EP094 Financial Fitness Lessons for My Younger Self

As a young adult, learning how to achieve financial freedom and stability can be challenging if you don’t know where to begin. Learning the importance and value of saving and investing is paramount, but with money and personal finance, true success comes from learning at your own pace.

 

Today, I share the financial fitness lessons that I would share with my younger self. I explain the importance of saving your money and learning to invest at a young age. I discuss the importance of taking a close look at your spending habits. I also explain why you should take more risks and explore all of the opportunities that are presented to you.

 

“Everyone can take a calculated risk at any age, but it is a lot easier to do the younger you are and you have less responsibilities.” – Tracey Bissett

 

This Week on Young Money:

 

• The importance of saving your money. 
• Considering whether your spending habits are frivolous.
• Why you should learn about investing at a young age.
• Starting small and saving towards the things that are important to you. 
• Taking more risks with investing and your career while you are young. 
• Why you should thoroughly explore opportunities, even if you don’t end up taking them.

 

My Top 3 Financial Fitness Lessons:

 

1. Save more even when you don’t know what it is for.
2. Learn about investing and actively do it sooner.
3. Take more risk.

 

Resources Mentioned:

 

• EP033 Investing Basics
• EP038 Investing Spotlight Part 1
• EP040 Investing Spotlight Part 2

Get Your Young Money Questions ANSWERED!

 

Want to learn more about how you can stay financially fit or share your financial lessons with me? Leave a voice message today! 

 

Remember – there is no silly question when it comes to your financial fitness.

Rate, Share & Inspire Other Young Millionaires-in-the-Making 

 

Thanks for tuning into the Young Money Podcast – the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts.

 

Don’t forget to share your favorite episodes on social media! 

 

Subscribe to the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

 

Check out this episode!