8 Unexpected Things I Learned About Money in my 20’s

https://www.youtube.com/watch?v=r6s1dYMgwbw

I live what you would call an unconventional decade in my 20's. Married young, kids young, poor to career success to starting a business and achieving financial freedom at 28. Here's some of the unexpected things I learned about money during my 20's.

8 Unexpected Things I Learned From My 20's

1: Financial Freedom Doesn't Made You Happy

2: Being Poor Definitely Makes You Unhappy

3: Debt Will Eat You Alive

4: Budgeting Is a Skill You Can Learn

5: Focus on Building Your Skills

6: Paying Yourself First is SO Important (and so easy)

7: Happiness is More Important Than Money

8: STOP Trying To Get Rich Quick

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Transcription:

I lived what you might call an unconventional decade in my 20s I didn't live a life that most 20 year olds were to live but through that journey I learned a lot about money and in today's episode I want to share some of the unexpected things that I learn about money through my unconventional 20s hi i'm ryan from on-property don't comdata you helping you achieve financial freedom and welcome to the money shed where today we're going to be talking about these lessons that I learned now as I said at the start I didn't live at conventional 20s or maybe that's conventional for someone in the 50s or something like that I actually got married at the age of 20 I had my first child at 22 my second child at 23 so I didn't go to university or anything so we were quite poor at 23 and I had myself and three other people that I was fully responsible for fully financially responsible for for feeding for housing all of that sort of stuff so we weren't very well-off I then did the career path ended up in a career where I was earning six figures had a free car free petrol a really good career and then left all that to start my own business build up my own business had my third child at 27 and was financially free through my business at 28 lived in a van lived in multiple different cities so didn't really do what a standard 20 year old might do which is go to uni party travel a bit and then start building up your career yeah I started young and I kind of did my 20s really differently and so here are some unexpected things that I learned through that decade of my life that I think may help you whether you decide to live a more conventional 20s and you know I probably wouldn't advise people to do what I did but I don't regret it either but these things might help you on your journey so the first thing and I think this is actually the biggest thing that I want to get across and that was discovering that financial freedom doesn't make you happy so that age of 28 I achieved what I call pseudo financial freedom so online businesses that were generating me enough money that I didn't have to work so I had a couple of years there where I didn't have to work at all I just we spent it up in noose our I went to the beach every day drank coffee every day and just kind of worked on the side and dabbled in work a little bit here and there but I didn't need to work I call it pseudo financial freedom because I knew it wasn't the long-term financial freedom that property investing or investing in shares can give you and it was going to be a short-term thing but I got to experience what financial freedom was like for a couple of years there at the end of my 20s and I learned pretty quickly that financial freedom does...