Dont spend more than 30% of your income after taxes on rent. In fact, split your income 50-20-30. That means 50% goes to rent, food, and transportation altogether, 20% goes to savings, and 30% on what you enjoy. Or what about diving head-first into credit cards? Your parents might tell you its an excellent way to build your credit, but thats only if youre responsible with that magic plastic card.
If I could go back in time and talk to myself at age 22! Not to sound like an old guy dishing out all my wise advice to the youngins heh heh, but if you can still avoid some common money mistakes people make in their 20s, youll be doing yourself a big favor! Date: 2022-04-19
