Here’s How Healthy Finances Look In Your 20s, 30s & 40s

By Sonal Bhadoria | June 24, 2015

You come into this world and then this thing called life happens. And as your life experiences grow with age, you deal with a lot many changes. Just like your health, your financial health also undergoes transformations when you hit your 20s, 30s and 40s. So here are some stark pointers that are signs of good financial health in these stages of your life.

Finance20s_960px

As you enter the workforce and start earning, there is no limit to your new found financial freedom. The girlfriend gets her gifts. The latest gizmos leave your colleagues impressed, the friends get jealous of your shiny new car and all this leaves worried frowns on your parents’ faces.

(RELATED READ 6 Saving Tips For New Job Entrants)

 

Finance30s_960px

As you get stability at work and home, the financial-planning-for-the-future phase kicks in. The spouse doesn’t get stressed over monthly savings vs. expenditure equation, your kids treat you as their hero, your parents are less anxious seeing your mature financial planning and your CA couldn’t love you more for all your interest in retirement plans and future savings.

(RELATED READ How Not To Go Wrong While Planning For Your Future Goals)

 

Finance40s_960px

It is all in the bag now. Your spouse is content with the financially secure future you have planned out, your kids are loving it because you are able to provide their needs, your CA is over-worked getting all your future planning ideas into place and your parents are super proud at your financial success.

(RELATED READ How To Remain Unbeaten Even After Retirement)

So what are you waiting for? Start your financial planning now and take the help of these personal finance calculators.

All information including news articles and blogs published on this website are strictly for general information purpose only. BankBazaar does not provide any warranty about the authenticity and accuracy of such information. BankBazaar will not be held responsible for any loss and/or damage that arises or is incurred by use of such information. Rates and offers as may be applicable at the time of applying for a product may vary from that mentioned above. Please visit www.bankbazaar.com for the latest rates/offers.
Category: Funny Money

About Sonal Bhadoria

An accidental engineer who went from designing car parts to writing within a woefully short span of time. Has spent nearly 3 years in the digital news media muddle, where everything from tackling Modi trolls to analyzing the Wimbledon grass was attempted at. Seriously believes online reading is a legitimate hobby for which annual awards should be handed out. Also spends way too much time on the internet.

Leave a Reply

Your email address will not be published.