How Not To Be Broke In Your Early 20s
The same principles that helped people generate wealth even a decade or two ago still hold true today.
If you are just starting your career, you are probably hearing a lot of comments about how "things were different in our day." The people telling you this are likely also pointing out that you’re earning much more than they did when they started out.
And while that is true, they are conveniently ignoring the fact the fact that the cost of everything has gone up. You are facing the same problems they did—the major one being running out of funds by the end of the month. So, you will be forgiven for not thinking about saving for the future.
The thing is, not much has really changed. The same principles that helped people generate wealth even a decade or two ago still hold true today. This episode of Big Decisions is geared towards Gen-Z.
On it, Udayan Adhye, founder of Udayan On Money, speaks about the advantages of starting to invest early. But believe it or not, the first investment he advises young people to make is not in stocks, mutual funds or even fixed deposits.
