You’re in your 20s and you’ve heard adults telling you that the world is your oyster. It’s completely true! Being in your 20s are possibly the best years of your life, because you’re fresh out of school and ready to take on the world. It’s the ideal age range to find out what your interests are, perfect time to make mistakes, learn and grow from them. However, some mistakes have lasting impact if you’re not careful.
Pay special attention to these 8 mistakes to avoid in your 20s.
1. Getting too comfortable
Don’t be afraid to be uncomfortable – it’s dangerous when one is too comfortable in his or her situation, as that would mean there is no growth. Part and parcel of growing up, involves facing challenges and overcoming them with vigour. Being uncomfortable helps you to advance in life. Go ahead and apply for that job which is out of your league. Go ahead and ask your crush for a date.
2. Drinking too much alcohol
It is completely ok to be celebrating with alcohol! But, it should be done moderately. Being in your 20s, socialising is important for networking. However, don’t succumb to peer pressure and feel the need to chug down a pint for every meet up with your buddies. Binge drinking may lead to various health problems such as kidney failure and alcohol poisoning – you probably wouldn’t want that right? Think about medical bills.
3. Not starting a retirement fund or an insurance plan
Early bird catches the worm! Don’t drag and think that you’ll have plenty of time to start saving few years down the road. Once you’ve landed on a full time job and earning regular monthly income, it is vital to set some money aside for your future and rainy days. Do your personal finances and save at least 20% to 40% of your monthly salary. You’ll be surprised how much you can save in a year, if you’re consistent with your savings. Shop your favourite brands through meREWARDS, and earn cashback for every purchase made. Find out more here.
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4. Not paying off any student loans
We’re all aware that university fees can be expensive. Once you’ve started a full time job, ensure you’re paying off outstanding loan fees on time. It would be ideal to slowly pay off school fees when you’re still in school, if you’re working part-time. This would definitely help lessen the burden after graduation.
5. Accumulating credit card debt
Hold your horses! As a young 20-something, there’s no need to own a credit card. It’s dangerous if you think owning a credit card gives you a more exciting and glamorous life.
In fact, it’s the opposite! Your credit card bills will dispel that notion, as soon as they arrive in your inbox or mail. If it’s really necessary for you to own one, when you’re starting out, try not to overspend with your credit card. Prevent this by putting a low spending limit on your card. Only increase it during emergencies. Remember that every delayed credit card bill will eventually snowball into a huge amount, putting you in serious debt issues.
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6. Not experimenting with career options
As mentioned above, the world is your oyster when it comes to finding something you see yourself doing long-term. There is no law that says you have to work in an industry that is related to your field of study. Thus, it’s completely fine if you’d like to explore a new industry when you’re beginning your career. Always take note that, everyone progress in life at their own pace – don’t compare yourself to others.
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7. Wanting to please or impress others
Live life the way you want it to be, carve your own future. There’s no need to seek validation from others, just to make you feel good. You do you! However, while you’re at it, don’t be self-righteous and obnoxious about others’ opinions. Do note that everyone is entitled to their own opinion too. Being respectful to everyone is a trait you need to inculcate. The last thing you’d want is to burn bridges with people.
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8. Distancing yourself from your family
With your extra commitments and newfound financial freedom, it might be easier to feel independent. There may be instances where you can’t join for family dinners, due to work or you’ve set a dinner date with your friends or significant other. Thus, distance between you and family grows further apart. As you grow older, you have to be cognizant that your parents (and siblings) are not getting any younger. It’s important to spend some time with them – bring them out for dinner at their favourite restaurants. It’s time to show them that you are grateful for their sacrifices when you were young.