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Optimal Finance Daily - Financial Independence and Money Advice

1050: 5 Personal Finance Mistakes To Avoid In Your 20s by Jess Chua with OLD Podcast on Building A Financial Foundation

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 24 January 2020

⏱️ 9 minutes

🧾️ Download transcript

Summary

Jess Chua with OLD Podcast shares 5 personal finance mistakes to avoid in your 20s. Episode 1050: 5 Personal Finance Mistakes To Avoid In Your 20s by Jess Chua with OLD Podcast on Building A Financial Foundation Jess Chua is a blogger and content specialist living in Southwest Florida. She is currently working on her first non-fiction book for introverts. She's always loved writing as it's a process that perfectly blends analytical thinking with intuition. The ability to write well also serves as a foundation for many other things in life. With clarity in thought comes clarity in action! Jess believes life has lots more to offer than boredom or misery. And nothing beats the deep sense of fulfillment from connecting with others via written expression. The original post is located here: https://oldpodcast.com/5-personal-finance-mistakes/ Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is where I read to the optimal finance

0:02.0

daily episode 1050, five personal finance mistakes to avoid in your 20s

0:08.0

by jest chua with old podcast.com.

0:11.0

And I'm Dan, I'm your host, and this is where I read to you from some of the best

0:15.3

personal finance blogs on the planet. Today I've got a post from Jeschua about

0:20.0

financial mistakes you can avoid in your 20s should be really interesting,

0:24.1

a little bit late for me but I hope it'll help a lot of you out there.

0:27.8

For now let's get right to it as we start optimizing your life. Five personal finance mistakes to avoid in your 20s by Jess Chua with Old Podcast.com

0:43.0

On personal finance mistakes to avoid.

0:47.0

As a slightly older millennial, there are certain things I wish I had done differently in my 20s. While you can technically afford to make

0:54.8

some mistakes in your early adult years, it's always wiser to learn from others' mistakes.

0:59.7

It's unlikely that anyone has made absolutely zero mistakes when it comes to their personal finances.

1:05.6

If you're able to learn from your experiences and commit yourself to clearly defined goals,

1:10.6

you'll be able to improve your finances and get a head start the earlier you dedicate

1:15.0

yourself to it.

1:16.4

If you happen to be below the age of 25, listen up because even though it may not feel like

1:21.4

it just yet, the big 3-0 is right around the corner.

1:24.7

You don't want to spend your 30s regretting what you could have done better years before.

1:29.0

Here are five personal finance mistakes to avoid.

1:33.0

One, thinking that following your passion is sage advice.

1:38.0

Depending on who you ask, doing what you love is often well-intentioned advice that's doled out when someone is

1:43.7

struggling to find their career path. In reality, both passion and purpose are

...

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