5 Money Habits That Pay Off in Your 30s
Practical financial habits that compound through your thirties — from super to emergency funds.
Your thirties are when small financial decisions start compounding. Here are five habits that pay off.
1. Know your real take-home pay
Before any budgeting, understand what actually lands in your account. Use the salary calculator to convert any gross figure into weekly, fortnightly and monthly net pay.
2. Consolidate your super
Multiple super accounts mean multiple sets of fees. Consolidating into one low-fee fund can save thousands over a career.
3. Build a 3-month emergency fund
Aim for three months of essential expenses in a separate, easy-access account. It turns a car breakdown from a crisis into an inconvenience.
4. Salary sacrifice early
Even $50 a week into super in your thirties can grow to six figures by retirement, thanks to compounding and the 15% contributions tax.
5. Review your offers annually
A quick annual review of your salary package — including super treatment and bonuses — keeps you from drifting below market. The offer comparison tool makes this easy.