Everything You Need to Know About Finances in Your 20s

Everything You Need to Know About Finances in Your 20s

Let’s make sure you’re on the path to financial success - then help you stay there!
The Money Guy Show takes the edge off of personal finance. We’re financial advisors that believe anyone can be wealthy! First, LEARN smart financial principles. Next, APPLY those principles! Then watch your finances GROW!

We can’t wait to see you accomplish your goals and reach financial freedom! New shows every week on YouTube and your favorite podcast app. Thanks for coming along on the journey with us.

[daviemanuel]

I wasn't financially free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made. Great video! Thanks for sharing!Very inspiring! I love this

[martinzugschwert]

I am 24 now and I've been saving every penny I can get my hands on since I was 16! Been maxing out my Roth IRA every year since 18. I appreciate your podcast and all of your pragmatic and encouraging advice 😄

[michiganabigail]

I haven’t had an easy experience healthwise since I was 16. I got cancer, fell 70 feet off a cliff, had a psychiatric emergency in the pandemic, and got in a car crash with a drunk driver this past summer. I’m not going to be without health insurance for even one month when I age out of my parents’ insurance!

[joshvoigt]

I'm about to turn 27, and due to immigration hold ups after graduating college I'm only starting my wealth building journey now. Episodes like this give me a hell of a lot of confidence that it can be possible, even if I'm behind where I'd like to be. Thanks guys!

[moneyAndSavings]

This is definitely one of the best shows on money that I have found on YouTube. Thank you so much for sharing your expertise and insights with us❗❗

[co]

$6, 500 is the new amount for the Roth account contributions

[Hermdognation]

Great video! thanks.
Any advice for heading into my thirties?

[julie]

I wish I knew your channel when I was in my 20s. Just want to thank you for creating this wonderful content. It's so reassuring to listen to you, especially in such a volatile market.

[drewclements]

3 things that bother me about that reel is that it took 15 years to go from 1 mil to 2 mil... Not realistic because it assumes a 5% annual gain over a 15 year period... Also why wait to 65? 59.5 is when you can start. It also neglects to mention that you can save in a taxable account and leave earlier if you'd like.

[daizzz]

I would love if you guys could do an episode on savings and investments for families with a stay at home parent and how much you should try to save/ invest/ and aim for as a couple. I went from working to being a stay at home mom after having my baby while we are still investing and putting away 20% is that enough for two people?

[Kalani]

I am sharing this with my 20-something year-old family members! They need it! Haha

[jaredbills]

Wish I had this analysis in my 20s. Turning 33 this year and feel I'm far behind. It's just been tough with moving costs, rent increases, inflation, job changes. Ugh.

[ZZStripesJazzy]

I’m 20 still living with my parents. I want to learn more about finances because I feel so behind.

[np]

Since the formula does not literally represent the average or median net worth of that age, wouldn't a better name be something like "Moderate Accumulator of Wealth" or "Decent Accumulator of Wealth"?

[roysherwin]

Hi @The Money Guy Show, should I move my 401k + Roth into self directed? Fund is 0.42% vs an ETF like VTI 0.03% expense ratio. Thanks for the great content!

[RiseUpRenovation]

I'm 28 years old with a mortgage two car payments and three kids and own my own small business is this something I should do? Any tips and tricks would help...thanks .

[joshua]

Imagine if these guys did these talks at colleges and high schools around the United States would change, hopefully.

[greenlantern]

7 weeks into the new year and we're already running a clip show?

[vitalia]

Would be a great idea for same for people in 30s, 40s, 50s, 60s…

[tristangirod]

My average family member has died between 50-72, what should I do