15 People Reveal Financial Tips And Advice They Wish They Knew In Their 20s

List Rules
Vote up the best financial advice you wish you knew earlier.

Thanks to these nice people and their eye-opening stories, you might have a leg up when it comes to financial advice for young adults. Try not to commit any financial faux pas and make the most out of your 20s. Here's what to know about money before you're thirty.


  • 1
    7 VOTES

    Find A Good Financial Advisor

    From Redditor u/WatchTheBoom:

    You're never too young or too poor to talk to someone about your finances or your financial goals.

    This is literally why financial advisors exist. It's not just a rich people thing. Their job is literally to help you figure your stuff out and understand how to be smart with money.

  • 2
    9 VOTES

    Don't Go Out Unless You Have A Budget

    From Redditor u/Hghwytohell:

    Sync up all your bill/rent payments to the same time of the month so nothing surprises you.

    Know before you go out to a bar or restaurant or shopping how much money you're willing to spend based on how much you need until your next paycheck. Building a monthly budget helps a ton with this. Use an app like Mint, or any number of free spreadsheets you can find online.

  • 3
    6 VOTES

    Budget To Have Some Fun

    From Redditor u/Kara_S:

    Budget for a little bit of fun, not just university, rent and savings.

  • 4
    6 VOTES

    Apply For The Right Credit Cards

    From Redditor u/Hghwytohell:

    Do your research before applying for a credit card. Look into rewards, interest rates, or other fees. For instance, if you travel a lot/want to travel more, consider a card that offers miles rewards. Don't just take the first offer that comes in your mail.

  • 5
    3 VOTES

    NEVER Opt For Overdraft

    From Redditor u/Hghwytohell:

    Unless it is a dire emergency, never ever opt into overdraft. There's nothing worse than being broke for days, finally getting your paycheck, and losing hundreds of dollars because your bank charged you overdraft fees.

    Don't delay filing your taxes, getting an extension still means you have to pay late fees.

  • 6
    3 VOTES

    Look Into Indexed ETFs

    From a Redditoru u/codymiller_cartoon:

    Invest in indexed ETFs.

    they're not sexy like crypto, but they're safe/stable and will allow you to combat inflation eating the purchasing power of your money at a minimum, and maybe even grow your money beyond that at best.