The 5 Financial Goals To Achieve In Your 20s

[@iammars142]

1. Credit above 750 2. Get out of bad debt (above 5% interest rate) 3. Have 1.5 years worth of expenses invested 4. Create a 2nd income source 5. Save 25% of your income

[@matthew8153]

I Am Mars Saved me a lot of time.

[@bobsebolaobama4946]

Thanks man

[@dwm2177]

@David Castro not really

[@dh2266]

You know Graham posts this in the description right?

[@wyspakaszuby]

Save 75%

[@SteveRam]

I didn’t start until my 30’s and I’m still in my 30’s, and got 5 out of 5, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age and change your future! Great video Graham! Thanks for sharing!

[@majia]

oh goodness, thank you steve. i'm 28 and I'm watching this video panicking that I've somehow failed life

[@prathikhegde8604]

Thank you so much

[@saadaelmi6634]

@@majia you haven’t failed I’m proud of you keep going❤️

[@tejasj8740]

Thank you so much!

[@travisholden2311]

The best time to plant a tree was always 20yrs ago...the 2nd best time is Today.

[@fatherleo4603]

I'm already in my 30's but I'm going to pretend I'm in my 20's just for this video

[@Dividendsmattertoo]

Lol good one I’m 29 freaking out about turning 30 next year

[@MitchellRuns]

S P net worth ?

[@Dividendsmattertoo]

Mitchell Merritt just around 46000$ so far I feel like I need to play catch-up

[@jak4403]

Am 80 and pretending to be 25

[@pakigangsta5]

I became 30 at 16 years old...son of an immigrant yada yada yada. I'm well off but feel burnt out

[@MrMountain707]

Graham, I absolutely love how you spend the time to write a lengthy description in each video! That way I have something to review back too after watching the video! Thanks! Keep up the good work!

[@JamesHollowayYT]

That's something I need to work on, on my KZbin videos talking about real estate investing!

[@hey8174]

Based Stephan taking the time for us 9-5ers to write detailed video descriptions so we can still read the content without audio. Thanks dude!

[@GrahamStephan]

you got it!

[@gotwoodskater]

Graham Stephan good try graham, I know it was for the algorithm 😎

[@jacksonjobe4156]

“The first thing you need is good credit”. Dave Ramsey “Im gonna have to stop you right there”

[@keaten52]

I love the dichotomy in philosophical views about credit. I think it's important to remember that credit is just a tool, and like any tool, can be used for good and evil.

[@andrewblocher9110]

My favorite Dave retort!

[@herbythechef7624]

ALL LOANS ARE BAD. GET OUT OF DEBT. RICE AND BEAAAANSSS

[@MoneyMindsetM]

The school didn't teach us these things, Thanks, Graham!

[@blakerossdeutcher2307]

Killing it, man. 24 and staying frugal to hopefully pay off loans this year while practicing investing with a small account. Love your advice and mindset, keep it up!

[@JamesHollowayYT]

Nice Blake! I'm 25 and I started real estate investing about 6 months ago! Two properties later, I cash flow $1100/mo! 1/3 of what I make from my normal job! I talk about my experiences and knowledge on my KZbin channel as well!

[@GriffinMilks]

Been following you for 2 years and still got fooled by that thumbnail. Shoulda known! Great tips though Graham. I'd advocate the multiple streams of income as THE most important that people need to really strive for!

[@GrahamStephan]

haha thanks :)

[@joshstewart5491]

Griffin Milks fooled me too!

[@WilliamBraford]

I know you feel like you're talking to people in their early to mid 20s but I'm turning 31 and royally screwed myself and family in my 20s (-44000) and because of all your video, I'm cracking down on all my finance.

[@JamesHollowayYT]

That's awesome to hear William! How are you doing it?!

[@aminedhaouadi7932]

Well it is a general spectrum of financial literlits. I'm 17, some are older then 20s others are younger

[@tevvmusic]

I just turned 20 a month ago. My goal is to become a millionaire by 30. When my music career works out, I will be able to achieve that.

[@MichaelP-ke1tm]

Multiple sources of income

[@Projectsalvo184]

keep up the positive mindset

[@jhockey3428]

Good luck

[@deeznuts3472]

i see neither of our plans worked out from 2020... good luck

[@DepressionTalks1]

Listen. This was TRULY one of the most informative and helpful videos I've ever watched on financial planning and management. These tips were practical, and the way you broke everything down made it easy to understand. You are truly awesome! Thank you so much for your help.

[@GrahamStephan]

Thanks!!

[@Rleatfitness]

I wish I had discovered you sooner id be further ahead with my savings

[@jrg4587]

Thanks for being a POWERHOUSE of useful information to help many of us get out of financial struggles. We love you Graham Stephan!

[@nataliam6173]

28 yo 1. 2 properties in Miami 2. $160 K in savings 3. Saving 23% of my salary every month 4. Credit above 780

[@pkrprince2513]

Congrats, happy for your success! I hope you have a fulfilling life, help spread some joy in these troubling times.

[@jdrive6978]

Excellence. proud of u

[@Phougi]

Let's date

[@KaiserX]

5. rich dad

[@hunchohuncho6552]

Nice !

[@joshabreu19]

This is probably one of the only Chanels I make sure to smash the like button on. Great work Graham! 👍🏻

[@NefariaAdventures]

This video needs to be shown in every high school/college/university.

[@JamesHollowayYT]

All of his videos need to be taught in school!

[@AfterFurtherReviewCFB]

No they shouldn’t. I’m 18 and glad the pot is small. If they WANT to learn this there’s sources available.

[@neft5449]

@@AfterFurtherReviewCFB we share the same mindset. Wouldn't want too much competition 🤣

[@xanderk704]

I love how you put a summary of the 5 milestones in the end, nice work!!

[@richardyepes1764]

Great video Graham! I am 38 and did the late start. Started watching your vids a couple of months ago and always great info. Wake up call was 2017 when I bought my house and had to raise my credit as fast as possible. Have been helping my young employees doing exactly what you just put in this video

[@aryder2113]

Nobody around me has known how to get a grip on money so I am VERY thankful that you post videos!

[@CuriosityUnchained]

These are excellent advice as usual. And I really like that you stressed living expenses instead of percentage of your income

[@aijiading5168]

Graham is so genuine and helpful for these tips! I am inspired to get rid of my bad debts in the first place!

[@M0rdFustang]

I've been saving 30% of income since Jan 1 this year 😎

[@RealLifeMoney]

Awesome % to have! ;)

[@bradgreen5938]

Mord Fustang not being critical do you live with you’re parents

[@aileencrane7700]

If you make a lot of money and keep your expenses low this is pretty attainable.

[@RealLifeMoney]

And if you do what Graham suggests with house hacking. Boom

[@SuperDirtyLion]

@@bradgreen5938 I save 35% living with 3 roommates

[@user-bm6wu9zw9m]

I smashed the like button because everything you said is pure gold.

[@travisfein]

Woah I was just shocked seeing the apartment at 3:17. I was involved with the sale of that penthouse, that's awesome to see in your video!

[@KathrineAnnVlogs]

Very happy to announce I just booked my first FREE trip due to credit card churning. I wouldn't have known about it if it werent for you, Graham. Thank you!

[@ryanduty10]

I am 23 this year and I happy that I accomplished 4/5, now I really need to go get a credit card ASAP.

[@JonathanJustifies]

the only person in the videos i have seen that actually makes me like the video. but well deserved

[@Astillion]

The only one of those 5 that I achieved in my 20's was to be free of bad debt. And that's just because I never had any. I'm now halfway through my 30's and can proudly state that I've checked all of them! And I've been saving 70% of my income for two years in a row. It's never too late to become financially successful.

[@barrylawrence8329]

You're the man Graham. Easy to understand & more importantly.. I believe what you say. You seem honest. I'm not much of a KZbinr but i watch you.

[@iwwanly1544]

I'm in the mid twenties and I haven't achieved any of what you mentioned 😭 but now I swear I have the dedication to do this and I'm gonna do it and I'll keep coming back to this video to help me achieve it, thanks Graham for a great video 😊👍

[@Youngrasshopper_]

How are you doing now?

[@Runupbandz4life]

U straight? 😂

[@andrewog300]

Probably one of your most helpful views, solid goals all bundled up into one video which is super helpful

[@ryanvalenciano2261]

Me: yes i need to save money and live frugally Also me: I really want a race car

[@dan_4531]

A lamborghini😂😂😂

[@jeremiasabreu3673]

same bro🤣

[@AlexisGonzalez-jy4sl]

This man is speaking financial language

[@GrahamStephan]

I try!

[@AlexisGonzalez-jy4sl]

Thank you!!!😊 i love your videos man!!!! Thank you for your videos🙏🙏🙏

[@hunterlisk5773]

My goal for this summer is to buy my first house hack just like you! Then by the end of my 20s I hope to have achieved financial freedom! Wish me luck, and i hope everyones dreams come true too!!

[@liskh5]

You get it man!

[@biggoober2499]

GRAHAM YOU'RE IN JUBILEE'S new episode ahhhhh

[@NefariaAdventures]

"Don't close old credit cards" - I hope people see this and see how much your credit score will drop if you close cards you've had for years. Some other financial experts advise closing credit cards - which is some of the worst financial advice out there. People who don't know any better end up closing old cards due to this advice, and heavily damage their credit as a result. If consumers have bad self-control issues when it comes to CRC's, they should just shred or cut up their physical cards.

[@P1983sche]

Nefaria Adventures Right because then it ruins your average of years the credit has been open. Great post!

[@jpgamer1000]

Why does it drop your credit? I’m only 19 so I don’t know much about credit

[@codemode5646]

Damn, so my plan of getting 0% apr cards every couple years and cancelling old ones will damage my credit score? Any idea how much?

[@jamesdoughty1522]

Average age of credit is about 15% of your score. The actual score difference will depend on your total credit profile. The only cards you should close are ones with an annual fee, unless you get more value from the points or cash back than the cost to keep the card. Even then I'd only close a card if I had another card or 2 that is over 2 years old.

[@brent1041]

Or close them as soon as possible. So your soon to be ex wife don’t run up 7K without you knowing till she don’t pay the bill and it goes into collections. Aka what happened to me

[@FrederickHenriquez]

One of the best videos so far! I’m just sorry that I’m 31 already but will work towards the same goal!

[@Churles]

2 months before 20 and already hit 750! I think that’s cool af 😂

[@TheZEDPediatrician]

That's awesome

[@TheZEDPediatrician]

I'm 20 as well and would like to connect

[@TheZEDPediatrician]

I'm 20 as well and would like to connect

[@gegeunique8257]

Im 18 and doing everything possible that will set me better financially😤

[@AdonisGaming93]

Well I just got my first real fulltime job at 26....and I already reached most of these goals.....im 26....lol I save over 50% of my income right now, but will be moving out soon so it'll be tougher.

[@trashbank6148]

I mean, when you're not paying rent, it's relatively easy to save that amount 😂

[@danielberens7715]

Wow , late start

[@JamesHollowayYT]

Nice! Currently 25, save 39% of my income, have two rental properties that cash flow $1100/mo and save all of that towards my next rental property

[@AdonisGaming93]

@@danielberens7715 long story. I had to start school system a year later. Did community college before 4 year school, changed major 3 times. Went to grad school and failed. Jut a lot has happened.

[@billshat7477]

@@AdonisGaming93 I can relate to this. Did you get a job with a degree?

[@bradhardman3693]

I’m so glad he makes these videos! There is too many people who don’t know ANYTHING about the real world until they are thrown into the real world with out the tools to build their net worth!!

[@brandonliao408]

Graham, the markets are seeing almost record drops all across the board. I'm guessing you would already know about this but are you thinking about covering this sometime soon?

[@247FilmMaker]

@@TheJackOfAllTrades777 GRANT

[@XxBakerxX72]

He said in an Instagram post that he isn't. Reason being, he's made many videos on it and the response is the same: buy, hold, do nothing. Long term investing basically, keeping for many years before selling off. Invest now if you can afford the cash since prices are lowered. And as always, keep investing in like button smashes

[@brandonliao408]

@@TheJackOfAllTrades777 Ah, autocorrect. I'll get that fixed.

[@brandonliao408]

@@XxBakerxX72 Thanks for letting me know 👍

[@Omegazelll]

I literally put my first thousand euros (I'm 21) on the stock market last Wednesday. Every day I see its value drop (already -13%), i kinda laugh it off for now as this is not money I need to live but i start to think I started investing at the worst possible moment. But in my head i'm like "Buy and hold... then buy and hold then buy.... and hold". Just hope it pays off in the end.

[@jshlds46]

Graham, thanks for this video! Agreed most of the articles are skewed and have very unrealistic goals. All of your goals are spot on and very realistic for the "average person".

[@battlingphoenix]

I’m 18 so I’m gonna so I started my expense tracking as soon as I received income :) hehe (the way to win the RAT RACE is by not racing at all)

[@awisusanto7879]

Very true.

[@jessesdomain444]

Im 25 and left the rat race a year ago. Good for you

[@daylight1440]

Jesse's Domain what do you do instead of the rat race?

[@jessesdomain444]

@@daylight1440 i adopted minimalism and living below my means

[@AfterFurtherReviewCFB]

Jesse's Domain I’m 18 too. Let’s network bro ig: that_one_ricky_kid Snap: thatonerickykid

[@henrysu5741]

Your channel is my rabbit hole

[@creylacoste4981]

Dear algorithm, I am forever in your service

[@TonytheYorkie]

Gotta love Graham! My man always dropping free99 knowledge!

[@thatPTpharmacist]

You forgot Sixth: by the age of 30 you should aim to have smashed all the like buttons of G P Stephans videos!

[@brentbeneky9762]

I liked the video before the video even started... you already know how it is Graham

[@AsikaBros]

Love the thumbnail

[@frostyphoenix1278]

I smashed the like button last year and then the KZbin algorithm rained financial advice down on me. Now I have a plan for financial stability after graduating college.

[@TyDyeStudios]

Too many ads interrupting that sweet video content! Would rather have just one ad at the beginning and one at the end

[@resolutecapital898]

Having a second income source by 30 is a fantastic goal! That is one of our favorite things you said in this video. If you have a second income source, you can have freedom to have peace of mind knowing that if you lost your job or wanted to quit, you wouldn't be up a creek. You could still get by because you are getting income from another source.

[@GenZInvestor]

I really like the point of having 18 months worth of expenses! I think it is an excellent starting point for anyone to achieve!

[@alexdoyle1019]

Thank you Graham for the ‘easy to digest’ advice. I am grateful for your videos. I wish you success.

[@kevinpatterson23]

happy to say I've achieved these goals by 26 :)

[@GrahamStephan]

AWESOME

[@NateDouden]

Love that it’s so widely applicable. Gonna send this to all my friends

[@mY_tRuTh]

When your income equals expenses and tax , savings becomes a second thought.

[@Tekutteku]

Im 22 right now and knowing this is an eye opener.

[@Jrdsign]

How about a part 2 video for those that are already 30 and way behind 😂 ... we need 5 steps to catch up.

[@dylanreh2010]

Probably the same steps. Biggest things would be to increase income quickly and limit expenses any way you can(sounds obvious but it's no joke). Cancel those subscriptions for a year and pick up a side hustle. Then, since you have a late start, probably save 35% of your income or more instead of 25%.

[@DreeandMarc]

Thank you Graham. I just made some major moves that gunna sky rocket my credit in the next few months.

[@qs0176]

I live with my parents and I’m 17. People in my family have always struggled with money and so I was terrified to have to rely on my parents at all times. Got a job at 16 and have saved just under 15k. I hope to get into trading when I’m 18 and do real estate.

[@dawsen1855]

How you doing

[@livesongs1174]

@@dawsen1855I agree here how you doing?

[@user-yh6dq2hl2t]

Hows it been going man

[@ellenwestover8111]

I’m 24 and should be bad debt free next year. Then on to investing! Thanks for a great video!

[@GrahamStephan]

AWESOME!

[@danieldavila4999]

Ok 23 right now. • I make about $500 a month off of Turo renting out a few cars and $1000 a month from work. • Credit Score at 765 (three credit cards) • I recently got my real estate license last week. • I get my tuition at Cal Poly Pomona 100% paid for by financial aid. • I have $20,000 saved away. That's where I stand today.

[@cantae5149]

What cars do you rent out on turo?

[@danieldavila4999]

@@cantae5149 A '15 Jag XF and a '08 Toyo Yaris. Looking to get rid of the Jag since the Yaris rents better and just get 2 more of em to make $1.5 or $1k easily. Wouldn't have to worry about depreciation anymore.

[@creativereinvestor]

I am a Turo customer , I rent vehicles from this Indian guy , They started it with 2 vehicles 2 years ago now they have a small fleet of 15 cars , most vehicles are mid size suvs. I have no idea how much they make it after repairs, depreciation and taxes.

[@danieldavila4999]

@@creativereinvestor writing it off helps.

[@chefstevenmurry158]

I'm a year from 40 so this be what I need before 50!

[@shaloon64]

I smashed the like button and now my credit score is 851 😰😰😰

[@GrahamStephan]

noiceeeee

[@GenZInvestor]

LOL I like it

[@thesnowflakediaries5267]

saw you in the jubilee video, you stood ur ground love you through and through

[@CALI93930]

I just took the first step, just opened a discover it Credit card to start my credit score 😁

[@IlliaDoroshenko12]

Nice! I had discover secured for just under 7 months and got 750 credit score on experian and 767 on transunion.

[@RealLifeMoney]

NICE! Great pick with discover, that was my first as well :)

[@shoe7393]

Opened mine a few months ago and my credit score is already pretty good thanks to watching Graham’s videos 👍

[@shoe7393]

💳

[@utuber3476]

I did this too a year ago starting with 0 credit history and now my score is 750. Thanks graham :p

[@Jano_Alvis]

I’m glad I found out about your videos at 20 years of age. Thanks Graham!

[@dragontec48]

Graham... you should make a video about financial goals to have when you graduate college or while you're in college.

[@pedrogmiller]

Thanks Graham, even just the first 1 minute of your video is worth a lot. Keep up with great content!

[@dailydrivenH2]

Back in my 20s My financial Goal was Beer money for the weekend 👌 love your videos man

[@rogerguerra2657]

You’re the only KZbinr that I would gladly hit the like button for just because of how happy you are when you say to hit the like button.

[@boreddrawer0428]

I wish the like would smash me

[@xjayy1613]

With a stream of income? ;)

[@slimjym4396]

sit on it

[@thelifeofnicx]

Bored Guy lmaoooooo

[@تومريتشاردز]

@@slimjym4396 would that be a new bad dragon though? 👀

[@cosminion7058]

no homo?

[@j.c.pictures772]

Out of all the other KZbinrs, your the only one I smash the like button to when you tell me to.

[@GrahamStephan]

Thanks!!

[@L0Wmusics]

Just saw you on the "do all millionares think the same?" Video, I really like the way you carried yourself in the video. You earned a subscriber!

[@AdventuresandUs]

I dig that these are practical and actionable instead of being broad

[@AaronCrowder]

All jokes aside though, do you think the market is in for a crash/recession due to the coronavirus? Everything is plummeting and all my investments are taking hits, but I just gotta stick with it and buy when everything's low because it's basically on sale. I'm just nervous cus I don't exactly know what to do as of right now.

[@marshallmathers8672]

i don't even know man, my portfolio is tanking.

[@christopherdunn2828]

I subscribed to you to watch them stock updates and to see where to possibly put mine. Hoping everything goes well for us and coronavirus can be taken care of.

[@angelabarnard929]

As I heard a saying, be greedy when everyone's scared and be scared when everyone's greedy

[@AaronCrowder]

@@angelabarnard929 Ahhh, I love it. Are you invested in the market? If so what are you thinking of doing right now as my portfolio is down 20%.

[@billybadass8690]

If you’re investing in index funds, keep investing as if nothing happened. If you’re investing in individual stocks, make sure the companies you are holding have high ROE (10% of more) and a reasonably low amount of debt (cash to debt ratio at least .50). The market will recover quicker than you think.

[@Cryonicity]

Hey Graham these are really helpful! I would love more FinAdvice like this. I don't think every is as Financially savvy watching as you think.

[@ReggieBryant]

Incredible video. I love the distinction between good and bad debt. My biggest Takeaway is to have 1.5 years of expenses invested. I also enjoyed the fact that you spoke about how expenses DO NOT need to change just because your salary goes up. That’s something I express a lot on my own channel. Amazing job, Graham!!

[@eskatea7]

Just saw the Jubilee video on millionaire and I just wanted to say that you are awesome Graham. You are someone I look up to. I and many more learn so much with all the value you bring us 🙏🏻 thank you for this. Stay humble my respect for you has gone so much more up 🙏🏻

[@tabba1376]

*Me:* Been subbed here for a year, never miss a video, most I watch a few times, I'm subbed, the bell is on, I know this guy and channel so well. *Also me:* 5 seconds in and I realize I was totally baited by the thumbnail like it's my first time here. 🤣😂🤣😂

[@GrahamStephan]

ahhh thank you :P

[@ForgottenLlamas]

Awesome stuff here Graham! I am 20 years old and your channel is setting me up for success. I personally am working to firstly max out my Roth IRA account and then save up the rest for a down payment on a duplex. I’m currently at 5k in my Roth. Luckily I am working full-time and staying at my parents’ house for now so I am VERY blessed and thankful because I know many others don’t have the same opportunities!

[@CALEBBYPRODUCTIONS]

Dang, Im gonna do well. Cos I smashed the like button! 😂

[@BreadChasers]

I really like your point about good debt vs bad debt. As long as you're profiting from good debt, why get rid of it?

[@ThinkMoneyBenny]

Me: I’m going to crush this list Also Me: 0/5 on this list 🤦‍♂️

[@GrahamStephan]

:/

[@rpierrelouis071]

Think Money 😂😂

[@M0rdFustang]

💀

[@RealLifeMoney]

At least we know what to work on! haha

[@truecanadian6905]

30 years old, 3 properties (1 for living, 2 for investment).Some Vanguard ETF on hands. I believe I am on the right track, but still have a long way to go. Thank you, Graham, for the inspiration & knowledge!

[@thegrantwalks]

Graham: You should save 25% of your income. Me: *Disappointed when I miss my 80% savings goal*

[@adamhardyn935]

I like your approach.

[@investingentrepreneurs1680]

Great work again Graham! You’ve inspired me to create this KZbin channel and talk about my passion of stock market investing!

[@AboutAysha]

Wow, I actually feel like I'm on track to hit all of these before 30. I feel good!

[@GrahamStephan]

EPICCC

[@TheGolfClan]

That is impressive. I see that you also put out KZbin content - will check out your channel and subscribe!

[@AboutAysha]

@@TheGolfClan thank you so much!

[@AboutAysha]

@@GrahamStephan WOO!

[@TheGolfClan]

@@AboutAysha of course, just subbed! I'm also on the road to 500 subs, but you're much closer. Keep at it!

[@remiharkamp5783]

I allways love how you incorperate smash the like button, but this one was EPIC!!! SMASHING NOW!!

[@alexandruulici-buyingfreed9118]

Had to demolish the like button for that Smash the like button shot!

[@chuckennuggett]

Sometimes i watch your videos on audio. I start work at 4 am. We open at 6. That lets me listen to music or audio of graham Stephen, gary vee, and wes Watson for motivation / advice to push the morning forward.

[@obama7325]

I just got a 57 minute ad usually i watch the ads for graham but that’s too much time

[@mitchell.9632]

Agree with the point on basing it off of expenses and not income.

[@RealLifeMoney]

These rules are SOOO much better, love the create a 2nd income addition as well. On track right behind you Graham! And of course smashing the like button for financial reasons ;)

[@-ja]

Yo you did really well on the Jubilee video. Sorry if I'm late, but you were way better than the other people there.

[@jakethompson172]

As a 16 year old im getting ready for all of these goals early..... AND smashed the like button for the yt algorithm

[@bessiebuddy7951]

Same! Best to be prepared because it’s not like school is gonna teach us :)

[@jakethompson172]

@@bessiebuddy7951 very true

[@philp6560]

Right, having just a single source of income makes you vulnerable. It's better to be prepared. Who knows what expects us in the future.