The 7 most crucial money lessons to learn before age 30, according to a Harvard grad who was raised in poverty and now runs a personal finance site

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The 7 most crucial money lessons to learn before age 30, according to a Harvard grad who was raised in poverty and now runs a finance site

Camilo Maldonado was born in Colombia and as a child came to the US, where he was raised in poverty by his widowed mother.

Here are seven money lessons that have a larger impact to your financial stability than you realize, and that he believes everyone should learn before they hit age 30.I recently turned 30 years old, which is a scary time financially. You're old enough to feel like you should have made more progress financially, but young enough that realistically you are still battling the challenges of a modern young adult, like paying back student loans and an increasing cost of living.

Today's new graduates are saddled with tens of thousands of student loans. Upon graduation, you're not even thinking about saving for a down payment on a home because for the next few years, you're working to repay the student loan companies.

 

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