This YouTube video focuses on what to know about financial planning in your 20s. The video suggests categorizing your money into three categories: day-to-day expenses, money for the future, and risk management. The ultimate goal is to increase the amount of income going towards future savings. However, due to inflation, it may be difficult to allocate money to future savings initially. Instead, the video recommends increasing income and reducing expenses gradually.
Chapters: 00:00 Intro 01:46 Organizing your money correctly 02:40 #1 Goal For Financial Planning In Your 20s 05:04 Unique problems to financial planning for those in their 20s
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