10 Simple Steps To Financial Security Before 30. Need to remember #8. Seize the Opportunities: Take Calculated Risks!!! Taking calculated risks when you are young can be a prudent decision in the long run. You might make mistakes along the way, but remember, mistakes are the lessons of wisdom. You often learn more from your mistakes than from your successes. Also, when you are young, you can recover faster from financial mistakes, and you have many years to recover.