Along with career strides and potentially starting a family, your 30s usher in a whole new level of financial responsibility. Not only can you no longer get away with the financial faux pas of your 20s, but the bar is raised in terms of saving, spending, and investing. To create a clear financial trajectory for 30-somethings, Business Insider recently compiled the most relevant money-saving tips catered to this age group.
"Your peak earning years don't happen until your 40s or 50s, but your 30s are a time to build momentum on your income and propel you to your peak income," said Pamela Capalad, CFP and founder of Brunch and Budget, to Business Insider. She recommends investing in something other than retirement during this pivotal decade, especially if you're already maxing out your 401(k) plan.
She suggests contributing money to a Roth IRA or traditional IRA, both of which Warren Buffett also recommends, to diversify your income streams. Capalad does note that these next steps should only be taken once you've established a solid emergency fund, are debt-free, and have planned for future expenses, then it may be time to put your money to work.
Head over to Business Insider for more 30-something financial goals, and share your personal finance tips below.