Don’t be afraid of taking risks
When you are in your 20s, taking calculated risks can be a wise decision in the long run. Remember, there is no such thing as mistakes – you’ll either succeed or learn something invaluable. Also, you can recover faster from financial mistakes when you are younger.
Calculated risks can mean a lot of things, including investing in high-risk/high-return stocks or moving to a new city for better job opportunities. If you’ve always dreamed of starting your own business or going back to school for additional training, this is the best time to do that.