If you were to go back in your 20s, what financial advice would you give yourself?

Make all you can, you will need it! ... :coffee: ... Love your money, treat it well!
Play close attention to Mayberry RFD. Except for Barney. Treat your $17 can
of coffee as irreplaceable.

Give him dusting jobs around the house and $5 and hour. Raise him right.
 
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I'm not sure how or why I knew but saving for retirement was important to me, when 401(k) plans were introduced I knew I wanted that. The company I was working for didn’t have any kind of retirement plan, eventually I started advocating for a plan and put my job on the line, either they implemented a plan or I was leaving. It worked, they started a 401(k). Then when another business started courting me I made the same demand, only way I would work for them is if they put a retirement plan in place, and it worked again.

Regardless, my advice to my 20 year old self would be save more, party less!
 
HoneyNut said:
Maybe just tell your own stories to them about what you wish you had done, or what you were glad you did. It is really hard though because it seems like the world has changed drastically for young people and our experience is not as relevant.
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Revelency is the condition of the Cell Phone in 2025. If you upgrade you may get one free. ... :coffee: ...
 
I Will Teach You to Be Rich, by Ramit Sethi, is the best book I have ever read about personal finances. When I read the first edition, I was amazed and immediately gave to each person who asked me to make a budget for them and teach them how to do it. The younger a person is who reads this book, the better. (not including children)

In my former life, I was a cost accountant in charge of making budgets for millions of dollars for television shows.

Here's the link for the book. It has 22,181 ratings on Amazon, averaging 4.7 stars. The most important thing about this book is that it teaches readers how to be in control of their finances, including investing and savings, especially for retirement. If making more money is important, it has ideas for that, and Mr. Sethi has more on his website (although a lot of that is in-depth getting rich classes that cost money.

https://www.amazon.com/Will-Teach-You-Rich-Second/dp/1523505745
 
Same thing my parent told me, "Save all you can" "Never spend money you don't have"...

It took me a long while to learn they were right...! Life has been good since I figured it out!
 
Going back 20 years I was 10 years into retirement, I'd tell myself keep doing what you are doing, you will live comfortably & be debt free.
 
I wouldn't have listened to my older self because I was enjoying life and that is important too.
 

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