money is a process that should be performed carefully to not get hurt and change your lifestyle from normal to unhealthy.

[Fortify]

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.

It's a bit of an empty and worthless "lesson" when you don't give more context than a couple sentences. I would tend to agree that it's only when most people hit their 30's that they have either acquired the worldly knowledge required to comfortably exist or they are going to find it increasingly harder to make a successful path. You can spend your 20's having fun and trying different opportunities is they come up, but you would hope that you have found what you want to do in life by that point. You can also take more risks in your 20's - like trying different investment strategies which might end up going bust, but you have time to figure out what works and what doesn't, failing is good.

[Questat]

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.

My realization is that it's not about how huge your savings are and how luxurious your life is, but it's all about how happy and wonderful your life is together with your family. Money is undeniably our ulterior motive why we keep on working hard and make a good earning, but it won't guarantee life's happiness and satisfaction.

For me, if you can focus more on giving yourself self-care and appreciation, much better. You will die early if you keep on working hard to save a huge amount, but if you focus on your own wellness and loving yourself more than others, you will live longer more than you expect it.

[justdimin]

The life that we're having right now really differs from the past and how the past old folks dealt with it and how we're dealing with it right now. It's true that we value ourselves more these times, we don't mind what it takes but as long as we're happy and we're having a good time, that's what matters. Especially, in emotional aspect, most of the generation today from the young adults are experiencing this and even those that are studying and coming to the point that they're worried about their future.

Well, we have ways of dealing it and as you've said, we need to find our interest and we can deal it with how we want it to be. There's no need to stress ourselves out by thinking and dealing about it. Because whatever we do, those problems and adulting and job matters are going to pass. Regardless of what type of person you are, that's the reality and those problems will just pass by.

So, valuing yourself and doing all the grind from the early 20s to late, while on your 30s, don't be pressured by what the society is thinking that you should be established and whatnot. Because not everyone had a good start on those periods, remember the story of Colonel Sanders and other known entrepreneurs and successful people, they've found their winning life on their late 40s, 50s, and even 60s and more.

That's the most important part, my 20's were basically nothing, only after 27 or 28 that I found my current job and I started to do fine, but until I was 27 or 28 I was basically a nobody, lived terrible, was poor, and had so many troubles in life. After I got my current job, which I have been working for many years now, I started to pay all my debt back, and take care of my family, been very hard because I had many deaths in the family during the same period, when you are at your 30's, you start to lose loved ones, and they go one by one, and if not death, then at least sickness, like my mom had heart issue, but she got a bypass and feeling much better now, but that takes money and time as well.

So sometimes, you need to realize that things don't have to be easy for everyone, sometimes you face a tough life, and sometimes you have an amazing life in everything else, like I have my health, a lovely wife, a happy marriage, financially doing ok, not rich but ok, but I faced death of loved ones, when others look at your normal day, they think you are happy, but they do not realize that even after many years, that death still haunts you and sometimes you still cry, just because you have money or good marriage, doesn't guarantee you will be happy, it's of course very helpful, but doesn't mean all is okay.

[dunfida]

The life that we're having right now really differs from the past and how the past old folks dealt with it and how we're dealing with it right now. It's true that we value ourselves more these times, we don't mind what it takes but as long as we're happy and we're having a good time, that's what matters. Especially, in emotional aspect, most of the generation today from the young adults are experiencing this and even those that are studying and coming to the point that they're worried about their future.

Well, we have ways of dealing it and as you've said, we need to find our interest and we can deal it with how we want it to be. There's no need to stress ourselves out by thinking and dealing about it. Because whatever we do, those problems and adulting and job matters are going to pass. Regardless of what type of person you are, that's the reality and those problems will just pass by.

So, valuing yourself and doing all the grind from the early 20s to late, while on your 30s, don't be pressured by what the society is thinking that you should be established and whatnot. Because not everyone had a good start on those periods, remember the story of Colonel Sanders and other known entrepreneurs and successful people, they've found their winning life on their late 40s, 50s, and even 60s and more.

That's the most important part, my 20's were basically nothing, only after 27 or 28 that I found my current job and I started to do fine, but until I was 27 or 28 I was basically a nobody, lived terrible, was poor, and had so many troubles in life. After I got my current job, which I have been working for many years now, I started to pay all my debt back, and take care of my family, been very hard because I had many deaths in the family during the same period, when you are at your 30's, you start to lose loved ones, and they go one by one, and if not death, then at least sickness, like my mom had heart issue, but she got a bypass and feeling much better now, but that takes money and time as well.

So sometimes, you need to realize that things don't have to be easy for everyone, sometimes you face a tough life, and sometimes you have an amazing life in everything else, like I have my health, a lovely wife, a happy marriage, financially doing ok, not rich but ok, but I faced death of loved ones, when others look at your normal day, they think you are happy, but they do not realize that even after many years, that death still haunts you and sometimes you still cry, just because you have money or good marriage, doesn't guarantee you will be happy, it's of course very helpful, but doesn't mean all is okay.

Different people does have that different life conditions but i do agree into that sentiment that on the time or moment that we've reached out that age of 30 then you could really be able to experiencing out those tons of
death conditions specially into your loved ones on which if you are that someone whose really that a breadwinner or does have that kind of status that you do have the job among the other siblings then you would really be ending up those kind of spendings on which this would really be that totally affect you out in overall or would be giving out those kind of delays about progress.

This is why on the moment that you've seen yourself on such condition then this is the time or moment that you do find yourself having that kind of approach on finding up some earning
alternatives on which it would really be just that a normal thinking to be have on a certain individual. If you are really that someone whose really that goes for such situation
then it would be a normal approach that you do really need up some extra income source so that you could sustain or make up such recovery.