Jemma Spike

And I do just think it is essential to your development to put yourself in the hot water of having to adjust to a whole new way of being and a whole new life and just of like kind of being on your own.

Okay, the second thing on the list, understand how money works.

and how it actually works below the surface of basic concepts.

One of my biggest regrets of my early 20s was that I just kind of assumed that the basics I'd been taught about money were correct and were all there was to know.

And I think a lot of us probably had a similar education where you were taught about the importance of a savings account, a budget, an emergency fund, and that was probably where the ball stopped, if it even got there.

Basically, I remember being taught your money is either spent or saved.

When you start to realize the possibility that money actually holds and how so many financial concepts and systems are being gatekept from you and keeping you dependent on a fixed income and the nine to five, you will be totally, honestly shocked and just gobsmacked.

I remember having this realization

especially in university, because that was like the first time that I'd met, I met really rich people, like really rich people for the first time who talked about assets and investment properties and stocks, bonds, ETFs, high yield savings account, like all this linger that had kind of like swirled around me, but I never really thought to learn about.

And

Now, having really like made sure I know and made sure I educated myself, that is why this tip always makes any list I make about things to do in your 20s or regrets about my 20s.

The best thing you can do for your future self right now is to spend eight hours over the next week, over the next month, learning how money actually works, learning how investing works.

learning how low the barrier for entry really is when it comes to like the stock market or when it comes to bonds or when it comes to investing, even just like open up a trading account.

You don't have to put any money in it.

Open up like a high yield savings account.

Just take the first step to being a part of the ecosystem or being a part of the population who understands money beyond just the buy and save thing.

mindset.

And there's just so many amazing resources.

Friends That Invest is one of my favorite online resources to learn.

Even just going to your bank's webpage and looking up how to invest, you'll know more than so many people and it will definitely show.