Show notes
Don’t spend more than 30% of your income after taxes on rent. In fact, split your income 50-20-30. That means 50% goes to rent, food, and transportation altogether, 20% goes to savings, and 30% on what you enjoy. Or what about diving head-first into credit cards? Your parents might tell you it’s an excellent way to build your credit, but that’s only if you’re responsible with that magic plastic card. If I could go back in time and talk to myself at age 22! Not to sound like an “old guy dishing out all my wise advice to the youngin’s – heh heh,” but if you can still avoid some common money mistakes people make in their 20s, you’ll be doing yourself a big favor!Other videos you might like:10 Mistakes Lots of People Make When Buying a New Car • 10 Mistakes Lots of People Make When ... 12 Things to Avoid If You Want to Become Rich • 12 Things to Avoid If You Want to Bec... 8 Habits Poor People Do And Rich Don't • 8 Habits Poor People Do And Rich Don't TIMESTAMPS:Trying to keep up with the Joneses 0:25Buying an expensive car 0:53Over-spending on rent 1:32Moving to the big city 2:07Overspending on food 2:33Diving head-first into credit cards 3:05Not caring about your credit history 3:37Not planning for retirement 4:19Not taking student loans seriously 4:59Ignoring insurance 5:51Cutting financial corners in all the wrong ways 6:20Avoiding calculated risks 7:08Not discussing money issues with your significant other 7:40Getting pets 8:23Impatience 8:54#money #moneymestakes #brightsideMusic by Epidemic Sound https://www.epidemicsound.com/Subscribe to Bright Side : https://goo.gl/rQTJZz----------------------------------------------------------------------------------------Our Social Media:Facebook: / brightside Instagram: / brightgram 5-Minute Crafts Youtube: https://www.goo.gl/8JVmuCStock materials (photos, footages and other):https://www.depositphotos.comhttps://www.shutterstock.comhttps://www.eastnews.ru----------------------------------------------------------------------------------------For more videos and articles visit:http://www.brightside.me/ Learn more about your ad choices. Visit megaphone.fm/adchoices