In this video: 7 Money Traps to Avoid in Your 20s. I talked about the common money traps young people like us face in our 20s. The best way to avoid these traps is to be aware of them. Share your ideas in the comment sections, on money traps you think people should avoid in order to gain financial freedom.

C H A P T E R S
00:00 - Money Traps to Avoid in Your 20s
00:45 - Spending Money On Things You Don't Actually Need
01:26 - Not saving at least 20 percent of your Earnings.
03:00 - Not paying down your college debt as quickly as possible.
04:19 - Spending too much on rent.
05:43 - Being wasteful about food.
06:37 - Inadequate health care coverage.
07:43 - Spending all of your money on Your wedding.
08:28 - Deciding on Buying a car or a house.
10:43 - Final Thoughts.

#moneytrap #money

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