5 Money Mistakes I made in my 20s || financial lessons learned + how to avoid them

[@tonyamiller260]

Excellent information for me as a Black woman in her late fifties; it is never too late. I am sharing this video with, my adult children, who are in their early and late twenties. Thank you again for being transparent.

[@daniahmiller3336]

I always love when the fashion girlies talk money. You're so right Alicia, black women leave money on the table because we just don't discuss finances enough. I'm not American, I'm Bahamian. The cost of living is devastatingly high here, both me ans my 34 years old sister still live at home with our parents. I'm 31 years old and last year I paid off all my debt, but I don't really have a savings. It's kind of embarrassing to talk about, but my twenties were riddled with so many financial hurdles that just kept wiping out any little savings I had. In 2021 I decided to lock everything down and target my $20k student loan debt and in 15 months I paid it off. That was one of the BEST financial decisions I have ever made. Like so many other people, I'm starting from scratch and it can be discouraging. But this kind of content really inspires me to think about ways I can increase my income. I don't earn a lot of money (less than $50k a year), but I do my best to manage it well. I'm starting Grad School in the Fall, and I'm just hopeful I'll find a way to monetize other skills I have and bring more money in while I cash flow Grad School (in addition to looking for better, higher paying full time jobs). Idk...I just feel safe to share that here. If you're in a position similar to mine and it feels like everything coming in goes right back out because you're just not making enough, we can do this. We can up our earnings. Thank you Alicia. ❤️

[@keandriagreen861]

Great information and it’s NEVER too late to start! I am 41 and feel like I am just now getting over the hump created by my financial mistakes!!

[@bagsandlifestyle]

Thanks for the video! I did the same thing with my first job out of grad school. I didn’t contribute to my 401k for the first 2 years because I was planning on going to dental school so I didn’t think it was necessary. 11 years later I am still with the same company. After year 2 I changed that up real quick! Another thing I would tell people to think about is looking for life insurance, long term disability, etc. outside of your job. My best friend and I had a good discussion 3 years into my job. We talked about if we leave our jobs it is more beneficial for us to be able to move the insurance with us rather than losing it if you depart from the company and having to start over with your life insurance at an older age it will cost more.

[@marvelousmarva9666]

Yesssss I’ve been on my job for 33 yrs when young people come in and talk with me that’s the 1st them I say to them get in 401. You can’t miss nothing you don’t have.

[@imcindyc]

SERIOUSLY THIS SHOULD BE A PODCAST!!! Our people are still living this way in all stages of life. Alisha this conversation is golden knowledge and insightful wisdom!

[@narcknowledge]

Can you please do a video on traveling on a budget? 1. What’s your approach to planning? 2. How do you know if you are getting a good deal on flights? 3. Do you use a travel agent? 4. Are certain days better than others to book travel?

[@noova02]

I love this idea. I'm 20 but making enough that I want to start saving towards vacations. It would be awesome to hear from someone who travels on their own dime to any extent

[@TheChicago35]

This is the best money mistake video I’ve seen…! It is so practical and REAL..! I’m 59 and I know this was the life of so many of my friends during their early twenties. Thank you. I will save this in my favorites to share😊😊

[@pigalottafattenton5003]

I learned how to use a credit card properly from an old white man my dad worked with. He paid his monthly house, car, utilities, and everything else with his rewards card. He paid it in full every month and used his rewards to travel. He made money by paying his bills. It blew my mind when he told me this.

[@smileoften884]

This is one of the most sincere videos I have watched from an influencer. Just with you speaking on the fact that yes, your job is too influence and get people to buy things that you still want it to be responsibly done and to be able to say yes, it’s OK that you don’t have the money for it right now, but save for that is Great. Thank you for posting this. It was almost like a little bit of validation that I didn’t know I needed and I greatly greatly appreciate you and this video ❤.

[@monicashannon4989]

Love love love this message! Please don't separate the finance info because it really provides balance for those of us that follow you. Thanks for the transparency and sincerity 😊

[@rayablount254]

So thankful for this video. I wish there was a video like this when I first started in the corporate world 10 years ago. I made the exact same money mistakes from college up until 6 years ago. Thank you for your transparency

[@kryliam3243]

Great video! I agree and have experience similar situations. My 22 y/o is currently in college. I've been having the same conversations with her. I recommend setting a budget, cutting back on brunches and happy hr. She gets upset with me. I tell her I wish I knew this stuff when I was her age.

[@conniejackson5937]

I am 67 years old and you are telling it like it is. You are young and awesome. Love your vlogs thanks to Nita Danielle I found you.

[@dlf3867]

Why I enjoy your channel: 1. You are open & honest 2. Your style is different from other KZbinrs 3. You are good with time management. (this is an area I can improve on) 4. You frequently talk about assessing your budget weekly 5. You shop all areas & thrift too You provide that dose of “real reality” & how to plan & make “your life” possible. I will share this with my daughters! (sometimes kids comprehend topics differently coming from a different source) Great topic & thanks for sharing

[@karlenah10]

First of all you look gorgeous 🤩. Second, thank you for sharing these tips and lessons. They are needed!

[@positivelyishah874]

This was much appreciated. It’s always nice when influencers talk about money and not just shopping/spending money. Thank you for this!

[@jenniferadderley2566]

This video came right on time! I needed to hear because I'm going through a financial situation now and I'm learning everyday to build financial wholeness. Learning financial literacy as Black woman is very important in order to build a generational wealth and that's my goal. Thank you Alicia for sharing this video it was very helpful and knowledgeable.!!!❤💋👑

[@sophiaosiris446]

As someone struggling financially and still fighting the urge to keep up with the Jones’s, I truly appreciate you going out of your way as an influencer to encourage folks to live within their means. I love your content and sense of style. You taught me how to slay some short press ons and elevate my nails on a budget. Thank you ❤

[@MicheleBland-es4cs]

Thank you so much for this video. This information was interesting and valuable for women of any age but especially our young black women who are out here today. You are awesome for taking a chance and being transparent about your regrets and mistakes

[@summermobley1116]

Thank you for the transparency. I will definitely be sharing this with my young adult children to give them the knowledge we didn’t have in our early 20s.

[@keishab2056]

Love this! Keep ‘em coming!

[@cheriethompson8592]

Love this video! You should do a series "Get Your Life Together" budget, finance and beauty.

[@briannaingram7929]

This was good and simple. Thank you so much

[@myrawright3658]

This is wonderful…much needed!❤

[@virginiamartin9582]

Yes! I’ve fallen victim to the first pitfalls myself and you are right that no one talked to me about finances and money so I had to learn everything the hard way on my own. And I still feel like I’m learning at 47. Thank you for sharing and reminding me to stay on budget. My friends laugh at me when I say “I need to consult my budget first.” ☺️ But I’m not trying to go back to how I use to be.

[@lesliebuggs3]

This is good stuff! Thank you for sharing..When I have money coming out of my check for a Roth or 401k I look at it as, "Out of sight, out of mind"

[@ShutokaJ]

This is such an important conversation thanks for sharing I'm 42 and boy I wish I could do a few things over. I hope this video reaches the masses

[@shervondavid6882]

This video is very much appreciated.

[@uniquelyshellz]

Thank you, sis, I appreciate that you are doing videos on budgeting and finance, especially for women who may not be educated enough about how to budget and where to start. I always want to educate myself as much as possible, especially when I was growing up, no one taught me about finance, budgeting, and savings. This is so informative and important.💞💞

[@sashabrookes9004]

Thank you for this!!! Please continue

[@trece3433]

Thanks ,great information. 😊👍🏾

[@ashleyturner4483]

This was so good and such a great reminder I shared with my adult sons. Thank you

[@AsiaGee]

Thanks for sharing. 7% match is crazy..🎉

[@kimberlymartin459]

Hey Capital 1 is calling....can you talk to them!?!😂😂😂😂😂 I love this video. Great Job!!!!!

[@istyleliz]

I enjoyed this video thank you me and my husband is teaching our children about finances now. Born in the 80s I’m 42 just now learning money management. It’s never to late but I definitely have regrets and wish i would’ve done that. Thank you for sharing ❤

[@mzlscott]

Awesome video! Good information!😊

[@lindaperson382]

I agree what you saying. But remember it is changing day by day save save save and be careful with your money don't spend it all.hi everyone.

[@melaniewalker8423]

Thanks for the advice. People need to hear this information. It will help alot of people.

[@lindathurmond7963]

$100 saved Monthly - Let it Grow. Wow !!! Setting yourself up for success in the future. ❣️

[@hilyfa4726]

Thanks for sharing. I have had 1 credit card when I was younger and haven’t had 1 since then. I am now 51. I have found out that at lest 1 credit card is needed for hotels etc.. and it will help build yr credit so I will definitely be getting one again

[@hopebless9117]

Thanks for sharing this video I enjoyed it ❤

[@shannondonahue4992]

Thanks a lot for your advice

[@bernitaccooper]

Absolutely love your finance videos! I loved the IG lives you did previously on finances. Keep the conversation coming 😊

[@ruby14444]

Love this tfs!!

[@slandemonestime6396]

Awesome video!!! You really gave away a lot of gems, and you've given us a lot of insight to correct any mistakes or regrets we may have as well!!!.

[@meganjones5321]

Video idea: how to get you finances in order. I’m not too far in debt and I can certainly get on track, but looking for guidance on how to knock that debt out.

[@brownesugarandspice4253]

Great info I love this please give more of this content!

[@deborahbell-theobservantch3759]

Thank you Mama, great thinking,many thanks for the extended generosity in spreading financial wisdom 🙏🏽🙏🏽

[@Regina.Michelle]

Money is so important. definitely need to save your money and invest it ;such as 401(k) or Roth IRA. Great information

[@valariegaines3550]

Not you calling me out for using Afterpay ! Glad you did because i been telling myself i need to stop using these apps. They are bad just like credit cards.

[@erickagaines7231]

Omg this is me. Everything you mentioned I’m 34 and my copy matched with my 401k and I kept putting it off I’ll do it later. And credit cards 😭 don’t get me started. But I’m aware now time to make some changes. Thanks for the video as always I love your videos

[@Alexisplair]

Thank you for your vulnerability! Many times you see people later on in their journey and assume their life has been perfect when in reality we all struggle with something at some point and don’t look like what we’ve been through. Thank you for laying out the schedule of one business/finance video per month. As someone starting their journey to small businesses ownership, I appreciate the tips and advice!

[@keishas3869]

Such a great great video!

[@AliciaGettys]

Thanks so much!

[@lavernehaggray3391]

Great advice !!! 🥰

[@debbiefoucha2679]

Thanks for sharing very good advice

[@sunniprouductions1]

Thank you so very much. You’ve helped me more than you will ever know! Sending ❤from Philly!

[@ebonyspeaklife]

What made you interested in working in finance & accounting since u didn’t grow up being taught those skills?

[@mizkk93]

Love this video, as I was just having a reality check with myself about my spending, and you literally said it; I've been high-key tryna keep up with the "Joneses" or newest thing and don't have the money; pay down credit cards than charging to them again, I'm tryna break the cycle. 😔 P.S. I'm turning 30 this year, and wish I did a lot of this sooner too. I would love it if you could at some point touch on how to find a financial advisor (whom you can trust), as I feel I'm still learning and need that guidance. I find it hard to just take that leap to get one because of the idea of "it's my money" (I don't want just anybody in my business), but I need some help regarding financial decisions, investing, retirement funds, and researching on my own has been very vague at times.

[@angelaholden8012]

Great Information !

[@rglover143]

This was AWESOME 👏🏽 👏🏽👏🏽👏🏽 Thank you soooooooo much for your transparency, your tips and suggestions. I think this new monthly series will REALLY be helpful for all of us. ❤ Than you again for caring………. 🤟🏽

[@karenbryant2631]

Awesome video!!!!!

[@ebonyspeaklife]

What are tips to discipline yourself to not touch savings?

[@xomikaj2820]

Thank you for this video. Very informative. Question is it better to save while your trying to get out of debt(credit cards) or pay off debt ( credit cards) then start saving?

[@marviamorrison1186]

Love this

[@bradinabraxton8836]

Thank you this was so educational and helpful to us all. If we admit it or not. Much needed and I appreciate you sharing.

[@aneglareed949]

I just want to say thank you so much Alicia for this video I watch all of your topics but this one is very to the point and educational thanks again❤

[@shantawilson]

This was such a good vlog. Being in the finance industry myself, I can totally relate. My motto is never leave free money on the table. We need to have these conversations constantly in our community. We have to share this info. Setting ourselves up for the future sets us up for a great retirement fund and being able not to be a "Walmart" greeter to subsidize our social security. I'm just saying. Start now. It is all worth it. 😊

[@cherrishpryor7568]

One way to not use up money in your savings account is not to have a card where you can spend the money from the account. Have a card where you can only withdraw money and it has a daily limit. It forces you to not spend and makes it harder to use large amounts of money.

[@bsthornton]

I love this! Please don’t separate the content. We all need to be dealing with the financial aspects of being fly! Lord knows I do. Thanks for the vulnerability. I felt seen. I have spent so much money I shouldn’t have because I was trying to maintain other people’s perception of me. Smh.

[@jennyrieras431]

Thank you for making this video it was extremely relatable to know you’ve experienced these things especially b/c we only see how it is now…”right under the e” 😂

[@lanellegarvie4652]

The BEST video ever!!! Thank you so much! So informative, and relatable to everyone, especially college grads trying to figure out this thing we call "Adulting". Succeeding takes dedication, and perseverance. It doesn't come overnight. This will be helpful to so many.

[@stella2415]

Thank You so much for this subject and advices !

[@Clarissia.Finley]

This series is becoming one of my favorites. Thank you so much for being transparent.

[@_thebombchelle]

Thank you for this. I am turning 33 this year. While I feel like I am a decade behind the mindset you have, it’s never too late. These top 5 were on point.

[@heyitsxotina]

Here for this, please more videos about finance! 🥂

[@bethsaidadavilma4062]

Hi Alicia! Love this finance series! Can you do a video on investing options for low risk investors starting out please? Thank you 😊

[@Lemonpeel2021]

I’m still struggling with financial maturity. It’s a shameful conversation when you have a great job and feel like you should have all these nice things but you’re still struggling to prepare for your future; which I’m not doing the greatest at. My intention is in the right place but I can’t seem to execute. These vlogs are extremely beneficial to me. Send help.

[@brittanybrown3516]

I absolutely love that you did this video ❤ I am soooo happy that you shared this information on how we should use our money and still live life ! Thanks ☺️

[@msttodd8628]

Great information, I too wish i learned it earlier. But through my mistakes, i did. Now I try to talk to everyone, and i love this video. I felt like i was listening to a friend.

[@ebonyspeaklife]

I’m Matching with 401k 😂❤

[@kathythomas884]

That was excellent, so much needed. Thank you for sharing & caring ❤

[@staceybland5406]

Great video!! That 401k advice is real! I’m so grateful to have had people in my life that HARASSED me about investing in my 401k. I was blessed to have an internship that allowed us to invest in college which has helped me create an almost $250k portfolio before 35!

[@HeatherEM]

Thank you for this I’m definitely getting a late start, but I’m starting 🙏🏽❤️

[@thedomlife]

❤❤❤❤❤❤❤❤❤❤❤❤❤❤

[@tiyyas3022]

I love these videos! My company does not match our 401k so I have not contributed anything to it despite being there well over 6 years. I do save quite a bit annually. So I am struggling with finding my way into this aspects

[@mariajacobo4889]

Great video. Alicia, while I enjoyed your content I wish you would acknowledge minorities in whole need the financial help not just “blacks people.” I feel as minorities we should help one another and not just select who the content should be for. This comment comes not from a malicious heart but of a heart that would like more unity amount one another.

[@Cali8701]

Great tips, I definitely needed to hear this 😅 it’s so hard especially with social media. I stay ordering something off instagram or tik tok and klarna adds up fast.

[@sunniprouductions1]

Thank you for this information.