Are you in your 30s, or on your way there? Your 30s can be an exciting point in your life, as it’s a time of change for many. However, some changes require financial security which can empower you to take considered risks, to help you get ahead.

We’ve put together some helpful financial tips, designed to assist people just like you to help improve your financial situation and take control of your income/expenses.

1. Building up an emergency fund

You never quite know what’s around the corner. Your car could break down, someone close to you could get sick, or your work situation could change. This is why having an emergency fund could come in handy. Building an emergency fund can be challenging but setting yourself an amount to put away each pay check – like $50, $10 or $150 – could help you when you least expect it.

2. Creating and sticking to a budget

Can you think of the last time you wrote out a budget? Creating and sticking to a budget may help you grow your savings, as you can work out what money you’re bringing in, and where you’re spending the most money.

Taking the time to map out a budget could help you get a handle on what recurring payments are necessary, and what things you may be able to cut back on and sticking to a budget can be one of the best financial decisions anyone can make.

3. Paying off loans with a high interest

When interest rates rise, you’re likely set to pay more interest on outstanding loans you may have. If you’re looking to minimise your expenses over the long-term, and you’re currently able to pay off your loans, then it’s worth looking into how you can settle your high interest loans in the near future. If you have a range of debts, it may also be worth considering consolidating your debts, or performing a credit card transfer.

4. Saving up for retirement


You’ll need 67%1 of your pre-retirement income to maintain your standard of living.

Are you someone that wants to travel when you retire, or have other goals in mind for your life after work? It’s time to think about how much super you’ll need to make those dreams a reality, and what you can do today in order to get you to that point. Moneysmart suggests that if you own your own home, you’ll need 67%1 of your pre-retirement income to maintain your standard of living.

One way to build up your super is through salary sacrificing. According to the ATO, salary sacrifice allows you to make arrangements with your employer to have some of your salary or wages paid into your super fund. These are classed as employer super contributions and are taxed at a maximum rate of 15%2 - which means it may be beneficial, tax-wise, to salary sacrifice part of your wage or salary. If you’re looking to take control of your super, we offer a couple of different options to help you prepare for a stress-free retirement.

5. Consider purchasing a home

If you’re looking  to purchase a property, things like putting together a budget and establishing a savings account may help you build up a deposit for your first home. First homeowner grants could also help you fast-track your purchase.  Our step-by-step guide to buying your first home may help if you’re looking to purchase your first property.

We offer a range of home loans that can make your dream home a reality. Whether you’re looking for a set-and-forget loan, or something with a bit more flexibility, our range could suit your needs depending on your financial circumstances. When it’s time to purchase your home, we’re here to help.

6. Investing in stock or mutual funds


Keep an eye out for any investment scams when you are looking to invest your money.

It may be worth considering investing in stock or mutual funds. Investing in the stock market is a way of actively making your money work for you – but of course, there are risks attached. Make sure you do your due diligence before investing in a managed fund, and keep an eye out for any investment scams when you are looking to invest your money.

7. Protect yourself with insurance

No-one wants to think about the worst-case scenarios, but it’s worth considering taking out income and life insurance in case an emergency arises. Income protection will pay you part of your regular income in case you’re off work for an extended period due to injury or illness, while life insurance will support those around you in case tragedy strikes.

You can get life insurance through an insurance provider, or through independent financial advisors. Whichever way you go, it’s worth considering things like your family’s living costs, your savings, and any loans that may need to be settled if you pass away. Your 30s can be a time of preparation for the rest of your life – so use this period to set yourself, and those around you, up for financial success.



As the information on this page is of a general nature and has been prepared without considering your objectives, financial situation or needs, before acting on the information, consider its appropriateness to your circumstances.

Normal lending criteria, terms and conditions and fees and charges apply. Mortgage insurance is required for home loans over 80% and is subject to approval.

Interest only subject to approval. During an interest only period, your interest only payments will not reduce your loan balance. This may mean you pay more interest over the life of the loan.

You should read and consider the relevant terms and conditions (available on request) and our Financial Services Guide before deciding whether to obtain any of our financial products or services.


[1] How much super you need – (
[2] Salary sacrificing super

Qudos Mutual Limited trading as Qudos Bank ABN 53 087 650 557 AFSL/Australian Credit Licence 238 305.

 Published May 2023