Although some people can experience financial breakthrough at different ages in life, some do so at 25, 30, 35, 40, and 50, respectively.
But in my opinion, I think that one is not still supposed to be in financial crisis at age 30–35. I mean, at age 30, one should be in a financial state where they can fend for themselves and their family if the person is married. The person is supposed to have had at least one or two financial sources that they can always see as reliable sources of income.
It's always wise and profitable to start saving and investing at a young age, like 18 years old.
Getting somewhere stable by 40 should be the new norm. I mean a lot of people got a lot more stable before that, but 40 is the age where you are taking over the bigger age group at work, and that means you need to be at executive level give or take. That will go on until you are 50 to 60, and then you will retire and the new age group will take over, that's how it goes.
I think it is not that common for people to think that 40 would be where they can start looking for houses and cars and better life, they want to be able to do that earlier, but that's not possible in our new age, because wages are slave wages and we work from paycheck to paycheck without ever saving any. I am not like that heartfully thanks to crypto and my lovely boss, but 99% of the people I know are like that, most of my friends who work for someone ends up making much less than I do and living a much troubled life filled with debt and loans. That's a sad reality, and until 40 I do not think they will get any better.
I hear you on the challenges to attain stability by 40. Its a modern sign. Due to rising living costs and low salaries, financial freedom seems unattainable. Maybe we should redefine stability. Executive titles and six-figure salaries arent required. Debt-free, a decent emergency fund, and growing investments can ensure stability. The key is achieving a balance between lifestyle and income. The debt-ridden rat race? Never start late. Key is financial literacy. Money management, saving, and investing are lifesaving skills. Logging costs, automating saves, and finding passive income can alter everything.
Feeling defeated is easy, but positivity is powerful. Picture a life without paychecks to motivate yourself. Think about upskilling or a secondary gig. Proactive, not reactive. Its not enough to live until 40; you must thrive. If you hit the crypto jackpot or have a great boss, great! Whats left is playing the long game, making good financial decisions, and understanding that money should work for you.