Your 30s are often considered your prime earning years. At this age, you’re in a great position to start capitalizing on life experiences and building your nest egg. Starting to save earlier in life gives you more options later on and puts you in a great position when it’s time to retire.
We asked a panel of Forbes Finance Council members to each share one tip for people in their 30s to make quicker progress on their savings goals. Follow their tips to start saving more money and securing your financial future.
4. Automate Your Savings
Through our research, we have found that out of sight and out of mind is key. When you have easy access to your savings, it can be too easy to use it. By automating your savings with a mobile application and having it coincide with payday, you create a great way to pay yourself first. This ensures that you are regularly saving a little bit which will lead to a big reward long term. – Kathleen Craig, HT Mobile Apps
