Saving in Your 20s

Mr. Money Mustache’s latest article is one I plan to read over and over for a while. No really, I just setup some automated reminders to read it again several times in the near future. MMM was the first blogger I really got into following (back in October 2011 when I found the post The True Cost of Commuting) and I’m a little sad that he doesn’t post as frequently anymore. But this one really rings true.

Some select awesomeness…

The difference is how you come out of those 20s.  At best, the advice above will get you some good memories, a strong career, a slightly larger waistline and weaker liver, and a negligible net worth. Better than the average fate, but a huge waste of an opportunity if you ask me.

Because here’s the thing about your 20s. They are the time to work. The very, very best time in your life to work your ass off and create an exponential snowball of money, skills, and friendships.

In real life (even New York City real life), you get paid for getting really difficult shit done, better than anybody else can do it.

I’m trying harder and harder everyday to get really good at doing really difficult shit. On my birthday, I reminded myself that my work is a good thing.

Before I grew fond of MMM, I first learned a lot from Dave Ramsey. And this ethos is one of few things these guys fully agree. Ramsey’s saying is “live like no one else, so later you can live like no one else.” So true. Work your ass off in your 20s so you can actually bother to live your life afterwards. A retirement fund isn’t a noose around your 20-year-old neck, it’s a lifeline.

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