Money Under 30
From Wikipedia, the free encyclopedia
 | |
Type of site | Personal finance |
|---|---|
| Founded | 2006 |
| Headquarters | Yarmouth, Maine |
| Area served | Worldwide |
| Owner | David Weliver |
| Founder(s) | David Weliver |
| Industry | Financial |
| URL | moneyunder30 |
| Current status | Active |
Money Under 30 is a personal finance website specializing in financial advice for young adults.
Money Under 30 was founded in 2006 by David Weliver, the website's editor.[1][2] As an intern at finance magazine SmartMoney, 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.[3] 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.[4][5][6]
In June 2023, XLMedia completed the sale of Money Under 30 back to its original owner for $675,000. [7]
Recognition
Information and advice from the website has been cited and reprinted in media outlets including USA Today,[4] New York Times,[1] Washington Post,[8] Forbes,[9] CNBC,[10] and Business Insider.[11] In 2014, Kiplinger named it one of the top money and finance blogs to read.[12] In August 2017, British marketing company XLMedia announced it had acquired Money Under 30 for $7 million.[13]