Comments on: What to Do Before Age 30 to Set You on a Firm Financial Path http://www.accumulatingmoney.com/what-to-do-before-age-30-to-set-you-on-a-firm-financial-path/ Because wealth is better than poverty, if only for financial reasons. Mon, 19 Jul 2010 06:32:22 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Jeff Clair http://www.accumulatingmoney.com/what-to-do-before-age-30-to-set-you-on-a-firm-financial-path/comment-page-1/#comment-36874 Jeff Clair Thu, 29 May 2008 06:24:43 +0000 http://www.accumulatingmoney.com/?p=255#comment-36874 Clint, very nice thoughts. One has to start planning his/her financial future from the very young age. You must know about your goals if you would like to achieve anything and lead a financial secure life. I agree with you that we must get rid of debt as soon as possible. Jeff Clair Clint, very nice thoughts.

One has to start planning his/her financial future from the very young age. You must know about your goals if you would like to achieve anything and lead a financial secure life. I agree with you that we must get rid of debt as soon as possible.

Jeff Clair

]]> By: » May Link Love (Selected Investment Links) # The Shark Investor http://www.accumulatingmoney.com/what-to-do-before-age-30-to-set-you-on-a-firm-financial-path/comment-page-1/#comment-36818 » May Link Love (Selected Investment Links) # The Shark Investor Wed, 28 May 2008 19:24:26 +0000 http://www.accumulatingmoney.com/?p=255#comment-36818 [...] If you are under 30, Accumulating Money suggests what to do before reaching that age. [...] [...] If you are under 30, Accumulating Money suggests what to do before reaching that age. [...]

]]> By: Discover Debt Freedom http://www.accumulatingmoney.com/what-to-do-before-age-30-to-set-you-on-a-firm-financial-path/comment-page-1/#comment-36757 Discover Debt Freedom Tue, 27 May 2008 13:16:31 +0000 http://www.accumulatingmoney.com/?p=255#comment-36757 [...] Money tells us What to do before age 30 to set you on a firm financial path.  I am running out of time, only 2 years left to conquer this [...] [...] Money tells us What to do before age 30 to set you on a firm financial path.  I am running out of time, only 2 years left to conquer this [...]

]]> By: It’s Carnival of Personal Finance Time, #154 » American Consumer News http://www.accumulatingmoney.com/what-to-do-before-age-30-to-set-you-on-a-firm-financial-path/comment-page-1/#comment-36756 It’s Carnival of Personal Finance Time, #154 » American Consumer News Tue, 27 May 2008 13:13:41 +0000 http://www.accumulatingmoney.com/?p=255#comment-36756 [...] Money tells us What to do before age 30 to set you on a firm financial path.  I am running out of time, only 2 years left to conquer this [...] [...] Money tells us What to do before age 30 to set you on a firm financial path.  I am running out of time, only 2 years left to conquer this [...]

]]> By: Andrew http://www.accumulatingmoney.com/what-to-do-before-age-30-to-set-you-on-a-firm-financial-path/comment-page-1/#comment-36738 Andrew Sun, 25 May 2008 19:09:26 +0000 http://www.accumulatingmoney.com/?p=255#comment-36738 The most important thing is to focus on making more money. This sounds obvious but to often people focus ad nauseum on saving and cutting costs, and although this is important if one focuses more on trying to generate more streams of income or on expanding current streams they will most likely find themselves with significantly more money than if they were to focus on savings alone. The most important thing is to focus on making more money. This sounds obvious but to often people focus ad nauseum on saving and cutting costs, and although this is important if one focuses more on trying to generate more streams of income or on expanding current streams they will most likely find themselves with significantly more money than if they were to focus on savings alone.

]]> By: Curt http://www.accumulatingmoney.com/what-to-do-before-age-30-to-set-you-on-a-firm-financial-path/comment-page-1/#comment-36720 Curt Fri, 23 May 2008 01:13:17 +0000 http://www.accumulatingmoney.com/?p=255#comment-36720 This is a great article, but lets be realistic - unless you inherit money, 30 years old is barely enough time to get out of debt once you pay for kids, houses, cars, and college loans. I don't think it's a good idea to start investing and saving for retirement before you are out of debt. Most people that do are just kidding themselves into thinking that they ready for the future, when in fact their net worth is still declining because they are adding debt faster then they are saving for retirement. I better strategy is to focus on a budget, living on less then you make and get out of debt first and foremost. After you are out of debt at 35-40 years old, then start thinking about investing for retirement. This is a great article, but lets be realistic – unless you inherit money, 30 years old is barely enough time to get out of debt once you pay for kids, houses, cars, and college loans.

I don’t think it’s a good idea to start investing and saving for retirement before you are out of debt. Most people that do are just kidding themselves into thinking that they ready for the future, when in fact their net worth is still declining because they are adding debt faster then they are saving for retirement.

I better strategy is to focus on a budget, living on less then you make and get out of debt first and foremost. After you are out of debt at 35-40 years old, then start thinking about investing for retirement.

]]> By: learn how to buy stocks http://www.accumulatingmoney.com/what-to-do-before-age-30-to-set-you-on-a-firm-financial-path/comment-page-1/#comment-36690 learn how to buy stocks Tue, 20 May 2008 11:51:29 +0000 http://www.accumulatingmoney.com/?p=255#comment-36690 Investing in stocks can also cause you to lose a lot of money as well as time. Therefore, it is a good idea to first learn properly how to buy stocks online, trade with play money and only then invest real money into it. Investing in stocks can also cause you to lose a lot of money as well as time. Therefore, it is a good idea to first learn properly how to buy stocks online, trade with play money and only then invest real money into it.

]]> By: hank http://www.accumulatingmoney.com/what-to-do-before-age-30-to-set-you-on-a-firm-financial-path/comment-page-1/#comment-36683 hank Mon, 19 May 2008 18:45:58 +0000 http://www.accumulatingmoney.com/?p=255#comment-36683 #2 is a big one to getting started: Get Rid of Debt. If you never get that monkey off your back, investing sounds like something that will never hit on your plate. When you have a few extra $, you start to realize that it isn't just for the wealthy... #2 is a big one to getting started: Get Rid of Debt.

If you never get that monkey off your back, investing sounds like something that will never hit on your plate. When you have a few extra $, you start to realize that it isn’t just for the wealthy…

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