Establishing good budgeting habits is the piece of advice I would give to someone in their twenties.
What is your best financial advice for someone in their 20s?
- Thread starter freelancermaria
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Developing good budgeting habits is a key step towards achieving your financial goals in the future. Although it may not be easy to get started, with time and practice, you will become more comfortable with the process. Remember, consistency is key to success so stay focused.
Yean, and you also just have to be persistent with it because, as time goes by, you will just get used to it and do it naturally.
it will be good for them.yo know that you need to have a solid source of income and spend wisely
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That is correct. It will not be a chore anymore as you get the hang of it.
Start saving as early as possible. With compound interest, your wealth will grow substantially when you get older. Learn about investment and know your risk appetite. Seek advice from experienced investors.
Avoid frivolous spending and prioritize saving while actively seeking opportunities to invest your money.
