Ahh the roaring 20s, a time in our lives where we attend all the parties, drink as much booze as possible, and live the most carefree lifestyle in the world!
As great as all this may sound, it usually comes with its consequences:
Yep, that’s right! The biggest one is being dead broke!
What’s even sad is that most youth would rather have a good time than invest their money on a lucrative venture.
If you’re tired of being broke in your 20s, here’s how to change your spending culture today!
Limit Your Wild Friends
As sad as this may sound, there are some folks you’ll just have to say goodbye to. Yes, I’m talking specifically about those individuals who always call you for crazy parties that leave you in a drunken stupor and penniless!
The more you limit the crazy friends you have in your life, the easier it is for you to save that extra coin for a rainy day!
Open A Savings Account
Apart from having a chequing’s account, it is vital that you have a savings account too! The benefits of a savings account are just mind blowing when you are in your 20s.
For starters, it helps you set aside some of the extra money that you would have gone drinking with!
Additionally, it makes you less susceptible to overspending when it’s unnecessary.
Talk About Business Ideas with your Friends
Always getting high together? Then why not discuss secure financial plans to keep the party going? I remember when I was in campus we opened a PlayStation joint after discussing it via a couple of beers.
What was really interesting is that we did it solely for making extra money to enjoy beers, but it ended up being a long-term venture. We made a stable income out of it during our university years.