If you don't avoid these money traps by your 20s, you'll be working until you are in your 60s:
1.Choose the right partner Your partner can either break you or make you. If you want to please your partner only by spending on wants, you will end up being broke. Find a partner who shares your money philosophy. A person with high morals who does not value the superficial. 2.Luxurious lifestyle The more income we have, the more we are tempted to buy more and look good. If you chase a luxurious lifestyle, you will not save and invest. Outward appearances do not equate to success. Success is having control of your time. 3.Failing to upgrade a career Your 20s are a golden age to level up professionally. You should: - Learn skills - Change jobs - Ask for raises/promotions This ensures that your career has an upward trajectory. The more income you have, the more assets you can buy. 4.Spending a lot on weddings A wedding does not have to be expensive to be memorable. Do not be in debt for a one-day event. There are affordable ways to celebrate. Be on a budget and do not overspend. There