Here are five money mistakes to avoid in your 20s that can literally cost you thousands. Sometimes it's tough to know what financial decisions are the right ones is the foundation of financial education, and some of the money scams can sound pretty convincing. Whether you're considering a whole life policy or whether you should lease a car, in this I will explain why both are bad money moves.
If you avoid these things you will have more money to do invest in the stock market, buy real estate, and live a life of financial freedom.
Timestamps:
0:00 5 Financial Mistakes To Avoid In Your 20s
0:14 My mortgage is too high
1:04 Avoid vehicle purchasing mistakes
2:50 Avoid whole life insurance
3:48 Don't take out unsecured loans
4:42 Never wait too long to invest
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
