I made a lot of money mistakes in my 20s. Looking back now, there are so many things I wish I understood earlier about making, saving, and investing money.

In this video, I share 10 money lessons I learned the hard way, from being too frugal, focusing on saving instead of increasing income, investing mistakes, understanding taxes, tracking your money, and building the right money mindset. These are lessons that completely changed how I think about money and helped shape the financial life I have today.

Use the resources below to get to your first $100k!

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If you’re in your 20s (or even your early 30s), watching content like this already puts you ahead of most people. My goal with this video is to help you avoid some of the mistakes I made and give you a clearer framework for building wealth, increasing income, and making smarter financial decisions earlier in life.

One of the biggest reasons I struggled with money in my 20s was taking the right mindset too far. Saving and growing your net worth is important, but it has to be balanced with actually living your life. I’m incredibly grateful I learned the importance of investing, and building long-term wealth early on.

If you want to see more videos like this, check out my other videos:

30 Brutal Business Truths I Wish I Knew In My 20s:
https://www.youtube.com/watch?v=m7UM_c9Za-g

12 Years of Marketing Knowledge in 35 Minutes:
https://www.youtube.com/watch?v=UbKQFqpRcio

I hope you guys found this video helpful, and if you did, please SHARE it with a friend or family member who you think could benefit and also LIKE and subscribe for more videos like this in the future!

Thank you for watching, and I hope you have a wonderful rest of your day!

– Charlie

#MoneyLessons #PersonalFinance #Investing

Timeline:
0:00 – Money Mistakes I Made in My 20s
0:49 – Lesson 1: Finding the Right Balance With Frugality
2:37 – Lesson 2: Focus on Increasing Your Income
4:19 – Lesson 3: Why Simple Investing Works Best
6:21 – Investing in Crypto and Removing Investing Friction
7:27 – Lesson 4: Know Your Hourly Rate
8:41 – Lesson 5: What School Never Taught You About Money
10:07 – Lesson 6: Tax Loss Harvesting Explained
11:37 – Lesson 7: Pre Tax vs Post Tax Money
13:23 – Lesson 8: Finding a Money Mentor
15:15 – Lesson 9: How to Track Your Money
16:25 – Lesson 10: The Money Mindset That Changed Everything
18:01 – Final Thoughts and Takeaways

Disclaimer: Some of the links above may be affiliate links, which means that if you click on them, I may receive a small commission. The retailers and financial services companies pay the commission at no cost to you, and this helps to support our channel and keep our videos free. Thank you!

In addition, I am not a financial advisor. Charlie Chang does not provide tax, legal or accounting advice. The ideas presented in this video are for entertainment purposes only. Please do your own due diligence before making any financial decisions.

► My Instagram: https://www.instagram.com/charlie__chang/