10 Life Lessons For Your 30s

A surprisingly good blog post from http://markmanson.net/10-life-lessons-excel-30s

10 Life Lessons For Your 30s

“A couple weeks ago I turned 30. Leading up to my birthday I wrote a post on what I learned in my 20s.

But I did something else. I sent an email out to my subscribers and asked readers age 37 and older what advice they would give their 30-year-old selves. The idea was that I would crowdsource the life experience from my older readership and create another article based on their collective wisdom.

The result was spectacular. I received over 600 responses, many of which were over a page in length. It took me a solid three days to read through them all and I was floored by the quality of insight people sent.

While going through the emails what surprised me the most was just how consistent some of the advice was. The same 5-6 pieces of advice came up over and over and over again in different forms across literally 100s of emails. It seems that there really are a few core pieces of advice that are particularly relevant to this decade of your life.

Below are 10 of the most common themes appearing throughout all of the 600 emails. The majority of the article is comprised of dozens of quotes taken from readers. Some are left anonymous. Others have their age listed.

1. Start Saving for Retirement Now, Not Later

“I spent my 20s recklessly, but your 30s should be when you make a big financial push. Retirement planning is not something to put off. Understanding boring things like insurance, 401ks & mortgages is important since its all on your shoulders now. Educate yourself.” (Kash, 41)

The most common piece of advice — so common that almost every single email said at least something about it — was to start getting your financial house in order and to start saving for retirement… today.

There were a few categories this advice fell into:

• Make it your top priority to pay down all of your debt as soon as possible.
• Keep an “emergency fund” — there were tons of horror stories about people getting financially ruined by health issues, lawsuits, divorces, bad business deals, etc.
• Stash away a portion of every paycheck, preferably into a 401k, an IRA or at the least, a savings account.
• Don’t spend frivolously. Don’t buy a home unless you can afford to get a good mortgage with good rates.
• Don’t invest in anything you ...