Financial advice for those in their early twenties from someone in their late twenties

Financial advice for those in their early twenties from someone in their late twenties


In response to my last blog post, 74 Thoughts You Have Between Pay Days, a friend has offered some wisdom to us young folk (or just me?).

You’re welcome to take some of this advice, all or none. But just don’t say no one ever told you so (I am directing this last bit at myself, ha!).

Here is what he has to say…

After reading Alison’s blog post on the perils of monthly pay and the endless cycle of spending, I thought the thing she needed was some worldly advice from someone older (a little), more sensible (obviously) and richer (just). In the words of the great Cat Stevens: I was once like you are now, and I know that it’s not easy. Who’s Cat Steven’s you ask? If you don’t know, ask your parents. Or just Google it, whatevs. Did I just use the phrase ‘whatevs’?

Anyway, I pictured Alison writing her blog post. It was probably towards the end of a weekend and she was reflecting on the unneccessary shopping spree she treated herself to, the fact she had been out for every meal and the taxi fare she generously opted to shout everyone. She was clearly licking her financial wounds.

Here are a few facts that I needed to know when I was 23 and broke:

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