During 30s and 40s how you should plan your finance

When a person reaches at the age of 30, normally he or she becomes settled by that time, well now a days we can see people changing there jobs quite a number of time before they retire from there jobs. Usually by that time they should have a family of there own, and there are various kinds of expenses occurred at that time such as if they have a kid then that kid need to be provide with good education his or her school or college expenses needs to be bared by the person. Leaving out that there are expenses for family vacations, one may bye a home or a car, savings for future etc required to live a secured life. Then for all those activities one should have an emergency fund for financial safety
And that will also protect the assets you have and during the case of emergencies or illness or loss of jobs one will not have to be worried about it because at that time he or she already have a heavy amount left.
Although the person reaches the age of 30 or 40 they should not stop thinking that they have achieved their desired goal but they must try to progress further so that they can achieve long or medium term financial goals that they able to set in next 20 years. One must try to reduce their spending and they should budget their expenses so that they do not move out of the track. The demand will be high of what ever a person is earning but its an important issue to have a check on those investment and they must concentrate more on achieving long term investment which will give them a better result.