“Question to all of you over the age of 25, as asked by a 23 year old single female: What is one thing you wish you had done when you were either a)Single or b)Single and 23?”
The answers to this Facebook thread I witnessed were astounding to me.
38 of the 51 comments, that’s 74%, discussed personal finances as their advice in some way.
I guess you could say that the responses didn’t really astound me. They in fact line up perfectly with all of the other stats we know. Stats like, 80% of people in North America HATE their jobs. Or 75% of Americans are living paycheck to paycheck. Or 54% of people that retire this year will do so with less that $25,000 in the bank.
The Facebook comments look something like this:
“Been smarter with my money!! I am now having to work on getting out debt I could have avoided.”
“NOT gone into debt.”
“I’m 29 now, and I feel like I’ve had to pass on a bunch of opportunities now because of the debt I acquired when I was in my early 20′s. The most important point: I HAVE NOTHING to show for the debt!! It deludes you into feeling good and then later you pay for it.”
“Stay out of debt. Start investing. Never buy a car with debt.”
That list could go on forever.
These 51 comments could have said anything. They could’ve said, “Chase your dreams! Find your passion and risk it all. Dive in, you only live once!”
But no, all of this advice is just average. This is the advice that married adults are shouting back at someone just starting out.
“Take care of your personal finances. Put your financial life in a position so you can chase after that dream you have. Protect your dream by managing your money wisely now.”
74% of those over the age of 25 shouted back to their past and said, “WAKE UP! Don’t ruin that dream. The world needs it.”
What advice would you give to someone in their early 20‘s just starting out?