You will not even know where all the earnings went, do these 5 things by the age of 30, otherwise, you will be left rubbing your hands!

The time between 20 and 30 years of age is the most important in every person's life. Most people start their careers at this age. If you are also at this stage of your age, then you should keep some things in mind, so that you do not face problems in your future life. If you start taking financial planning seriously from the age of 30, then you have only 30 years to secure everything from your children's education to your old age. Let us know what things you should start working on by the age of 30 in any case.

If you have a serious illness, then all your savings can be exhausted in one stroke by getting treatment in a good hospital. In such a situation, it is important that by the time you reach the age of 30, you must take health insurance for your entire family. Also think that if you die due to any reason, how will your family live their life? In such a situation, you need to take life insurance.

Almost every person starts thinking about a car after getting a job, but you should also think about buying a house along with it. Try to move forward while maintaining a balance, because in today's time, it is also important to have a car in the house and if you have a house, then your financial security will increase.

You should also start short-term investments before the age of 30, through which you can fulfill your short-term goals. These include saving money to buy a car, saving money to buy a house, saving money for children's education, and children's marriage. Investment plans of different durations can be taken for everything.

Although, till the age of 30, most people only think of spending money, by the time you reach this age, you should also start retirement planning. For this, you can invest money in NPS, which is the best tool for retirement.

Most people make the mistake of not creating an emergency fund in their lives. In such a situation, if a disaster like COVID-19 or any other emergency occurs, then you are unable to deal with that situation. By the time you reach the age of 30, you should start planning to create an emergency fund. This fund can be of different amounts for different people, but keep in mind that there should be enough money in it so that you can meet your family's expenses for at least 6 months.