8 Money Moves I REGRET Not Making In My 20s

Learn from my mistakes lol... here are the 8 money moves I REGRET not making in my 20s.

TIMESTAMPS
00:00 Intro
00:23 Choosing Friends
02:41 Ambitious Goals
03:43 Income Streams
05:31 Personal Development
06:57 Financial Boundaries
08:06 Investing Sooner
09:25 Cheap Education
10:33 Learn Budgeting

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***THINGS MENTIONED IN THIS VIDEO! 👀***

💫 YNAB (I literally can't live without this budgeting app, so obsessed)

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***BOOKS I RECOMMEND 📚***

I Will Teach You to Be Rich (hilarious how-to book on personal finance for millennials)

The Little Book of Common Sense Investing (Jack Bogle's classic advice on index funds)

InvestED (step-by-step, millennial-friendly advice on how to pick stocks like Warren Buffett)

Unshakeable (this book = courage. blast ALL the fears & misconceptions you have about investing)

Rich Dad Poor Dad (#1 selling personal finance book of all time... need I say more?)

Think and Grow Rich (the ultimate book on money mindset and wealth consciousness)

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***MY FAVORITE MONEY TOOLS 🖤***

YNAB (I literally can't live without this budgeting app, so obsessed)

Wise (like Venmo but for international currencies - I use this app a LOT for my life in Mexico)

Ledger Nano S (crypto storage hardware wallet, because "Not Your Keys, Not Your Crypto"!):

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DISCLAIMERS & DISCLOSURES ❤

This content is for education and entertainment purposes only. Rose does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.

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SAY HI ON SOCIAL! 👋🏼

[michelecolvin]

That you realized all of this in your 30s is amazing. I am in my 50s and just working towards being where your at. So give yourself credit for being where you are at now. Keep up all your awesome work.

[wealthhacker]

2:41 can totally relate to not having BIGGER goals. coming from a broke family I never knew how to have big audacious goals until I changed my inner circle

[bananabutterfly]

I'm 46, just learning how to budget! Youngsters, listen to her - on point! It's so overwhelming trying to learn this when you're older!

[lalalagra]

-Your friends determine your future > you'll likely adopt the spending habit of your friends

-Ambitious goals > you probably wont remember the random shit you spent in your 20s so spend it building up financial seeds that you'll appreciate in your 30s

-Build the right income > there are better income streams out there than your job

-Personal Dev > invest in yourself since 'You' are making your money. Invest in yourself

-Set Boundaries > be careful about lending/contribution to friends/fam

-Be careful of debt

-Invest earlier

-Budget earlier

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[billashby]

Never ever co-sign on a loan, 95% of the time this will end in heartbreak!

[NicolaWinters]

I can relate to this so much. I’m also in my early 30s heading towards mid 30s and I wish I had worked on different income streams earlier! Thanks for an awesome video!

[BlackVenom]

you’re the older sister i wish i had. i’m glad i found your channel! i’m in my early 20s and try to learn from financially educated people like you

[Constellasian]

It's true that some of the most significant life events take place around the age of 35 or younger, but late bloomers like myself aren't doomed. Like some mentioned here, I also grew up poor as hell. I didn't learn about the importance of investing in assets until I was 33, and didn't take it seriously until my late 30s. I got lucky for the most part, but my net worth skyrocketed when I got serious and began buying more properties and other income generating assets.

[calmwithirene]

Love the first one about choosing our friends. The tough thing is really not sure how to find those friend groups, even in a largely populated city like NYC.

[zakkrick]

In my 20’s I started my 401k, now I have up 200, 000. I ask my coworkers that started working with me at this work place at the same time. He didn’t know anything or no one told him about the 401k plan. So he has nothing save up to this day because he spent as he went all these years. And there’s another coworker that worked with us but he started in 1995, but he never started a 401k plan and didn’t know about it, now he’s kicking himself because he’s a lot older now. 401k is not like the stock market but it’s good to have it when you retire. Now looking back I’m happy that I started the 401k sooner than later

[Krsna]

Really great video thanks for always posting great videos rose.

[sachikojt]

I love the momentum of your videos and how you keep it real with where you are at with your life ❤️

[faqu]

THANK YOU ROSE FOR THE GREAT CONTENT! YOUR HAIR LOOKS GREAT AS WELL!!!

[VIKA_]

So useful thank you so much! Not only that but all the info in your description is a gold mine 🙏🏻💗💗💗💗💗

[kirklugg]

Show me your friends and show me your future, you said it right rose, this really resonate with me .and thanks for sharing the three types of income (1)job income (2)investment income, and (3)business income. Trading time for money is never the best way to earn money, and be heavily taxed. Multiple income streams is the greatest way to go. Thanks a million rose for this excellent, encouraging, informative, and well-informed interesting video.

[AngelChaeng]

as someone in their 20's, I am so grateful for your videos

[deltonlomatai]

Having a mentor or parent help with those choices is always good. Thank you for your insight.

[rodneyjenkins]

Luv the comment about Landmark forum. Great transformative experience!

[dennisdouglas]

Hi Rose. You are so right about association's.

[eek]

"Your finances will always reflect what's going on inside.."
This is so true. My health and wellness was so bad which led to me overspending and developing bad financial habits. Therapy and reading improvement books did wonders. Put in the effort to improve yourself and it will show in every area in your life.