Your 20s are the decade when you try to figure out life and learn from your mistakes. For many, it’s the first time they’re faced with dealing with finances completely on their own.
You may be taking out student loans or trying to pay them off. You’re learning to manage credit cards and pay your bills, and you’re entering the workforce. If you can avoid these 10 money mistakes in your 20s, you’ll be setting yourself up for financial security for the rest of your life.
0:00 Introduction
0:31 Spending more than you make
0:56 Not tracking your money
1:19 Not setting financial goals
1:50 Living off credit card
2:22 Not having emergency fund
2:53 Going into debt for Luxury ride
3:13 Not taking advantage of extra time to make money
3:37 Careless spending
4:01 Not taking calculated risks
4:28 Going into debt for wedding
5:09 End
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10 Money Traps To Avoid In Your 20s
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