Welcome back, guys.

I’ve got something really important to share with you today and I’m excited about it, especially if you’re in your 20s like me. It’s all about making small sacrifices now so that you can have a free and independent life in your 30s and beyond. Trust me it’s worth it.

Imagine you working a job that you do not enjoy doing for the rest of your life. I cannot even imagine doing so let alone actually doing it. working 5 days to live for 2 weekdays.

Some jobs don’t even have that.

 Working the entire year just so you can have a 2 week’s vacation and when it finishes back to the same rat race looking forward to that 2 weeks next year. It does not have to be this way. Let me explain in the simplest way that I can.

Imagine you’re building a strong foundation for a house. Well, your 20s are like that foundation for your lifetime where even a small right educated decision can change your entire life in just a few years whether it is financially, emotionally, or anything else, and the opposite way around.

So, let me guide you through seven very important steps that you can take which in my opinion are very important and every individual should understand it to be financially free in their 30s.

Imagine you’re building a strong foundation for a house. Well, your 20s are like that foundation for your lifetime where even a small right educated decision can change your entire life in just a few years whether it is financially, emotionally, or anything else, and the opposite way around.

So, let me guide you through seven very important steps that you can take which in my opinion are very important and every individual should understand it to be financially free in their 30s.

1. Developing A Budget

The first thing you should be doing is developing a budget.

I know it doesn’t sound super exciting, but trust me, it’s a game-changer. Creating a budget means understanding your income, expenses, and financial goals.

Even if it’s a simple thing like keeping track of your budget or your spending you can outline a map every month or every 6 months and you can adjacently see your pattern of what you have been spending on and what you can minimize or control.

By keeping track of where your money is going and making adjustments, you can make sure you’re living within your means and saving for the future.

2. Saving and Investing

Next up is prioritizing saving and investing.

I know it sounds so simple and boring but it is the key many people don’t do it.

It’s essential if you want to be financially independent in your 30s. Start setting aside a portion of your income for savings and investments, even if it means cutting back on some fun stuff.

I would highly recommend you save at least 30 percent of what you earn.

With all this flashy stuff and influence around you in this modern world it can be hard but if you put your mind to it you can achieve it.

The cool thing is, that when you start early, your money has time to grow through something called compound interest, which means it multiplies over time.

3. Avoiding Debts

Avoiding excessive debt is another important sacrifice. Trust me, it’s easy to fall into the trap of high-interest consumer debt.

But try to be cautious with credit cards and loans. Only borrow what you can afford to pay back. By managing your debt responsibly, you’ll have more money available for savings and investments.

Even though it may seem less and does not feel a lot when borrowing and will look like you will easily pay within a few months it can add up and can be very difficult to get out of the situation. The best thing to do is not to make the habit of borrowing the money that you don’t need.

Now, let’s talk about-

4. Embracing minimalism.

 This one can be tough,

I get it. But think about it this way: instead of focusing on buying a bunch of stuff, focus on experiences and living with less.

By reducing your expenses and avoiding unnecessary purchases, you’ll be able to save more and build up your wealth for the future.

1 dollar spent today may not seem like a lot today but it can add up to a lot in the long run and especially if you invest it, it’s going to be a game changer for you and will turn around your life.

5. Investing in your education and skills

You need to Invest in yourself Period and it can be the greatest investment you can do for yourself.

 Consider taking additional certifications, attending workshops, or furthering your education in fields that have high earning potential. Or it can also be anything that interests you and is working and proven to make money.

 By continuously improving yourself, you’ll increase your chances of landing better-paying jobs or even starting something of your own that will replace your job. For me, it was blogging that have become a game changer for me.

Your career growth is super important for financial independence. In your 20s, it’s time to take on new challenges, seek promotions or better-paying positions, and keep improving your skills.

Don’t be shy about networking and building professional relationships. The more you invest in yourself and the skills that you develop along the way that is what will give you the highest form of return in any kind of investment.

6. Delaying Gratification

Last but not least, let’s talk about delaying gratification. I know it’s tough in a world where everything is about instant gratification. But here’s the thing: By avoiding unnecessary splurges and impulse purchases, you’re prioritizing your long-term financial goals. Practice patience and resist those immediate temptations. Believe me, you’ll make significant progress towards financial independence.

So, my friend, becoming financially independent in your 30s requires sacrifices and careful financial planning. By developing a budget, prioritizing saving and investing, avoiding excessive debt, embracing minimalism, investing in education and skills, focusing on career growth, and delaying gratification, you’ll pave the way to a secure financial future.

It may not be easy, but I promise you it’s worth it.

Let’s make these sacrifices together and create a better life for ourselves in the long run. We’ve got this.