40 year olds, what financial advice would you have for a 30 year old?

If you ever come into some money, whether it be a raise, bonus, or gift, don’t let it sit in your checking account. Move it to somewhere that is able to earn money.

Just save your money as much as you can, dont suffer but live in the studio until you’re ready to buy a house. The car and the two bedroom and all that shit just keeps you perpetually a decade away from buying a home.

Learn to cook & meal-prep. Invest time into your health and fitness. Self-host as many techy services as you can (bonus points for Arr stack - streaming services are expensive). Try to “BIFL” where possible - Terry Pratchett said it best:

The reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money. Take boots, for example. … A really good pair of leather boots cost fifty dollars. But an affordable pair of boots, which were sort of OK for a season or two and then leaked like hell when the cardboard gave out, cost about ten dollars. … But the thing was that good boots lasted for years and years. A man who could afford fifty dollars had a pair of boots that’d still be keeping his feet dry in ten years’ time, while a poor man who could only afford cheap boots would have spent a hundred dollars on boots in the same time and would still have wet feet.

There is no hope without a revolution.

But also whenever you get a raise or pay off a loan take the majority of that money you would have added to your regular paycheck and put it in your superannuation (or your country’s equivalent retirement fund) as an automatic deduction. That way you’re saving without feeling the pinch of giving something up.

Also once you reach an age you start dealing with funerals you’ll realise how nightmarish and expensive that whole process is, so get a proper legal will made up.

Don’t listen to anyone born before 1980. They don’t live in the same world as you.

Drinking water and mountain home meals. I’m afraid their value will skyrocket sooner than later.

• Marry someone rich.

• Get lucky

• Don’t have health problems

• Don’t have children (even if you find someone rich)

• Win the lottery (backup for if you can’t marry someone rich)

• Get out of the usa

• Don’t eat anything approved for eating in the usa

• Exercise

Cheap used EVs are great, but if you are still in college, you don’t need that much range, so a beater leaf is even cheaper.

Your refusal to go into credit card debt in your 20s was great. Continue not fucking doing that.

Denying every indulgence makes you explode in spending desperation once you eventually get a windfall. Instead, ration indulgences, don’t forbid them. Get familiar with “this was expensive. I shouldn’t do that often.” It will make resisting temptation much easier with the new shiney XL+909T comes out when you’re older.

money (you need enough) so keep dollar cost averaging into ETF, don’t forget the world is a big place, so international as well and consider the debasement trade.

Switch to income investing when you “retire”, don’t try and time markets.

https://www.youtube.com/channel/UCuNKV0CMgcVUiJNdA-JNlJA

https://www.youtube.com/channel/UCxU4PhPfJEBgaeYT1rMhvCg

and physical health ; no smoking, no drinking, moderate cardio (running cycling etc) and lift weights to help prevent muscle loss and osteo.

and mental health: hike, enjoy the woods, spend time with friends and family you care for

Am 61, retired at 40 , gf is 57.

Lots of good tips in here already.

I would recommend checking out The Money Guys or Caleb Hammer on YouTube for some great tips with actionable goals.

Lose fat and build muscle. You will be more financially stable when you’re healthy.

I’m over 50 so apparently I don’t count. But if I did I would say maximize salary. Live below your means. Invest because compound interest is your biggest ally.

“Don’t believe sermons, fairy tales, or stories about money.”

lol don’t ask us. we’re just as fucked as you. :\

Don’t. Just don’t. Ever.