4 Smart Steps to Grow and Protect Wealth in Your 30s
Buy a house, choose the proper 529 plan, get life insurance, and invest in yourself.
We get it. You’re busy. You’re preoccupied with raising your children, holding on to a demanding job, and maintaining your sanity during your daily commute. But it pays to take time to nurture your long-term wealth.
Buy a house (if it makes sense). Owning a home is the American dream. Growing home equity is also a key to long-term wealth. But before you buy, make sure you plan to stay put long enough to recoup the up-front cost of getting a mortgage and the back-end cost of selling your home.