From college savings to career changes: The smartest things to do with your money in your 40s
Shutterstock/Monkey Business Images
By the time you get to your 40s, you've checked off a lot of financial firsts.
When you were younger, you might have assumed you'd have everything figured out by now. But as soon as you master one aspect of your money, another challenge - or opportunity - seems to pop up.
Your 40s bring a new set of financial priorities, especially if you have children. Now is the time to start thinking seriously about funding their college education, not to mention teaching them important lessons about money.
In your own life, you might be ready to mix things up - whether by changing your job, your career, or moving to a new house. Perhaps even all three.
Everyone's situation and needs are different, but one thing is certain: After making it through two decades of adulthood, you've definitely earned a vacation. It's worth adding the dream trip you've been putting off for years to your to-do list as well. Just make sure you plan for it - as well as the following top financial priorities to focus on in your 40s - before you take off.
- Love in the time of elections: Do politics spice up or spoil dating in India?
- Samsung Galaxy S24 Plus review – the best smartphone in the S24 lineup
- Household savings dip over Rs 9 lakh cr in 3 years to Rs 14.16 lakh cr in 2022-23
- Misleading ads: SC says public figures must act with responsibility while endorsing products
- Here’s what falling inside a black hole would look like, according to a NASA supercomputer simulation
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market