scorecard6 important things you should know about money when you are 20 or something
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6 important things you should know about money when you are 20 or something

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6 important things you should know about money when you are 20 or something

Increase your learning ability

Increase your learning ability
When we are young, we can do multiple jobs. There should be multiple sources of income and that’s how you can accomplish your financial goals in future. Take up part time jobs as well, this way you will gain experience and money, of course.

Read about personal finance

Read about personal finance
This can be a very boring topic to read about. But, you should read at least one book on personal finance. This will help you in setting your financial goals better

Set realistic goals

Set realistic goals
Once you are fairly aware of the financial planning, set realistic goals. Achieve them with patience and perseverance.

Patience

Patience
Work hard and have patience. One thing that you can learn from Warren Buffett, Steve Jobs, Henry Ford is the virtue of patience. Stay focussed on your goal and you will achieve it.

Stay away from debt

Stay away from debt
This is the worst thing you can do to yourself. Don’t spend more than what you earn.

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