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Jill Needham
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Jill NeedhamNew You
Asked: May 31, 20212021-05-31T10:57:38+01:00 2021-05-31T10:57:38+01:00In: Finance

Is it too late to start saving at 30?

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Is 30 considered too late to start saving and investing?

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    1. Jannie Robertson
      Jannie Robertson New You
      2021-06-01T22:11:23+01:00Added an answer on June 1, 2021 at 10:11 pm

      It doesn’t exactly mean you have done nothing, you look at what has happened and how far you have brought yourself financially and with how much. Most people can make money stretch to no end to make things meet. See if your work has a 401k and have a small percent taken out, save change on the side, round your numbers up and put that amount each month in a savings, start small and end up big. Adjust your finances, do some small cut backs, shop differently, and you will be fine.

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    2. Freddy Ortiz
      Freddy Ortiz New You
      2021-06-01T22:13:37+01:00Added an answer on June 1, 2021 at 10:13 pm

      You’re never late though. Investing time on improving your skills is also considered a good investment. Most of the people do significant investments between 30 to 45 years of age. Some lucky guys start early though. From a financial investment perspective, start small. Invest small amounts, it will give you motivation to invest more. Choose whatever works for you -Real estate, Gold, Mutual funds etc focus on what works out for you.

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