The BIG 30

This is how much you should have saved by age 30: How to catch up https://a.msn.com/00/en-us/BBQeVk6

On top of having a decent nest egg saving by the time of age 30 one should also have a good emergency fund. This emergency fund is all depended on the persons circumstances. However strive for 3 to 6months for married people, and 6 to 12 months for single people.
If you have to choose between funding your retirement nest egg or funding your emergency fund, you should choose to fund the retirement account in a Roth IRA. The reason for this is because of the compounding interest is a powerful thing.Compound interest is the most powerful force in the universe." (Albert Einstein). The more that is in the account to compound the interest the better. Also the sooner the better. The reason why a Roth IRA is good just in case one does not have a fully founded emergency fund is because the principle with in the account can be with drawn without any penalties. This is not recommended however. 

Status

A new job, a new location, meeting new people; means a new suit or new car right? So often we feel that in order to fit in we need the newest and best things. This is what is also known as acting rich and in reality being poor. Instead of buying a new suit just because theres a new job try getting a used one or one that on special. Attorneys are really bad at this. When we think of Attorneys, we also picture them with a nice fancy car and a fancy new suit. They also just got out of law school and they'll tend to have a lot in student loan debt. So they don't have the money to buy the things to fit in so they end up putting in on credit cards or car loans. They are trying to fit in. We not let your work show? Sure they need a suit but do they really need a thousand dollar suit. Sure they need a car but do they need a hundred thousand dollar car. Why not pay off that student loan debt first. Yes, I may be picking on Attorneys however this is only an illustration. People now adays act like cowboys with big hat that in reality have no cattle. They try to fit in. Take a look at Bill Gates, Jeff Bizzo, or some of the other millionaires. Do they look like they are millionaires with what they wear? No they are very modest in their appearance. They know that their money can be used as better assets else where.

Consumeristic Society

In Today's society is one of consumerism, a society that has a spending problem. This is also a big case of I want it now so they get it. The emotional pain of waiting, deferred gratification, is to hard for some people to bear. The banks have given the ability to spend without having any emotional detachment to what people are departing with. People are spending money that they do not have in order to impress people of whom they do not know. They when there is an emergency they have nothing to cover them in there time of need. One survey according to GoBankingRates says that more than half of Americans have less than $1,000 saved. This is not if but rather when will something happened. The days on earth are not always sunny. Rather than spending the banks money and then paying them back alot of interest why not collect on some interest. There is a term called opportunity cost. This term means that when one gets some they are also giving something up. So when someone spends money they are losing out on the money that their money could have made for them. It is crazy when someone spends money on a credit card and they don't pay it off at the end of the month. A single purchase of a latte that they have to have could end up cost way more. So pay it off or just pay cash. Here are two tips:
1) Save at least $1,000. For an emergency because one will come. Preferably save 3 to 6 months of living expenses for married couples. Or 6 to 12 months for single individuals.
2) Pay off all debts! Without any debt there is a great freedom. "⁷The rich rule over the poor, and the borrower is slave to the lender." Poverbers 22:7

https://www.gobankingrates.com/saving-money/savings-advice/half-americans-less-savings-2017/

Wild Rollercoaster

For those that look at the stock, they know that there are many ups and downs. Some days the Dow Jones industrial average will climb up 800pionts and other days they plummeted in a downward deep dive. Some people say that bonds are better and safer bet. However when one looks at bonds they also go up and down every day.
Now instead of looking at them every day or hour we pull the timeline back to multiple years. What you'll see is more of a steady line moving up. The reason for that is because when we invest in stocks, we're investing in business and the people who run them. That being said if one invests in a single stock, their whole hope is on that one business and the people who run it. This is extremely risky. For this reason it is recommended to diversify their portfolio. Some tools that help to diversify are index and mutual funds. Basically in these types of funds the investor is investing in an entire group of businesses. For an example the Standard and Poors 500 index fund (S&P500) is an index fund that measures the growth of Americans top 500 companies. There might be one company that does really poorly one day however and hopefully the other 499 will be doing well.

Young gold

When I was young the game that I enjoyed playing was one with money. What I would do was save my quarters till I had a dollar and then exchange for a dollar with someone. Next I repeated this same process till I would end up with hundred dollar bill. Of course with paper money there is not one larger in the U.S. so I saved up till I bought an ounce of gold.
This is a great example of constantly saving up for something bigger. In your personal live you may not be saving up for larger currency like I did when I was young. However, you may want a newer car or a house so I urge you to strive to save for those purchases rather than going into debt.