Money Mistakes to AVOID in your 20's (Twenties)

[@tshepisompala2236]

If I may add: Manage black tax. Understand how much you can give and don't be emotionally manipulated into giving even when you don't have.

[@FinancialBunny]

I have that under mistakes to avoid in your 30's but i totally agree. i guess it depends on when this specific situation happens in life. Often i see families giving one grace whilst they are still in their 20's but Kushuba there by 30 when they think"you're an adult now"

[@tshepisompala2236]

@@FinancialBunny Yeah that's true. I made this mistake in my early 20s where I gave extensively because I was earning enough and my family was in need. That resulted in people financially depending on me (which at the time I thought was not a problem because they raised me). I look back in hindsight and regret some of the decisions I made, realizing how I could have helped them start businesses instead of allowing them to depend on me financially. (Cause if you dont stop giving, people wont stop asking. And they wont look for alternative ways of making income because they can count on you). In my late 20s now (almost 29) and trying to build again - this time a little wiser.

[@d.gondwe]

Very very true

[@phiwazulu1662]

Can we stop calling black tax it sounds so provocative. Let's say "family assistance" 😊

[@sl-academy]

*The more you give the more you receive" Problem is takers have no limits.

[@naphakademagadla2478]

I am 27 today thanks to people like Nicolete I am sitting on an R840000 investment portfolio with easy equities while still working as a waitron, thank you financial bunny for all your previous videos they helped me understand Stocks and ETFs.

[@welele9010]

R840K working as a waiter? Aowa my sister, I'm sure you didn't expect us to let this one slide. How????

[@Livingabovemymeans]

Well done 🎉

[@naphakademagadla2478]

@@Livingabovemymeans I have to apologise its R84000 got my zeros wrong lol.

[@nicolen3797]

@@naphakademagadla2478 still impressive. How???

[@naphakademagadla2478]

@@nicolen3797 I sacrificed girlfriends, clothes and entertainment plus friends and saved every single penny after covid lockdowns, it was difficult, but I know I will reap the benefits when my Tesla stock and bitcoin EC10 index on easy equities goes up like crazy, we make good money as waitrons trust me even if people judge us i even piad for my university fees at the Durban Universty.

[@Threeyearsto30]

00:30 Not Budgeting 01:30 Living beyond your means 02:00 Impulsive buying 03:09 Living salary rich 03:59 Pay yourself first 05:09 Depending on one source of income 06:38 Not tapping into the effect of compounding 07:38 credit education 08:30 messing up your credit score 09:30 Not paying yourself first Thank you for this! You're informative & to the point. Love it.

[@nashiehun9141]

Thank you!

[@nhlandijack]

😂”You’ve got more month than you have money”. Thank you for the very informative video.

[@mphocollenmaaboyi4215]

I am in my 40s and this is still extremely relevant to me because ill be 70 some day and if i mess up now ill pay dearly then. Very insightful, especially the salary rich analogy, its easy to think you are ok because your salary covers everything.

[@tlaly]

I love this so much❤! Literally posted the same points on my channel 3 weeks ago! I like how you classified the 20s as the accumulation phase and the 30s as the building phase, getting your 20s 'right' is so important and can really set one up for life! 🙌🏽

[@Yellopeaches]

The simplicity and clear understanding in this video 🙏🏾

[@DeejayFuras]

Im in my 30's and i've made all the mistakes but im still watching.

[@amandandleleni9861]

me too🤣🤣 but I've slowed down just addicted to clothes so much

[@FinancialBunny]

Im recording a video for the 30's

[@sindilemarengula4197]

What I needed, thank you

[@tebohmogale99]

So insightful. A great thanks. And just have to say how refreshing it is to look at a bare face. Pure beauty.

[@BonoloPalesaNorris]

Very insightful Nicolette!

[@KINGSMANMNDENI]

thank Nicolet for being there for my financial knowledge cheers to you sister.

[@thevillagegist]

Thank you ❤

[@noluthandomadela]

Thank you Nicolete.❤😊

[@mpudisehoole1057]

This was great and very insightful!

[@zandatwala3469]

Thank you financial bunny❤❤❤

[@bernadetheshihwameni3799]

I can’t wait to meet you in Namibia I saw your poster circulating ❤

[@berthaeichas3788]

This channel is everything..! Thank you so much.

[@owamimakhoba6703]

💯Thanks

[@lindelanitshikalange7537]

I budget but i struggle to stick to it😢

[@sl-academy]

Try follow this strategy. Earn Invest Spend It worked for me. By the time you spend you just left with money for needs.

[@lindelanitshikalange7537]

@@sl-academy thank you, will try this strategy

[@mutumakaundu]

Thank you bunny, enjoyed the insights of the video from Meru town, on the slopes of Mount Kenya.

[@tshepo2japhta28]

Thanks banny

[@Ohole]

Hau! 😮

[@giftmothibedi1627]

I hear you talking about taking out a gym membership and not paying... so does it affect the credit score?

[@sincerelysphesihle3975]

You are a beautiful woman Nicolette. Fresh faced looks good on you. Love it.

[@sl-academy]

I use to think budgeting is for women until I started investing.Most man we just go and buy whatever we want to buy.

[@krazzyvibestv8657]

If your in your 20s really take her advice I wish I saw this information when I was 20.

[@jordeejones5808]

This is extremely helpful, I have decided to make sacrifices this year to achieve my long term financial goals but I have a question, how do you feel about South Africans investing in offshore companies that popular influences talk about on social media. For examples, investing into Roth IRA

[@mpudisehoole1057]

Hey Nicolette, Where can one learn day trading or stock market trading?

[@SammyNdlovu1212]

On KZbin

[@Our-differences]

I need a job I have so many dreams. I want to building wealth, I want to invest in property But having no income is really hard.

[@thandithandi4247]

What is smp 500

[@itumelengpresent1472]

❤❤❤

[@africangirl189]

Now that am in mid thirties why should i even watch this like why such a video pop on my TL? 😂

[@KHZACAPITAL]

Hey nico are you okay?

[@tshepo2japhta28]

I thought I was the first one

[@Princess_Ngokz]

Hey, which bank would you recommend for a student to save with better interest rate

[@abongilerwexwana3222]

I would suggest you check African Bank

[@siphesihletom4933]

I swear Nicollete is the most amazingly beautiful woman I've ever seen.

[@mattgraver3604]

Did you even hear a word she said? 😂

[@LabRatsTraders]

you so beautiful without make up....... i love it

[@FinancialBunny]

Thank you

[@toosiie214]

Stealing can be additional income stream, i dont know why its si underrated

[@FinancialBunny]

Stealing What?

[@andilengwane3372]

😂😂😂

[@JLisaBeats]

Hehe I wonder?🤣

[@achillesglacia7700]

Uh this is not financial advice, bunny is just really frugal is all.

[@simdope8861]

yhooo nicolet is hot guys i had to say

[@Star_Mooneh]

Where we you when I was in my 20s 😢

[@tshilidzisambo3891]

do you have a younger sister

[@all_things_busishozi1721]

First one here

[@MilesLambos-ef1nt]

why do you remind me of Dr Nandipha😭

[@gopolangntsala4557]

Can anyone who knows of the book she's referring to please provide me with the author's name and title of the book. Informative as usual, thanks for the content ❤

[@FinancialBunny]

Just Keep Buying: Proven Ways to Save Money and Build Your Wealth Book by Nick Maggiulli

[@kuhlengubane4854]

love this

[@tshireletsomatsaba]

I'm turning 20 next month and I must say, this video was helpful. Let me subscribe and binge watch your video's 😁🤍

[@katlegoradise1611]

This is all so overwhelming🥲

[@upskillwithnom]

True. I've tried to do all these at once over the years and it can get extremely overwhelming, some months you fall short of doing everything. The rules of money never really change, we should introduce one at a time and add our own flare

[@upskillwithnom]

I ike what she says at 4:20 it's very important to know your season.