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Today I'm sharing 11 MONEY MISTAKES to AVOID IN YOUR 20s— these tips cover a variety of different areas (savings, investing, insurance, budgeting, retirement, and more)! Let me know your money tips in the comments and any requests for future money management videos.

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[sources]
Emergency Fund (MoneySense): https://bit.ly/2S60pFO
CPP (Canada Pension Fund): https://bit.ly/3t4UePg
Savings Accounts Chart (greedrates): https://bit.ly/3e3Pp4e
Inflation in Canada: https://bit.ly/3eIVkLg
Compound interest graphs: https://bit.ly/3e2HEM6

[timestamps]
00:00 Intro
01:13 #1 savings goals
02:16 one of my savings goals
02:51 #2 emergency fund
04:34 #3 credit card fear
05:44 #4 track your spending
06:45 #5 beware of fraud
08:27 #6 have a plan (aka budgeting)
09:02 automation is your friend
09:58 #7 retirement
10:44 TFSA & RRSP
12:03 #8 investing
13:02 the magic of compound interest
13:44 #9 renter's (tenant) insurance
14:26 #10 interestfree payments
15:37 #11 get empowered
17:02 question time

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[music]
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FTC: This video is not sponsored. Some links in the description box (marked with an *) are affiliate links...I earn a small commission on purchases made through those links...there's no cost to you, but the commission helps make it possible for me to continue creating videos for a living :)