As a 30-something investor, I sort of had a ‘180 degrees’ change in my mindset as compared to my younger 25+ self when it comes to investing.
For one, I used to spend on gaming, going out with my friends/buddies and dining out in my 20s, especially when I do not have any immediate commitments to worry about. However, it’s a whole new ballgame for me once I head past the 30 years old mark.
The Need to Balance Investing and Life Events
In general, people in their 30s have all these commitments to worry about such as:
New House New Car Wedding Bells Aging Parents Young Kids More Responsibility at Work More Health Problems surfacing
I can go on and on but I believe you get the message. To sum it up, people in the 30s are like the patty in hamburgers – squeezed dry in the middle.