How to be Wealthy in Your 30s (2024 Edition)

We call the decade of your 30s the messy middle for a reason. You might be having kids, buying a house, and getting busier with your career. With time and money both at a premium, how can you invest for retirement?

Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life.

[RachelDee]

As a 30 year old wife with two kids under 5, this was constructive but also unexpectedly encouraging and validating.

[schectercexotic]

32 years old. Married with two kids one age 2 years and the other 3 months. 6 months cash on deck, no debt besides mortgage. Net worth around $300k. Household income is $135k per year, investing 20%. We were fortunate in getting a low rate 30 yr mortgage in 2021. This has allowed my wife to be a stay at home mom while I work full time. No daycare. I honestly believe we are the incredibly small percentage still living the American dream.

[klopad]

32 year old Dad of 3 kids under 5 here! My wife and I both work full time and we have 3 in daycare/kindergarten. We are not only surviving, but THRIVING!

Biggest advice I can give is to have your financial house in order before having kids. Track income/spending, build margin, set up financial accounts, automate payments, and work your way up the FOO as high as you can! Kids take up a tremendous amount of your disposable income and time so it would be much harder to start all of these things after having kids.

The Money Guy show is full of wisdom and sound advice. Keep it going guys!

[yFortuna]

I'm 26, college is paid, don't have kids, i am single, finances are looking good. currently living on 30% of my income, remaining is invested. Not being addicted to social media, trying to impress people, consumism and overall dumb spending makes everything quite easy to deal with. My goal is to reach 1 million by 40, and i'm trying to get ahead of schedule before something expensive happens (say buying a house).

[Thedonron]

As a 33 year old man, single no wife no kids no debt with the exception of a small mortgage with a net worth nearing 500k and investing 30% of my annual income ($120, 000) each year the messy middle has been a blast for me! Should hit a net worth over a million before I turn 40.

[provideos]

I am trying to double the base line metric of salary saved each decade. Currently 27 and just hit 1x salary saved and on track to hit 2x by thirty. Already bought a house and paying that down with a 15 year timeline till paid off.

[jakesouth]

As a 30 year old with 2 kids, 1 on the way, and a new mortgage as of yesterday... This hit home.

[Villhelm]

Your advice about revisiting budget is excellent - that was a huge step for my wife and me, especially after we had kids, to make sure we had our ducks in a row. It was shocking how much tighter the finances became after having kids, and having a fine-tuned budget in place has been critical to maintain our savings goals.

[terrencetroope]

I’m 33 years old, married, no kids, 1 Dog. My wife is in a doctoral program and works part time. Us Having a puppy is expensive and time consuming so I can only imagine how tuff it is to also have children.
Shoutout to all the parents taking care of their kids while still trying to grow financially. You’re the real MVP!

[MrMisterr]

I am still living with my parents and making a small contribution to the house by paying for most of the groceries and cooking all the food we eat. I am still single, no debt, and have recently been promoted to full time employment at my current place of work. I am planning on starting my own company this year using my savings as the investment. I have no commitments or risk of financial downfall because i still live with my parents, so i can risk everything because i know that if I fail, ill still have a roof over my head and food on the table. I have been working for almost a year saving 70% of my income. And i believe i have reached a level of financial stability to attempt this journey. Financial channels like this have helped me greatly in improving my money skills and i will be forever thankful for going down this road in the future.

[Addsonyt]

Love your stuff guys, but I seem to notice a background hiss in the audio on most of your episodes when listening.
Unsure what the issue would be as it seems like you guys have nice microphones.
Cheers guys and keep up the good advice!

[dilrin]

The Money Guy Show audio needs to be redone, i keep getting a slight static on your newer videos, tried multiple headphones/speakers with same effect. Other youtube channels have no issues. Love the content, thanks folks!

[smoottoochill]

I appreciate the advice guys. 29 years old making the changes necessary to get there now. I made a few mistakes with cars in my 20s but I’m coming back. Full throttle on financial discipline. Income to debt ratio is going green and climbing. Eliminating distractions and destroying debt. I’m locked in, let’s go!

[wan]

2 kids with 1 on the way approaching our mid 30s.

I’m sure glad we started saving on our early 20s and established that muscle and have been living below our means accordingly. Makes doing the same while raising kids much easier to continue

[RobertBeedle]

I feel so lucky to get locked in at 5.375% on my mortgage in February this year. It was the best rate I have seen this year.

[jloop_]

I'll be 34 this year, and my wife is 33. We have a 1 year old beautiful girl. It's the best time of my life. My biggest advice(not that anybody is asking) is to have at least a one year emergency fund and make sure you shop for the best medical insurance. My wife and I have no debt minus our house, we keep a strong emergency fund and make principal payments to our house every month and contribute 1k a month to our brokerage account and we both match our company's 401k roth plan.

[flyingfiddlerq]

33, and single, no kids and nothing on the horizon for either. Just my career training off, and keeping myself occupied.

[DrDooph]

Love the content! Technical side note: There is some slight feeback in the audio that is driving me crazy :)

[abluelark]

I’ve got more time in my 30s than I ever did in my 20s. 😅 I am now no longer married, have a less time consuming job, and have financial stability.

I’m excited to make my 30s my wealth accumulation phase of life.

[scifitathletics]

$359, 658.33 total for the 15 year or $725, 854.14 total for the 30 year....all for $50, 000 better house while you're young. The extra ~$365, 000 in savings 15 years earlier is totally worth the pain of being buried in the 15 year.