Five ways to be financially secure before turning thirty Author: Carissa Chan  If you’re approaching thirty, it’s time to get serious about your financial security. Here are some simple tips to help you grow wealth and secure it in the long term. Become financially literate Taking the time to learn about personal finance and investments will help you make sound financial decisions that will, in turn, help your money grow. Finance an investment, not a lifestyle If you do choose to borrow money, it should be to invest, not to fund a lifestyle. Investments don’t have to be in financial products. You can invest in yourself such as with a better education that will advance your career. Set savings goals It’s easy to motivate yourself to be responsible with goals in mind. Maybe you’re saving for a big purchase or to accommodate a planned expense. Whatever the reason, getting into the habit of setting funds aside is a sure way to secure your future. Invest in insurance It can happen to anyone – unforeseen events could result in you losing your ability to generate an income. This could come at a cost to your lifestyle and adversely impact your financial dependents. The right insurance can ensure that in the event that you are unable to work, your day-to-day living can continue without financial stress. Build an emergency fund Sometimes we need money straight away. Apart from giving you peace of mind, setting aside emergency funds will help you avoid debt should you incur an unexpected expense.   Follow these tips and you can empower yourself to make better decisions regarding your financial future.         General Advice Disclosure: This document contains information that is general in nature. It does not take into account the objectives, financial situation or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. If you decide to purchase or vary a financial product, your financial adviser, AMP Financial Planning and other companies within the AMP Group may receive fees and other benefits. The fees will be a dollar amount and/or a percentage of either the premium you pay or the value of your investment. Please contact us if you want more information.