Financial mistakes to avoid in your 20s – failing to educate yourself on personal finance and investment

Most young people know that they need to save part of their income and put the money away in good investment products to improve their financial situation over time. But very few actually know how to practice this rule.

With many financial products on the market, it’s easy to let good money-making opportunities pass you by because you don’t know enough to pick them out from the lot.

A lifetime of prudent financial decision-making requires you to commit to lifelong personal finance education. This knowledge will give you a better chance of attaining your financial targets. There are many ways to start this journey, below are just a few.