Money Under 30 is a

personal finance Personal finance is the financial management which an individual or a family unit performs to budget, save, and spend monetary resources over time, taking into account various financial risks and future life events. When planning personal fi ...

website specializing in financial advice for young adults.

History

Money Under 30 was founded in 2006 by David Weliver, the website's editor.Lisa Prevost
"Millennials Investing in Rental Properties,"
''

New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid d ...

'', November 20, 2015. As an intern at finance magazine ''

SmartMoney ''SmartMoney'' was ''The Wall Street Journal''s magazine of personal business. The finance magazine launched in 1992 by Hearst Corporation and Dow Jones & Company. Its first editor was Norman Pearlstine. In 2010, Hearst sold its stake to Dow Jone ...

'', he observed that the financial advice was geared toward people with large portfolios, and there wasn't much available for young adults seeking basic financial advice. He initially created Money Under 30 as a way to document his efforts to recover from his own problems with debt, by working two jobs and minimizing his living expenses.Anne Godlasky
"How to get your financial house in order,"
''

USA Today ''USA Today'' (stylized in all uppercase) is an American daily middle-market newspaper and news broadcasting company. Founded by Al Neuharth on September 15, 1982, the newspaper operates from Gannett's corporate headquarters in Tysons, Virgini ...

'', May 15, 2013.

Recognition

Information and advice from the website has been cited and reprinted in media outlets including ''

'', ''

Washington Post ''The Washington Post'' (also known as the ''Post'' and, informally, ''WaPo'') is an American daily newspaper published in Washington, D.C. It is the most widely circulated newspaper within the Washington metropolitan area and has a large nati ...

'', ''

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...

'',

CNBC CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk sho ...

, and ''

Business Insider ''Insider'', previously named ''Business Insider'' (''BI''), is an American financial and business news website founded in 2007. Since 2015, a majority stake in ''Business Insider''s parent company Insider Inc. has been owned by the German publ ...

''.David Weliver
"This Simple Mind Trick Will Make Saving Money Easy,"
''

'', April 3, 2014. In 2014,

Kiplinger Kiplinger ( ) is an American publisher of business forecasts and personal finance advice which is a subsidiary of Future plc. Kiplinger Washington Editors, Inc., was a closely held company managed for more than nine decades by three generations ...

named it one of the top money and finance blogs to read.Cameron Huddleston
"10 Top Money and Finance Blogs You Should Read,"

, February 18, 2014. In August 2017, British marketing company XLMedia announced it had acquired Money Under 30 for $7 million."XLMedia Buys www.MoneyUnder30.com for USD7.0 Million,"
Alliance News, August 14, 2017.

Services

The website compares financial services and offers advice on paying off debt, credit cards, student loans, mortgages, banking, and buying cars, and addresses such issues as common money mistakes and money saving strategies. It also offers a weekly newsletter and a seven-day course, MoneySchool, teaching basic finances. It caters to young adults who need help understanding the basics of personal finance.

References

External links

*{{Official website, http://www.moneyunder30.com/
Prop Money Info
Finance websites Internet properties established in 2006 Companies based in Cumberland County, Maine Financial services companies established in 2006