In your 30s, many major life moments happen. You may get married to the person of your dreams, or have a child. This is also a very important time to think about your finances and spend responsibly. With all of the major changes that can happen in your 30s, it can be tough figuring out how to make things work financially. Here are four things to avoid doing in your 30s for a better financial future.

1) Having a Poor Insurance Policy

Think about what would happen if you were seriously injured and needed emergency surgery. Would you be covered? It’s important to think about “what could” happen to you rather than “what has” happened to you when considering health, flood, and other types of insurance. Research your options carefully before making a decision.

2) Living Beyond Your Means

Yes, many people strive to live in a house that looks like it could be featured on a home show. Ensure that you can afford it, though, before you move in. This goes for other things you buy, too. Living above what you can afford is one way people get in trouble with credit card debt and overdrawn bank accounts. If you’re guilty of this, Investopedia outlines five clear signs that you’re living beyond your means.

3) Overspending on Children

While your children are probably the most important thing to you at this stage in your life, it’s important to be realistic with what you can provide for them. Keep tabs on your checking accounts and ensure that you’re putting enough money into savings for emergencies and even your own retirement. You still need to save for your future, too!

4) Not Saving for a Rainy Day

A recent CNNMoney survey states that only 41 percent of adults have enough in their savings accounts for an unplanned expense of $500 or $1,000. This same survey states that more than half of all Americans knew someone who had an unexpected expense. Have at least a few months’ worth of savings available for the unexpected. You can do this by cutting back on coffee runs, eating out, or go on one vacation instead of two.

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