7 Money Mistakes done by 20-Year old

Have you ever thought that how today's big entrepreneurs have there 20's?

They abandoned some aspects which impede for their future's goal.

So if you are in your 20 then strictly leave these following blunders:

1. No Saving: 85% of youngster do not save money. Rather than they just waste it in the rubbish. They do not save money which makes them suck after 20 years i.e in their 40's. In your 20 or less you are perfect if you leave rubbish and start saving. Only saving even is not advisable rather than investing your saved money will be like heaven for you in your coming life.

2. No budget: Many of youngster even older one doesn't even bother about this. But if you leave this thing then you will be one of them who blame for their fortune. There is no mistake in your fortune. The mistake is in yourself. So take a paper now write down your pocket money. Check where it is going. And make a budget now.

3. Student loans: What? We need not study. Obviously, No. The study is the best thing but wait... If and only you have financial education too. So, restrict student loans and start finding alternatives. And don't forget about financial education.

4. New bike: New bike is just an illusion. I rigorously suggest that if you had an old bike don't waste your everything onto a new bike. Instead of this save and invest money and make for your future.

5. Parting: If you thought that parting every weekend makes you refresh and energetic. Then you are fooling yourself because you are destroying your destiny. After 5 to 10 years that party doesn't make sense but at that time you and your family will suck. Your company will decide what type of person you are. How do you have 10 friends for a party but no one for a business partner?

6. Poor Credit: This is the best option. Ignore credit cards as much as possible. How can you manage a huge loan even you are not capable of earning even a single penny. Make sure you do not have any poor credit.

7. 100 Sneakers: Can you wear even 2 pair of sneakers.... Aww. Then why your shoe rack is full of sneakers? But those things which you need not which others are making the need for you. Instead but the stock of Nike or whichever brand you wear.

Ultimately, aspect is that save your money and put it in some sense. Live your life by opening eyes.

Comments

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