“Just because you try and ignore your debt doesn’t mean it’ll go away (looking at you, student loans).”
For many of us, our 20s are full of growth, new experiences, and figuring out who we are. But this learning curve usually includes making a few mistakes along the way — especially when it comes to money.Which totally makes sense! Money can be confusing, especially if you didn't have classes in personal finance or an adult in your life who was able to teach you.
Although our money mistakes can be painful and expensive to correct, they're also valuable learning experiences . Plus, when we talk about and share these experiences, we can help others learn from us too. So I asked members of the BuzzFeed Community to share the biggest money mistakes they made in their 20s. Here are their responses:"Going to college. I thought it was what you were supposed to do right out of high school, so I did it. But I was so unfocused and confused about life that it became one of the dumbest decisions I’ve ever made.""Cosigning on an auto loan I couldn't afford with my S.O.
"Knowing what your debts are and paying them off, even a little at a time, is a lot better for your credit and mental health than just assuming you can’t do anything about the debt.""I left an office job to do freelance work in my 20s, and I really didn't know that much about freelancing going in. That income is
, and you are responsible for paying it! Math is not my strong suit, plus at the time I wasn't that savvy about negotiating my rates, so ultimately I ended up working more hours for a lot less money.""I also lost benefits by leaving my office job, like some of my medical coverage, transit reimbursement, certain discounts, etc.
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