Money Mistakes To Avoid In Your 20s
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- čas přidán 26. 08. 2024
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For anyone wanting to save time:
1. Not understanding student loans
2. Not budgeting
3. Buying unnecessary things
4. Not having a retirement fund
5. Not investing
6. Not paying off your credit card straight away
7. Avoiding/not asking for help
Thank you homie
thank you!
Thanks for the recap for future notes/revisit! :)
girl pulled out the business blazer for this video and i'm so here for it!!
Ooo she means business~
I'm 25 and slowly starting to realize how much TIME IS THE MOST IMPORTANT ASSET. YES JENN!
youll never get time back but money you can!
Time is the only non-regenerative asset! Take advantage of it!
So true. Life is but so long. Money is just meant to be traded for stuff while loving this life. So many lower income people just makin it. Theres no need to be selfish enough not to look out for other poor folks
Can’t agree more!
yes to financial literacy!! it’s so important to learn these things at any age
100% I wish I learned it earlier too!
I'm 22 and so grateful to have you as a virtual big sister to help me through financial literacy :))
When you find out your favorite CZcamsr watches your videos too 😍
when you find out your 2 favorite CZcamsrs are watching each others videos🤣
Ahhh! I'm squealing! Thanks for being such an amazing resource here on YT! x
🤩 Two of my favorites! Rose and Jenn.
i love that so many people are getting into talking about finances! it’s so important and something the generation before us did not teach!
Agreed! (:
I think of it as they were still learning too. They had 401k, investments, risk not much as we have nowadays. Most of them didnt know what they were doing, its the same as us. But its nice to have some people educate us all on these.
Also in our world, mindset is different with age... i was in the same boat as jenn i was 25 when i started saving. I wish started sooner but my mindset was not with money but instead traveling and having fun etc. But its never to late no matter the age... at least you start.
I’ve been going by the 70/30 Rule. 70% of my income is for necessities and bills, and the remaining 30% is for savings, investing, and emergencies.
That's amazing to hear. Thanks for sharing, Kevin!
My previous boss taught me this
We stan our queen. She is glowing!
Aww thank you, Winnie!
Gorgeous 😍😍😍😍
I never clicked so fast!!! 🙏 Paying off my student loans in 3 years was the best feeling ever. I'm officially debt free as of last month! 🎉 Thanks for the great tips Jenn!
CONGRATULATIONS! I'm so proud of you, Andrea! x
Loooove how you have transitioned from fashion to an overall lifestyle guru. Love seeing the growth, Jenn! 😊
I’m 20 and I’m grateful to use this advice for the rest of my 20s 🥰
can you do how you bought your first home, splitting home expenses with a partner.
I don't think she splits expenses with her partner. Looks like she is the bread winner and he helps her with her business.
@@marklanger7965 Ben might not make as much as Jenn. But he is hardworking and has his own career.
Jen her financial situation in regards to this is also very different. She makes amounts of money that aren’t comparable to what the average adult makes. I think buying a house was much easier for her and Ben than for most people.
love Aja Dang and her content!! please make more “adulting” videos like this please love to hear more from you on this as well 😊 thanks Jen!
I’m 25 and trying hard to save money and being conscious on what i spend… thank you so much for your tips😍😍
avoiding buying unnecessary things is something i realized only when the money was gone from my pocket, but we're wiser now and on the path to compensate for the loss
it was very pleasing that the intro color coordinates with your eyeshadow
Heheh! I love a good co-ord!
I don’t know if it’s done on purpose but she is sitting in front of a door (porte in french) while talking about porte (her sponsor) ! :P Great video :)
OMG! I had no idea....
I‘m about to turn 20 and I‘m so grateful to able to look up to someone like you and hearing all these life advices at an early age! 🥰
Compound interest over time is HUGE. Investing $300/month starting at age 25 can become $450,000 by age 65. Investing $600/month starting at age 40 will become only $350,000 by age 65 ($100,000 less!!!). Even though the older person saves twice as much, they can never make up for all that compounding interest!
This video is SO important, women do not talk about money enough. THANK YOU JENN!
Me watching this at 29 👀 and working to do better financially
Same here 🙋🏾♀️
Same
Me too!! I actually started watching "sinking funds" on youtube. They can get addicting. One day a video just popped on my feed and a few months in and im hooked.
jenn looks like such a boss lady in this vid 🔥
Thanks Maggie! x
Learning about money is for everyone. It’s a tool to get you to live the life you want to live.
Absolutely!
I definitely need to learn to be more financially literate, so thank you for offering these resources! ♥️
Ahh of course! Thanks for watching, Zoe! x
as a 22 y/o with terrible money habits, thank you for this video Jenn! 💛
Can we please talk about how professional, comfortable and pretty Jenn's editing is
Thank you for the recommendations, Jen! I'm 26 and in tons of graduate school debt, so need help to figure my finances :)
Thank you for watching, Anne! You got this! x
Pregnancy makes you glow mama😍😍😍
I just started a new job and am so glad to have someone explain financial literacy so well!
im 18 yet these days I have been looking for lifestyle/financial videos that will be beneficial for me in the future. I am OBSESSED with your videos Jem; they are super helpful and so worth watching :)
It's never too early to think about retirement, the sooner the better.
i read both books that u mentioned Jenn, excellent books. Thank you for sharing
I agree! Budgeting is hard because it really forces u to be honest w ur spending habits. Just made a spreadsheet last week and I'm never going back! 👍
Yesss! That's amazing to hear!
"I will teach you to be rich" by Ramit Sethi should def be on that book list as well. He explains investing so simply and his book is what finally got me started
Yesss thank you so much for this short and educating video🤍💸 Lots of love from Germany!
Aww thank you for watching! x
@@imjennim 🤍🤍🤍
jenn you have such good timing i’m turning 20 in a few days here😭😭🤍 thank you!
I'm also turning 20 and the anxiety is real so this helped!
Eeep! Happy early birthday! x
@@imjennim hi queen!! thank you so much
@@imjennim Thank you!
i love seeing videos like this!!! currently in my 20s and definitely trying to be cautious lol
PATRICIA BRIGHT is also amazing for financial literacy!!! she used to be an accountant and was pretty successful as one. her videos are also really fun to watch, she’s so passionate!
yes this is so helpful! hopefully more people, especially young adults become more proactive with their financials. it's one thing to save, but another thing to be smart with money!
“Wolf on the Wall Street” is my favorite thing. Adorable. 🥺
Ugh YES. For some reason, schools (and many parents) don’t feel a need to teach high school/college age students anything related to finances. I’m 20 and just now trying to figure out how to even budget effectively.
May i suggest looking up "sinking funds" on youtube. They have helped me save money i use to over spend. They can get addicting to watch as they can be asmar lol
I'm about to start my job and start earning money and this video came at the perfect timing. Thanks Jenn
These tips are actually insightful and helpful!
Definitely will be incorporating some of this esp retirement savings and limiting impulse purchasing on my phone.
Ugh the student loans. My biggest financial regret EVER.
just wanted to say i love u and ur works, i am sad but also happy just found your videos. u r much older than me and i feel like u r a really good resource for life guideline (idk if that makes sense😅😂) after spent couple hours watching ur video makes me inspired to do my task, be more positive person, and makes me feel normal again, thanks♥️
p.s. i'm not an english speaker, sorry if my comment just doesnt make any sense🤪😅
Life opening that I gotta do something. I’m 23. ❤️ thanks Jen
I've never learned ways to use money properly and efficiently until I'm enough 23 years old. Thank you so much for your sharing Jenn. I would love to see as many financial videos as possible from you. Love Jenn
I literally turn 22 tomorrow, thank you for this! 🥰
Advanced Happy birthday 🥳!!!
Happy birthdaaaay:)))
Happy early birthday, Olivia! x
@@imjennim EEEEK Thank you so much 🥺♥️
Happy Birthday 🥳🎂
Thanks so much Jenn for this video and I'm 27 need start thinking so important.
One is stuck playing the impassioned protagonist in one’s Subjective Narrative of Self 🎈
I'm 25 and this surely helps me a lot 🥺🧡 thanks Jenn!
watching this at 23 n taking notes 🤓 ty jenn!
Hi Jenn! Thank you so much for sharing about finances ! Would you mind to make a student version one as well? I'm 19 and starting uni soon, I don't have an income but wanted to learn about finance & investments so maybe I could start earlier to prepare for retirement or financial freedom, was wondering if you'd make a video about finance/investment advices for students?
Love from Malaysia
Thanks for sharing valuable info like this.
yess, my parents are hooking me up with their financial advisor, can't wait!!
AMAZING!
That’s such a great support 😍
Don’t spend more than what you earn on your credit card to ensure you don’t go into debt. To build credit, put everything on your card and pay it off on time every time (you can usually set up an automatic payment from your account so you don’t have to worry about it) that way it shows the bank you’re responsible with you money which will build your credit score
Liked the video before it even started. Love you, Jen! ♥️
thank you Jenn for always providing great insights in all of your videos!
Love love love! I’m now learning this stuff, and I’m in my 30s, so great advice to give to your audience. Thanks for the YT recos too
I love Aja Dang!! She was the first person to get me started thinking seriously about how I'm spending my money
love this! we need a longer video!
Can you do GRWM next time? Really want to see how you do your makeup.❤
This is so important. Thanks Jenn. 😊
Thank you for caring about us Jenn 💕
Great video & loooove the aesthetic/editing ✨
GRAHAM STEPHAN is literally one of my favorite youtubers
Appreciate you for always sharing great learnings from your 20s Jenn! Growing up with you has been a joy 💘
Highly recommend the book "I'll Teach You to Be Rich" by Ramit Sethi - Changed my life! Wish I read it in my 20s.
I agree with all of these, especially No. 4 (starting a retirement fund account). I started my retirement fund account at 17 years old because once you're retired, you're not earning any active income and you have to rely on retirement funds and savings, and if you have passive income (investments - trust funds, stocks, forex, etc), then you will be in a much better position. Also, you do not need a lot of money to invest, as long as you have a bit of money, INVEST IT.
Love your outfit and your advice. Thanks for sharing this sweetie.
This helps a lot! Im almost done with paying off my debt now! Plus I was able to pay off my previous school debt too. Thanks Jenn! I was able to pay off my student debt within 1 year.
I loved this video! Thank you Jenn!
Thank you for sharing your tips 😊
these are super helpful tips, financial freedom and independence is super liberating! thanks for motivating me to keep going and making videos jenn!!!
waiting a few days before purchase to think about it makes so much sense! thanks so much jenn :)
such a good conversation to have! starting early is so important :)
Yess! Start now!
This is great advice. I’m going to apply this to saving.
Wish this one was a longer video!! Thank you
It's definitely great to ask for people's opinion for any finance help; it's super useful! And thanks for sharing which CZcamsrs talk about finance, I'm looking into investing so this will definitely be useful!
*i just turned 24, but my soul is like...1000 years old. Anyone else here really really mature for their age?*
Waiting for graham to do a reaction video to this now haha
You are a smart girl Jen, that’s why love you. X
OUR OLDER SISTER WE ALL NEED!!!!!!❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️
Love jacket Jen! I need to know where you found it! Love your shoutout to Graham!!!
Loved this video ❤️❤️ super interested in finance
SHE'S SO BEAUTIFUL
We love you Jenn💅😌
Totally!
Student loans are okay if you actually have a plan to pay it back in your career. Like those who go to medical school and will become doctors (keep in mind medical school is expensive too). 🙋🏻♀️🤷🏻♀️
Yes, agree
Love this video and also love your serious outfit look!
you have brilliant speaking skills
I ordered the book you are badass at making money and now Jenn's video blessed 😄❤️ have a great day 🌻😊❤️ take care 😊❤️❤️
Absolutely love this! Financial literacy is so important
Jenn is my go to online sister, sharing her experience.
WE NEED GRAHAM STEPHAN TO REACT TO THIS VIDEO
Say it with me - you don't need daily boba/lattes/Starbucks. Invest that $35 weekly into an IRA or other registered growth account.
Love this video! So helpful
thanks for this!! ❤😍
My 20s are saved by u 💜💜💜
Eep! Happy to help! n_n
Omg! Im reading Think Grow and Rich currently! Its an amazing book! All about manifesting :)))
This was so informative!
Omggg, you watch Graham as well!! He's literally my favorite financial youtuber ever. Would be so cool if you guys did a collab.