During this 13th episode of the Simplifynance Podcast, host Rachel Stewart discusses the ways to stabilize your financial health in your 30s. With so many things changing seemingly all at once at this stage of life, your finances can take a HUGE detour if you’re not paying attention.
0:48 What can you do to set yourself up for success?
0:55 Managing good debt and differentiating that from bad debt.
1:38 What does it mean to max out a 401(k)?
2:07 Retrain your brain to plan for the things that can go wrong
3:00 When should you start financial planning?
3:24 Sleep. Who needs sleep?! YOU DO!
1. The only person who gets to control who separates you from your money is YOU.
2. 3-6 months of salary is the rule of thumb for how money to keep on hand in the event of an emergency.
3. $19,000 is the max you can contribute to a 401(k) in 2019, per IRS regulations.
Check the background of your financial professional on FINRA's BrokerCheck. Securities and advisory services offered through Cetera Advisors LLC, member FINRA, SIPC, a broker/dealer and Registered Investment Advisor. Cetera is under separate ownership from any other named entity.
Individuals affiliated with Cetera firms are either Registered Representatives who offer only brokerage services and receive transaction-based compensation(commissions), Investment Adviser Representatives who offer only investment advisory services and receive fees based on assets, or both Registered Representatives and Investment Adviser Representatives, who can offer both types of services.
This site is published for residents of the United States only. Registered Representatives of Cetera Advisors LLC may only conduct business with residents of the states and/or jurisdictions in which they are properly registered. Not all of the products and services referenced on this site may be available in every state and through every representative listed. For additional information please contact the contact the representative(s) listed on the site, visit the Cetera Advisors LLC site at www.ceteraadvisors.com.