Money Problems in our 20s
Who doesn’t like money?! It may not be the ultimate goal for all of us, but it’s definitely the beginning to achieving several other goals. Money Problems are common these days with everything touching the sky and beyond in terms of price. 20s is a period when we don’t realize the kind of Money Problems we are inviting initially. And by the time we realize it’s already too late. Here are some reasons we face Money Problems in our 20s.
1We begin spending too much (initially) the moment we start earning to feel that sense of independence.
Source : BuzzFeed
2The concept of savings hits most of us quite late when we are in our 20s.
Source : ScoopWhoop
3Most of us look for money instead of growth in our jobs. We pick the one paying higher rather than the one that pays less, but provides a much higher scope for the future.
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4Investments are not our thing! We do not explore this option at all.
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5We don’t explore other income possibilities. Nobody is born with a singular talent only. There is obviously something else you are good at that can fetch you some good income. Multiple income possibilities always help.
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6Planning finances! Most of us don’t do that. If one has a planned blueprint of what to put where, you will never be broke.
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7Buying everything on EMIs and loans! Yes, it helps, but only for the moment. The rest of the time you are always just paying up the money and saving nothing.
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8Most of us overdo the whole “pamper myself phrase”. It’s good to spend after yourself, but if you are going to blow up the entire income, then you need rethink.
Source : Giphy
May be this post could help you save better and say goodbye to your Money Problems.