5 Money Mistakes to Avoid in Your 30s

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1. Not setting financial goals

One of the biggest money mistakes individuals in their 30s can make is failing to set financial goals at all. According to experts like Ryan Marshall and Douglas Boneparth, creating both short- and long-term financial plans during this decade is essential for future financial success. Setting goals provides direction and timelines for achieving milestones such as retirement savings, emergency funds, homeownership, and other life goals. Delaying the establishment of these goals could hinder overall financial progress and limit opportunities for financial independence and personal growth.

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