The Top Money Mistakes People Make in Their 20s
Entrepreneur's New Year’s Guide
- Debt denial. You should not sweep debt under the rug, instead you should concentrate on paying debt off gradually.
- Not investing. Despite what method you choose to use, simply start the process and familiarize yourself with the options
- Avoiding smart risks. Rose notes that too many young people opt to simply hold their money in cash, which will limit your bank account later in life.
- Failing to make big goals. Rose points out that failing to make big goals is an unwise move for young people, simply because they have so much time ahead of them to build savings and returns.
To hear all of the money habits 20-year-olds should try their best to avoid, click the video.
Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.
EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.