10 Amazing Financial Habits to Start in Your 20’s

Financial tips

Bill Gates said it correct , “If you are born poor, it’s not your mistake. But if you die poor, it’s definitely your mistake.” I am sure I am not the only one who is dreaming sky high in the twenties. Every one of us holds some specific dreams and believe me when I say it if you can dream it you can do it. Managing money in our twenties can be extremely difficult if you don’t have some successful financial habits. therefore, most of us postpone financial matters to our 30’s. But hey, there is no better time to learn and develop something new than your twenties. So, today I am going to talk about the 10 financial habits I developed to strengthen my future financial.

Financial habits

10 Amazing Financial Habits to Start in Your 20’s

Get on a Budget:

A goal without a plan is just a wish. So, to turn your dreams into reality you need to have some plans and you should start from getting on a budget. You definitely don’t want to spend more than you earn. Budgeting will help you to get done with your essential things as well as saving an amount from your earning every month. I use a spreadsheet to create a budget list for every month where I note down the essential expenses and try to get it done within my budget. Each month I compare the budget amount and try to minimize it as much as I can.

Start a side job:

Most of us in our twenties are college students. Initially, I thought to develop financial habits once I get a job but hey…don’t ever think about that. Because college time is the best time to invest your spare time on productive things and develop some great financial habits. During my college life, I have started Blogging and Freelancing to earn extra money. I can’t express how happy I am about my Blogging decision. I save the money I have earned doing my side jobs or sometimes enjoy a vacation with it.

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Educate yourself by study and research:

“Financial freedom is a mental, emotional and educational process”. To achieve your dreams successfully, you need to keep yourself motivated, inspired and most importantly you should be aware of the process of finance. Reading motivational, inspiring and informative books is another favorite financial habit that I have developed.

Some of my favorite motivating and informative books are:

You can find many books to boost your spirit but these are my favorite books that have given me the very basic knowledge to become successful.

Start saving money:

Did you ever think twice while spending $20 in a restaurant or shopping? No, right…? But if you save $20 every month, at the end of the year you will have $240 in your hand and if you continue doing it for 5 years, you will be able to save $1200. Now you should think about that $20. Save an amount every month as per your capability and track your savings. At the end of your saving milestone, you can buy a car or a house and thank your 20’s for developing this financial habit.

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Minimize your spending:

As we always say it is not about how to make, it is always about how we spend. Being a college student, I always try to minimize my spending, whether it is about buying monthly groceries from Walmart, Amazon or budgeting for my next travel destination. My biggest preference for saving money while spending is using Ebates. Ebates allows us to get cash back up to 50% everytime we shop at popular online shops.

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Learn to invest:

Investment is a very important financial habit to develop in your 20’s. If you are investing an amount to something make sure you will be benefitted. To do that, study and analyze where you are investing and how it will help you. If you gather knowledge about investments in your 20’s, your 30’s will acknowledge you for that.

I have recently finished reading The Only Investment Guide You Will Ever Need by Andrew Tobias. I literally felt like…gosh!! I had to learn so many things. All the things are described from basics and very helpful for our future investments.


Stay in a minimal wardrobe:

I have a strong obsession towards new clothes. Truly, I hate myself for being so. But now, I have decided to have a minimal wardrobe with the Classic piece of designs so that I can mix matches them properly. A minimal wardrobe helps a lot to cut extra spendings. How did I do that? I started from selling my old clothes at Elanic and buy some timeless design of clothes with those earning. I am on my way to have an organized wardrobe with some pieces of clothes that reflect my personality.

Build a healthy surrounding:

Yes, your surrounding matters a lot as you are on a journey where you need lots of motivation. In our 20’s we often have a fight with our emotions and this results to break down of our productivity. I strongly advise you not to be victimize of that. Always keep your surrounding healthy with a limited people of your kind, who share the radiance of positivity and can boost you up at every step.

Financial habits

Health is wealth:

“Health is Wealth”, the most common proverb we have listening since our birth. Well, now it is your time to implement it. Your physical and mental capability is the key to your success. Good food, workout, healthy habits bring positivity and success to you. So to become successful in your goals, develop self-care routine and step into a healthy lifestyle.

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Live socially and interact with finance people:

Being introvert is just something that never falls in your favor. The last but not the least of this best financial habits to develop is being a social person. People who have already achieved their goals are full of experiences and in your 20’s you should definitely learn from them. Follow your ideal people on social media and interact with them. Study their journey and get inspired. Your passion should reflect in your dedication.

These are my 10 best financial habits that I’ve developed in my twenties. I am still learning and in the process, if you are following something new, please share in the comment section below. :)

We all are here to grow together. If Twenties and Lifestyle motivates you, I invite you to join our Facebook Community: Bloggers of Twenties.


Hello, I am Kiyashmi , a 21' blogger living in North east of India,Assam. I empower soul searchers about this revolution of :Twenties and Lifestyle. I write contents to make a healthy and happy life through hobbies and travel. if you hit that 'subscribe' button - a new friend!!

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6 Replies to “10 Amazing Financial Habits to Start in Your 20’s”

  1. Samar Misra says: Reply

    Excellent article Kiyashmi! Thanks for the amazing article and providee valuable books and guides for learning. I love your state and culture of Assam and have visited Gauhati, Jorhat, Majuli Island and Dibrugarh and have loved it. Hope you and family enjoyed Bihu!

    1. Thank you so much. It is so glad to hear about my homeland It is a beautiful place to visit. Yes, I had lots of fun in Bihu.. hope you will come again. :)

  2. These are such great tips and provide a lot of perspective to people in their 20’s. It seems like often times we don’t find these things out until we screw something up.

    1. Exactly, therefore developing habits is very important. Thanks a lot Sarah.

  3. Such good tips to follow and makes it easy to start x

    1. Thank you so much. Yes, these are very basic and can help you to develop a great future financially.

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