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What would you Advice your Younger Self? (MoneyWise)

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@filotasriza3
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3 min read

Ahh how nice to be young and spending your money on the most useless things, that was the most valuable to us at that moment! I think i speak for the majority of you, that when we were younger we spent a part of our money on the stupidest things.

Now if i were to talk with my younger self and give him a couple of advice regarding money, i would probably say only 2 things. I could say a lot more if the question was related to women but that's life!

To begin with as a child, thankfully my parents didn't spoil me, especially with anything related to money. Let me give you an example in order to understand better the little filotasriza3.

So when i was young my parent used to give me a weekly allowance. i couldn't spend to anything i wanted to but i mainly used it for buying food in school or when going outside with friends.

You see when i was in school there was no free food, large cafeterias and stuff like that. There was a small store that you could buy food if you wanted to. My parents gave me the choice to take food from home like toasts, croissants, fruits etc etc

Also, note that my allowance was just a few euros enough for me to either buy something each day from school or use the money on weekends and have an awesome time.

So from a young age, i faced a dilemma and that was, how to spend my money and have the "best results". The best result for me at that time was to go out with friends during the weekends and spend the money there.

If somehow and by somehow i mean my grandpa game me some money then it was partyyy time. I bought the stupidest thing with that money, like tons of yu gi oh cards.

So the first piece of advice to my younger self would be to buy things that can have value in the future. For example, instead of buying the fake yu gi oh cards, i could buy the authentic ones which were more expensive but they still hold value!

A few years later when i was close to finishing high school i think, i stumbled upon btc and at that moment its price was somewhere between 20$-50$. I remember thinking of investing back then but i was too scared of losing my money.

I told my father and because he didn't know either he basically said no. The funny thing is that he still remembers that no :P. So the second piece of advice would be to make your own research and take small risks

Honestly, if you think about it, in the worst case scenario i would have lost 20-50$ and the best case one would be to have a fortune by today. I think that was a small price to pay. So now one question left to answer and that is...wait for it...


What would you Advice your Younger Self?

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