To Do:Hi , i am 20M from Gujarat , currently studying in MBBS , What should i am doing in my 20s & what not . Tell me which mistake i avoid & good habits implied on my self . What should you do if you are in 20s ?
The moment I read the question/title... I knew that some great advise gonna come.To Do:
Not To Do:
- Start tracking your spending.
- Evaluate your expenses every month and try to save as much as possible by compromising on some wants without hampering your needs.
- Use those savings to experience new things as much as possible.
- Invest some time in learning personal finance without cutting down on daily activities.
- Spend as much time as possible with your parents.
After Getting your 2nd month Salary:
- Stay away from Loans and EMIs.
- Steer clear of get-rich-quick schemes.
- Be aware of financial scams happening in our country.
- Never make decisions based on your emotions or FOMO.
Here are some YT channel recommendations that might add some value in your 20s:
- Get a term life insurance and health insurance. Avoid ULIPs (Unit Linked Insurance Plans).
- Build an emergency fund of at least 9 months.
- After accomplishing this, start your investment journey according to your risk appetite and do your own research (DYOR).
Note: Never follow and trust anyone blindly except yourself
- Labour Law Advisor
- Akshat Shrivastava
- Pranjal Kamra
- Sarthak Goswami
- Mohak Mangal
- Zero1 by Zerodha
- GT Plus
- Lapaas Voice
- Gen Z way
- Bekifaayati
Enjoy and utilize your 20s to the fullest![]()
Three Rules :To Do:
Not To Do:
- Start tracking your spending.
- Evaluate your expenses every month and try to save as much as possible by compromising on some wants without hampering your needs.
- Use those savings to experience new things as much as possible.
- Invest some time in learning personal finance without cutting down on daily activities.
- Spend as much time as possible with your parents.
After Getting your 2nd month Salary:
- Stay away from Loans and EMIs.
- Steer clear of get-rich-quick schemes.
- Be aware of financial scams happening in our country.
- Never make decisions based on your emotions or FOMO.
Here are some YT channel recommendations that might add some value in your 20s:
- Get a term life insurance and health insurance. Avoid ULIPs (Unit Linked Insurance Plans).
- Build an emergency fund of at least 9 months.
- After accomplishing this, start your investment journey according to your risk appetite and do your own research (DYOR).
Note: Never follow and trust anyone blindly except yourself
- Labour Law Advisor
- Akshat Shrivastava
- Pranjal Kamra
- Sarthak Goswami
- Mohak Mangal
- Zero1 by Zerodha
- GT Plus
- Lapaas Voice
- Gen Z way
- Bekifaayati
Enjoy and utilize your 20s to the fullest![]()