1 Holding too much cash and not investing for years. Time is on your side and the earlier you start compounding returns the less you have to save over the long run. 2 Spending too much of your money to prop up someone else's education or lifestyle. Friendships and relationships don't last. Especially ones formed in your twenties. I've seen friendships dismantled over a couple hundred dollar loan. It's good to be generous, but you need to be investing in yourself at this stage of your life.
8 Financial Mistakes Made by 20-Somethings
8 Financial Mistakes Made by 20-Somethings
8 Financial Mistakes Made by 20-Somethings
1 Holding too much cash and not investing for years. Time is on your side and the earlier you start compounding returns the less you have to save over the long run. 2 Spending too much of your money to prop up someone else's education or lifestyle. Friendships and relationships don't last. Especially ones formed in your twenties. I've seen friendships dismantled over a couple hundred dollar loan. It's good to be generous, but you need to be investing in yourself at this stage of your life.