Everything You Need to Know About Finances in Your 30s

Let’s make sure you’re on the path to financial success - then help you stay there!
The Money Guy Show takes the edge off of personal finance. We’re financial advisors that believe anyone can be wealthy! First, LEARN smart financial principles. Next, APPLY those principles! Then watch your finances GROW!

We can’t wait to see you accomplish your goals and reach financial freedom! New shows every week on YouTube and your favorite podcast app. Thanks for coming along on the journey with us.

[evanserickson]

"Assume all people who have more than you are in debt."

I love this quote so much! It's sooo true hahaha

[Jerry-jjgs]

After I graduated from grad school I found my self overwhelmed in debt in my late 20's I started to follow Dave Ramsey. Even though he had a good perspective listening to him always made me feel depressed. Now in my early 30's and listening to you guys motivates me and gives me hope that my army of dollar bills can still work for me. Wished I would have come across you guys a couple years early, but grateful that I have. Merry Christmas!!!!

[moggekungen]

I’m 32 working at a warehouse directly after school and started investing.
Now i have a portfolio of 260k and a total net worth of about 330k

[lifelovemusic]

Respect the FOO! I’m 38 and have $1M in investable assets and $1.5M net worth, no debt, mortgage paid off, and almost done with kids college savings. How do I do it with a stay at home wife and 3 young kids? Live below our means and be happy and satisfied with what you have. If it ain’t broke, don’t fix it. Been driving same car for 18 years. My parents always ask why I don’t get a new car? I say “why?” It works just fine and I could care less about driving a newer car.

[jordanswavely]

I just turned 30 this year. This episode showed up at a great time for a financial checkup

[itsamemarko]

I'm 29 and you guys have helped me understand finances so much over the last few years as I moved from paycheck to paycheck with tens of thousands in debt to being able to save about 25% and being well on my way to hyper-accumulator status. Thank you guys so much for this

[mattupgren]

I’m 32 and just this year realizing the importance of investing for my future. Thank you for this video- it’s the motivation I need right now.

[justinphillabaum]

Bought my home while I was making $14/hr. A few years ago I was making $18/hr. driving a forklift. Now working for a union making nearly $30/hr. Married my wife while I was a forklift operator and we were lucky enough to adopt our son during that time (had substantial help from a non-profit). I am 38 now and only have that median in my 401k. With the consistent overtime at work I might max my 401k if not come close to it AND on pace to max a roth ira because of watching this show. Not sure where I will be in retirement, but having a son and stay-at-home spouse has really caused me to contemplate the future

[Bosshog-WealthHealthBetterment]

Wow I wasn't subscribed to you guys? Fixed that. We're in our 30s and committed to saving at least 40%, trying to aim for 50%. We're looking to retire with a total of £5m so necessary to keep up that kind of level.

For me and my wife, it was really our daughter (now 2) who encouraged us to look more long term. We earn well and lived well in our late 20s, but as you guys say, time to grow up and start to think about the future :)

[heatherdoeur]

I'm 38 and only have $38k in my 401k. I was in an abusive marriage for years, and he would not allow me to have my own money, or save for my future.
So, unfortunately, I've gotten a very late start. Thank you for this video. Ive learned so much and you have no idea how grateful I am for you guys ❤ Now im going to work on saving 25% of my income and see how it goes.😊

[stevensmiddlemass]

As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $745K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

[sootherelax]

I finally got my 19 year old brother to put in $1000 into his Roth IRA. Monthly he is doing $150 a month starting January.

When he gets a high paying job in a few years, he will up it to $500 a month. I’m more excited for him. The earlier the better.

[bonnuitmonchere]

When I lost my job in the pandemic, I went into a “because I need to work” position that paid a fraction of what I was used to. Daily expenses like food and rent and bills went on the credit card. I seriously considered bankruptcy in early 2021 in my mid 20s because I just couldn’t see another way out. Now, I am almost debt free, consolidated all of my high interest debt and am on track to pay it off and start maxing out my ROTH. Every single dollar, every single decision, counts!!

[RobertBeedle]

As a guy who is creating my own YouTube Channel on finance I find both of these guys amazing. I may not have the expertise like these super pros, but I am "SO EXCITED ABOUT THIS" lol

[darkdudironaji]

I just turned 30 2 days ago. On the one hand, I'm pretty far behind where I should be. On the other hand, I have no consumer debt, a house, and my son was born when I was 16. So I don't have some of the troubles that other people have in their thirties. So I guess I'll just do what I can and hope for the best.

[schizzoid]

I'm almost 32 and don't make much, but by saving early, my net worth now increases by an amount equal to my annual income each year (savings and investment earnings combined). I'm nowhere near perfect and don't always follow my budget, but the 20s are so forgiving and I'm glad I made those low-impact mistakes to straighten out my money mindset early on.

[therealpeopleadvisor]

Great to see this topic for investors in their 30s! Usually this content is reserved for younger investors in their 20s. Its never too late to learn.

[KindnessGodfrey]

What's the best approach to capitalize on the current market conditions? I'm deliberately on whether to diversify my $150k stocks portfolio.
What strategy should I employ

[iSchmidty]

I just found you guys thanks to that video you did reacting to Caleb Hammer!

Caleb is really entertaining to watch, and really drives home the stakes. But I really appreciate how much advice you guys have for people who are a bit more responsible!

I’m 27 now and I recently started a Roth IRA, I’ve got about 4.5k in there. And now I’m just about to enter the workforce with my new degree, but I’m lucky enough to be completely debt free.

I think my next step is to get (and never use) a credit card to build up credit, and then freeze that lifestyle creep as soon as I can.

My next two big goals are to buy a jeep and get a dog, i don’t care about having a bigger or nicer apartment. I want to just save save save. I’d like to move to a cheaper building within a year or so to help this.

[paulwilliams]

Just found your channel. This is sooo much better than Ramsey. Well done, guys.