5 WORST Money Mistakes To Avoid in Your 20s

Young Smart Money

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4y ago 14:11

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These are the Top 5 WORST Money Mistakes to avoid in your 20s. If you can avoid these money traps as a college student and into your 20s, you'll be able to set yourself up for long-term financial success. Enjoy!

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In this video, I'll be breaking down the 5 largest mistakes that I see people in their 20s making on a regular basis. While I was a college student, I saw tons of my peers falling into these money traps and severely hurting their finances from a few simple mistakes.

Fortunately, it's very easy to avoid these mistakes and instead form good financial habits in your 20s. By the end of this video, you'll have a blueprint you can follow for how to be good with money in your 20s and beyond!

If you have any additional money mistakes you think I missed, or you disagree with any of them, let me know in the comments! I'm always curious to hear what you think :)

TIMESTAMPS

00:00 - Intro

00:30 - Not Taking Risks

02:09 - Buying A New Car

05:01 - Burning Through Savings

07:43 - Living Above Your Means

11:05 - Not Investing

13:50 Outro

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