Hi, I’m David Weliver. (That’s me, my wife Lauren and daughter, Molly.) Since 2006, I’ve been blogging about beating debt, increasing your earnings and investing wisely while you’re young.
Why Money Under 30?
As you go from being a broke student to an independent adult with a decent job and some money in the bank, maybe you’re wondering “what now?” Or, simply: “How do I not screw this up?”
Perhaps you want to get out of debt, get married, buy a home, or even have kids. Maybe you want time to have fun or travel before settling down. Or maybe you just want some furniture that’s not from IKEA. Whatever your goal, I want to help you get there. By the way, it is fine if you’re over 30, too. It’s never too late to get right with your money!
Unlike other personal finance websites, I’m never going to preach because you eat out or want to buy a new car. These are the beliefs that guide everything I publish for you:
- Personal finance is personal. Guidelines are useful, rules don’t work for everybody. Becoming rich means having enough money to live the life you want, not the life popular culture suggests you should have.
- Being “good with money” is about psychology, not math. We learn financial habits as children and teenagers from our parents and environments. By the time we’re adults and have to manage money on our own, it can be difficult to unlearn bad habits, but it’s not impossible…with the right tools.
- Focus on the future. We’re all starting from different places. We can’t change the past, but we can influence how we save and spend money going forward. It’s never the wrong time to start getting better with money.
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Join our free community now to get the best content via email once a week, exclusive access to free tools and downloads as well as MoneySchool — my free 7-day email bootcamp to get you started.
I’ll be honest, I’m over 30 now. But I began Money Under 30 and continue writing especially for younger adults because when I was in my 20s and struggling with money, resources like this didn’t exist.
In 2003, I graduated from Bates College — a small liberal arts school in Maine — after which I moved to New York City and became an editorial assistant at SmartMoney, a monthly personal finance magazine published by The Wall Street Journal. If you’ve ever read or watched “Confessions of a Shopaholic”, that was me, except I was a dude who spent money on going out and taking flying lessons instead of lots of shoes. (And if you haven’t seen the movie, the character works at a financial magazine while shopping her way into crazy debt!)
By 26, I had no savings, no financial plan, not even a dollar of available credit. I was maxed out, stressed out, and fed up. I was earning $32,000 a year and lived in an 8×10 room in a rented house with three roommates. I was also $80,000 in debt. How did I get there? I wish I had a good story. Like I had spent two years traveling the globe, paid for a loved-one’s lifesaving operation, or lost it all in a card game. Alas, I had simply spent my way through early adulthood, ignoring the cardinal rule of personal finance: Don’t spend what you don’t have.
And so I used Money Under 30 as an outlet to write about money: my mistakes with it, but also how I learned to manage it well. I wrote, but I also hustled to pay off my debt. I got a second job at Starbucks. I found a higher-paying “day job”. Months later, I accepted a job back at my old employer for yet another raise. Meanwhile, this site grew from a hobby to a part-time business.
Today, publishing Money Under 30 is my vocation and my passion. It’s my sincere hope that I can help you learn to master your money, too.
David E. Weliver
Founding Editor, Money Under 30
Contact me here.
Some actionable posts to get you started
- How to save when you were born to spend
- How to pay yourself first (and why it works so damned well)
- 61/2 steps to financial stability
- No more budgets: A 4-part series on automating your finances and building a bulletproof money management system
- A month of saving: 31 tips to ignite your savings
- The big, fat guide to beating debt
- Should you pay off your student loans early?
- How to build credit for the first time
Stories for inspiration and motivation
- Why you should decide to earn more
- How to negotiate anything (even if you’re shy or afraid)
- How to start freelancing: Four steps to a successful second income
- When you should work multiple jobs
- 10 ways to demonstrate value to your employer
- Where to put your money
- The case for simple investing
- Your automatic investing plan
- How mutual funds can help you start investing
- 401k or IRA?
- 23 things beginners must know about saving for retirement
- Why you need a Roth IRA
- Renting is NOT wasted money
- First-time home buying guide (w/ links to more posts)
- How much house can you afford?
- A tried and true method for investing in rental property
- How do you know when you’re ready to buy a home?
Tools and resources
- Check your credit for free (really)
- Open a savings account: Get today’s top rates
- Online stock brokers compared
- Recommended credit cards
In addition to myself, Money Under 30 publishes works from our team of talented contributors which includes both veteran financial journalists and other 20-somethings telling their stories of making ends meet and striving to push ahead.
Money Under 30 has appeared in major media outlets including:
Here’s a list of links to selected quotes and radio/podcast interviews. I welcome interview requests and opportunities to speak to groups about personal finance or blogging.
In readers’ words
Here’s what some readers say about Money Under 30 in their own words:
Adam: “[T]hank you guys for all you do. As an undergraduate racking up tons of student loan debt, and someone who doesn’t have a great pedigree in money management, I’ve found the advice on this site a lifeline.”
Kelcie: “I’ve just subscribed, and I could not be more impressed…Thank you for making the subject of finances bearable!”
Bishnu “I love your blog. I have been reading for a few months now and your posts help me out tremendously. I managed to save up a little over $20k so far. I plan to continue saving… Keep blogging bro!”
Tom: “Your articles are awesome. I just used the LendingClub site I found on your blog to consolidate my credit cards. And I’m hoping to buy a house as well in 4-5 years and it’s SO expensive here in the northeast. I know your site will help with that goal. Thanks again.”