berryjam[Serious] What should every young person do?
FoxSave up an emergency fund. If you can manage to keep six months to a year’s worth of expenses in a savings account, it will give you a huge psychological cushion in rough times. Beyond that, save and invest as early as you can.
Learn how to do basic maintenance on a bicycle, car, motorcycle or whatever else in your life that you depend on. That knowledge and experience will pay dividends the rest of your life.
Save up an emergency fund.
I’ll second this by repeating something I said yesterday: it costs more money to have to patch things with bandaid solutions rather than quality solutions. The example I gave was someone not able to pay to turn their electricity back on because they had to keep buying candles for light. I couldn’t save to buy dishes because I kept having to buy disposable plates for my meals.
When you’re absolutely strapped, you waste a lot of money on what you can get while prolonging getting a real solution. Having an emergency fund that you can go to when you get sick or your car fails or whatever else is really an investment in your own wellbeing.