What Financial Advice Would You Give Your 19-Year-Old Self?

10 Top Voted Answers

Recently, a nineteen-year-old man took to the internet seeking financial advice from men. He explained he was “just starting out” and wanted help with management and investing.

Here is some of their helpful advice.

For example, a 401K or another type of retirement plan will be highly beneficial down the road, and it’s always good to start saving early.

Invest in Your Retirement Early

One man recalled seeing a statistic that said nearly 50% of US households could be sunk financially by any unforeseen expense over $500.

Always Keep a Financial Safety Cushion

Others agree that life is about a good work-life balance, and finding it while young is all the more important. Somebody added you only live once and have fun while you are young.

Find a Good Work-Life Balance While You’re Young

One man recommended not to fall into the lifestyle trap of spending more as you begin to make more to keep up appearances.

You Don’t Have to Keep Up Appearances

One user explained how the “hours to dollars” ratio of time spent while gaming could be beneficial as a pastime, especially regarding cheap living for a young homebody with no financial obligations.

Find a Cheap Hobby

Swipe up to continue reading!