How to manage money in your 30s

Your 30s can be an exciting but challenging decade. While you may be advancing your career and earning more money, you’re also likely juggling more financial responsibilities.

Many in this age group are married, given the median age at first marriage is in the late 20s, according to the U.S. Census Bureau. Parenthood may also be a reality, since the average age for women having their first baby is around 26, the Centers for Disease Control and Prevention reports. And don’t forget the house — the median age for first-time home buyers is 32, according to the National Association of Realtors.

How to handle all of this financially can be a bit overwhelming, says Brian McCann, founder of Bootstrap Capital LLC in San Jose, Calif.

“The bigger the life challenge, the more likely that we have not been trained for it,” says McCann, a certified financial planner who works primarily with clients in their 30s and 40s.

Kelsey Sheehy | NerdWallet

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