A lot of things are going through young people's minds. Am I financially secure and stable, can I stand on my own and be independent, am I on the right path to success? So many unanswered questions.

In Nigeria, by age 30, though not everything will work out fine and it's not a must to have gotten most things right about money, finance and life in general, you should have attained a level of financial success which can propel you to reach higher financial achievements.

Here are financial milestones you have to hit before the age 30

1. Be used to having a budget

By age 30, you should already be used to budgeting and also able to track how much money you make and spend.

Set goals based on what you earn and how much you spend, creating a spreadsheet will definitely help with this.

So if you wonder how you spend money monthly, it will give you the right answers.

2. Have savings in case of emergency

Young people tend not to save for their future, taking every day as it comes.

You are not too young to have an emergency saving. Before 30, you should have a savings account for emergencies, which should be separate from your normal savings account.

Situations can arise and you'll need money so urgently.

3. Retirement plan

You shouldn't feel you are too young to have a retirement plan.

The earlier, the better. Start saving towards retirement. Of course, you can't have enough of money by that age to fall back on when you are retired but start with the little you earn.

Before age 30, you should have a retirement plan.

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4. Quitting impulse buying

The earlier you stop the habit of buying on impulse, the better. When you are getting to your 30's, you need to understand that money can be your servant, only when you have it.

Start thinking about things deeply before you go all about buying unnecessarily.

Remember, buy what you need, not what you want.

5. Financially independent of your parents

No doubt parents want to help when it comes to money matter, which is not bad but do not make it a habit to always run to them whenever you are in financial crisis because you would not break free from them financially.

You should learn to be financially independent before you get to this age.

I am not in any way saying you shouldn't go to your parents for favours but going to parents for money should be the last resort and you should make it a must to refund the money when you are out of financial crisis.