I had an interesting conversation recently where the topic revolved around a person expressing how the age range of 20 to 30 is your time to try as many things as you can to earn an income and that by 30 you are kind of too old to not just settle down by then on one thing only.
I was having a debate with him about this as I don’t see what age had to do with it as I believe it had more to do with your circumstances and what you really want. Does anyone ever truly quit exploring ways to generate money? Even if you are doing very well you should still find ways to do more in my opinion.
The number one reason that I was told on why by 30 you should just settle down is due to marriage/family reasons as you need the financial stability to sustain one and that people’s “biological clocks†are ticking which means you shouldn’t be in that risk taking mentality anymore. I would think just by looking at all those family owned businesses would say otherwise.
If age does limit anything when it comes to financial exploration, in my opinion it’s that it restricts you in terms of the type of approaches you can use to achieve a goal. That doesn’t stop you from exploring still and being able to reach the same finish line though.