How to Invest in Your 20s | 7 BEST Places to Put Your Money

In this video, we talk about how to invest in your 20s that will help you to build wealth over time. There are many ways to invest in your 20s, but there are certain places to prioritize putting your money first. These are the investments and accounts that I have been making and using as someone who is 26 years old as I look to grow my wealth by investing early.

When deciding what to do with our money, we need to look at the overall financial picture. What debt do we currently have and is any of it high interest debt that can cost a lot of money to pay off? How can we set aside money in an emergency fund so that we have enough cash on hand to pay for unknown expenses? What are our options for investing in a retirement account and are we talking advantage of any company matching policies for free money? These are just some of the questions to ask and I go over all of these topics in this video.
With so many options and advice for what to do with our money in our 20s, I hope that this video is useful in generating some ideas for the many options that are out there!

*These offers are subject to change. The current offers are listed as of the filming of this video.

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#InvestingInYour20s
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DISCLAIMER: Daniel Braun is not a financial advisor and the opinions in this video are his own. This video is for entertainment and educational purposes only, it is not financial advice. You must do your own research and should talk to professionals before making any financial decisions for yourself. This description contains affiliate links where Daniel Braun may receive a commission.

[markplymale]

1. Crypto alt coins
2. LCID and RIVN stock leveraging margin
3. Random NFTs
4. Way OTM extremely short term calls on Tesla



😂😂😂 just kidding good list and video Daniel!

[stephen-finance]

Love that you pointed out that the accounts are not investments. I’ve heard some horror stories of people putting money away for years in 401ks and Roth IRAs not realizing that the money was just sitting in a money market account and not actually invested in anything, so they lost out on years of growth and dividends.

[anthonygardner]

Such an important video, Daniel. If everyone in their 20s and 30s followed this advice, there would be MANY millionaires thanking you in a few decades. 😊

[jdchav]

You mentioned on point 7 to invest in myself by learning, and I definitely feel like I’ve been doing that by watching your content.

[nicanzalone]

Inspirational video for sure, thank you Daniel. Talking about money in our 20s can lead to more people feeling empowered to make financial improvements. The more conversations and education, the more people one can help.

[InvestingNerd]

Some critical points here Daniel. The 20's are so important for building the foundation for your financial future.

[JacobKustra]

Let's go! Happy to see you're branching out of just credit cards! Gotta say of all of these are great but man is that emergency fund crucial! Great order too! One thing I would consider is potentially using some saved money for a FHA loan to get a duplex or triplex and house hack if you have some excess funds! Real estate is always a solid long term investment and who wouldn't love to live for free!

[CalebBaleFinance]

Nice, I didn't realize you are a fellow Big Ten Conferencer. I'm an OSU alumni so naturally I'll root on Penn State as long as they're not playing the wrong team lol.

Love the idea of investing in an HSA, just wish my own health plan had the option for the HSA. Maybe next place I work! You make some great points in here, Dan. Keep it up.

[ItsMeCJ]

Very solid advice Daniel. I have all of these as well. It’s crazy how many ppl take these for granted in their 20s and instead use what they should be investing or saving to travel the world or buy too much useless stuff. Great vid 👍🏾

[FinancialFreedomMadeSimple]

This is a great content Daniel. People, please take time to watch this kind of videos.

[len]

Love the information! Thank you so much! Will definitely be doing more research on the Roth IRA!

[maxstyne]

Currently entering my 20s. This video will be really helpful🙌

[OtherKindsofMoney]

Awesome video and great tips. A nice change from credit cards. I like how you reassured that high interest debt is awful since you do many credit card reviews. Good reminder for people

[-gunzki]

Yes sir emergency funds number 1. I hit a deer a couple of days ago and had to pay my deductible.

[billervin]

Just subscribed because I found out you’re a fellow Nittany Lion 🦁

[magikarplore]

Can you tell us who you open an account with for etfs and index funds?

[rickrjw]

A ton of great advice!! Although it could be more risky NOT to invest in crypto. Just saying…BTC and ETH are two of the best performing investments of the last 10 years. Allocating a small portion of your paycheque or net worth might be worth considering.

[ChaseYokoyama]

Instructions unclear I just put my life savings in Shiba Inu and I'm down -107% 😢

[minnienartanaid]

So recently, my employer switched the brokerage company that's hold our 401k from wells Fargo to principal and now I can contribute pre tax or after tax dollars. We have a 4% match so do you think that I should do all pre tax, all after tax or half and half?